TRENDS IN THE DEVELOPMENT OF ECONOMIC RELATIONS OF ISRAEL IN THE MIDDLE EAST

Author(s):  
Evgenii V. Palamarenko ◽  

The lack of Russian-language research on the features of the economic development of Israel as an OECD member state underlines the urgent need to identify new trends in the Israeli economy. Not taking into account the existing variety of humanitarian studies, and especially the concentration of studies on the political history of Israel and its modern component, we can recognize a clear lack of work that would cover Israeli economy. Current trends in Israeli trade relations, which have begun to make the mselves clear, require both consideration of effective trade and economic interaction between Israel and Palestine, and identification of the peculiarities of hidden regional trade and economic ties. Israel and Palestine are in close cooperation on the exchange of labor and goods, despite the lack of a political settlement. For Palestine, Israel is a major trading partner, and Palestine plays a key security role for Israel. The second important aspect in covering new trends in the Israeli economy may be the need to study the nascent format of cooperation between Israel and the Middle East. The article explores the specifics of economic relations between Israel and the countries of the Middle East, reveals the growing role of economic relations between Israel and the countries of the region.

2020 ◽  
Vol 8 (11) ◽  
pp. 705-709
Author(s):  
Bhagyadhar Sethy ◽  

Russia and India have a long history of cooperation in the energy sector. The prospects for the development of the energy dialogue are as promising now as they were during the period of friendship between the Soviet Union and India. Since the late 2000s, the Russia–India energy partnership has been enjoying a renaissance. So why is now the time for Russia to think seriously about giving a new impetus to the energy dialogue with India? India is the worlds third largest energy consumer and a major energy importer with steadily growing demand. Russia is a key global producer and exporter of petroleum and natural gas. The two countries needs naturally complement each other. The current energy bilateral cooperation, already strong, can significantly extend to new sources such as Liquefied Natural Gas (LNG). Building on these can be an industry in natural gas vehicles and renewable energy, enabling economic instruments, such as energy benchmarks, and a policy framework, including labour mobility, to develop a skills corridor in energy. This paper examines the current state of Energy and economic relations between India and Russia. It flags the major issues that hinder development of economic ties between the two countries and discusses future prospects for growth. India and Russia have a long-standing relationship and securing an economic and energy partnership is important from both the diplomatic and geopolitical perspectives. Russia has a vital role in ensuring Indias energy security in the coming decade. India imports oil, mostly from the volatile region of the Middle East. However, to sustain current high rates of growth, India needs to secure and diversify its energy sources. How Russia is an obvious choice in this respect?


Author(s):  
Sharon Pardo

Israeli-European Union (EU) relations have consisted of a number of conflicting trends that have resulted in the emergence of a highly problematic and volatile relationship: one characterized by a strong and ever-increasing network of economic, cultural, and personal ties, yet marked, at the political level, by disappointment, bitterness, and anger. On the one hand, Israel has displayed a genuine desire to strengthen its ties with the EU and to be included as part of the European integration project. On the other hand, Israelis are deeply suspicious of the Union’s policies and are untrusting of the Union’s intentions toward the Israeli-Palestinian conflict and to the Middle East as a whole. As a result, Israel has been determined to minimize the EU’s role in the Middle East peace process (MEPP), and to deny it any direct involvement in the negotiations with the Palestinians. The article summarizes some key developments in Israeli-European Community (EC)/EU relations since 1957: the Israeli (re)turn to Europe in the late 1950s; EC-Israeli economic and trade relations; the 1980 Venice Declaration and the EC/EU involvement in the MEPP; EU-Israeli relations in a regional/Mediterranean context; the question of Israeli settlements’ products entering free of duty to the European Common Market; EU-Israeli relations in the age of the European Neighbourhood Policy (ENP); the failed attempt to upgrade EU-Israeli relations between the years 2007 and 2014; and the Union’s prohibition on EU funding to Israeli entities beyond the 1967 borders. By discussing the history of this uneasy relationship, the article further offers insights into how the EU is actually judged as a global-normative actor by Israelis.


Subject China-Russia cooperation. Significance Beijing and Moscow are compensating for deteriorating ties with Washington by building -- or at least declaring -- close political and economic relations with each other. Chinese exporters of production and consumer goods are replacing Western companies that are curtailing activities due to Western sanctions and Moscow’s countersanctions. However, neither Beijing nor Moscow sees the other as a true substitute for normal relations with Washington. Impacts China and Russia will more actively use the renminbi and ruble as settlement currencies. Russia will preserve its position as China’s key supplier of oil and will significantly expand deliveries of natural gas. Russia will press for closer ties in high-tech industries; China will be wary, fearing this might prompt new US sanctions. The epicentre of Russia’s foreign economic ties will shift further from the EU to China. Greater economic interaction with Russia will help China cement its relations with other former Soviet countries.


2020 ◽  
Vol 14 (3) ◽  
pp. 34-43 ◽  
Author(s):  
V. A. Zubenko ◽  
A. M. Masalimova

The development of the EAEU takes place in the context of the formation of a new system of world economic relations and the transformation of the rules of world trade. Further areas of multilateral cooperation between states and regional integration associations are emerging (including the digital economy, cryptocurrencies). As a consequence of the aggressive foreign policy of economically developed countries, the regionalization of trade and economic ties is gaining popularity, which makes it urgent to reformat trade relations with regional integration associations. Along with this, the primary integration effect associated with the opening of national markets and the simplification of trade rules, which manifested itself at the first stages of the formation of the customs union and the single economic space (CES), is being exhausted. The volumes of mutual trade of the member states are changing, but its share in the capacity of the common market of the EAEU remains virtually unchanged from year to year. The further growth of trade and economic ties within the EAEU is mainly due to the removal of existing obstacles and the qualitative improvement of the conditions for doing cross-border business. Various negative phenomena distort the integration agenda and substantially neutralize the positive effects of integration. The reasons noted above make the task of a comprehensive study of the economic and geopolitical factors of the integration of member states and new challenges to the integration processes urgent. To develop approaches to strategic planning for the development of the EAEU, adequate assessments of the use of the integration potential of the member states should be made and areas with the most significant reserves for building up integration cooperation should be identified. The full involvement of Armenia and Kyrgyzstan in the orbit of the Eurasian economic integration, as well as severe changes in the external economic situation that have occurred in recent years, require the actualization of possible scenarios for the development of the Eurasian Economic Union and the development of new tactics for the response of the EAEU and the Union member states to newly emerging factors and challenges affecting on integration processes.


2021 ◽  
Vol 16 (6) ◽  
pp. 20-28
Author(s):  
Batunaev Eduard V. ◽  

For a long time, trade relations in this region have played an important role between agricultural and nomadic cultures. The Great Silk Road, the first trans-Eurasian trade route connecting East Asia and the Mediterranean in antiquity and the Middle Ages, promoted an intensive exchange of goods, interpenetration of cultures, transfer of knowledge and technology. Russia and Mongolia have long common borders, close economic, cultural, and religious ties of border territories. The study shows the development of Russian-Mongolian trade and economic relations, considers the volume of trade, analysis of the range of goods, the ratio of the trade turnover of the Russian-Mongolian trade, the main directions of trade routes, expeditions to study the Mongolian market. The characterization of the rivalry of Russian, Chinese and foreign entrepreneurs in Mongolia is given. Different positions of Russian statesmen, trade circles and the public regarding the prospects of Russian-Mongolian trade are revealed. An assessment of the routes of scientific and trade expeditions in the study of the state of the Mongolian market is given. The problematic sides in the Russian-Mongolian trade and the ways of their solution are revealed. Particular attention is paid to cross-border territories that played an important role in the development of trade and economic relations. In his work, the author relied mainly on the principles of historicism, scientific nature and objectivity, historical-genetic, historical-dynamic, comparative-historical, retrospective methods, which allowed the most complete analysis of the main stages and patterns, dynamics of trade, problems and prospects for the development of Russian Mongolian trade and economic ties. An analysis of Russian-Mongolian trade and economic relations allowed the author to come to the conclusion that, despite the existing problems in the development of trade, Mongolia occupied an important place in the political and economic interests of Russia at the beginning of the 20th century, especially for Siberian commercial and industrial capital, which had common long borders and long-standing trade and economic ties. The study showed that the border territories of Siberia were closely integrated into trade and economic relations with Mongolia and were a kind of outpost in Russia’s Far Eastern policy.


Author(s):  
Simon Bulmer ◽  
Owen Parker ◽  
Ian Bache ◽  
Stephen George ◽  
Charlotte Burns

This chapter examines the European Union’s (EU’s) external trade relations in the context of the wider framework of global trade agreements, along with its related policies on development aid, particularly with the African, Caribbean, and Pacific (ACP) states. It first looks at the history of the EU’s trade and development aid, before discussing its contemporary external trade and development policies. It explains the workings of the common commercial policy, considers disputes within the World Trade Organization (WTO), especially with the United States, and explores the EU’s trading relationship with developing countries and near neighbours in the context of the European Neighbourhood Policy (ENP). It then considers theoretical explanations of the EU’s external trade and development aid policies, as well as criticisms of such policies. Analysis of the EU’s external economic relations brings to the fore a number of theoretical themes, such as the tension between nationalism and supranationalism, the complexities of bargaining within multiple international forums, and the dominance of particular ideas across different forums.


Author(s):  
Goroshko Maryna

This paper attempts to explore China’s economic interest in Ukraine, a country which is in an advantageous geographic location with relation to China. Considering its position in the global map, Ukraine has the potential to become a transit hub for China. This has huge economic repercussions in Ukraine since China is the second most important EU trading partner after USA. Ukraine can thus take advantage of being a unique transit hub for China in the Silk Road. Instrumental background to Ukraine economic relations with China In spite of having a huge market potential, Ukraine did not share an optimistic trade relation with China. The country’s unstable political environment along with having investment risks induces China to maintain a cautious approach toward Ukraine. However, due to a positive political relationship between the two countries, Ukraine can play in favour of China’s strategy to strengthen the Silk Road Economic Belt. Although this facilitates China’s trading relationship with Russia and the EU, the current crisis in Ukraine has become a concern for China since it does not want to play the role of diplomatic intermediary in Ukraine crisis. China chooses its strategic partners usually based on a couple of factors. The country has to be China’s neighboring country as it can then become a close economic ally, and also the chosen country has to be large in size as China can use it to develop strategic partnership to fulfill its economic goals. However, Ukraine does not fall under any of the categories and so it fulfills a third category which is also another category that is considered by China. Ukraine shows a great potential for economic development, which is important for China as it needs to establish strong economic ties with the country in order to get benefitted in other areas. Moreover, China is also able to encase the history of friendly relationship that it shares with Ukraine, and also Ukraine’s strong geographical position enables China to engage in regional cooperation. Finally, China looks for opportunities of cooperation as this can enhance the strategic relationship between two countries and Ukraine serves such opportunities.


Author(s):  
Won L. Kidane

Unencumbered by a history of an intrinsically hierarchical relationship, contemporary China–Africa economic ties appear to have the benefit of being on balance politically horizontal, economically reciprocal, and systemically transactional. A corpus of credible evidence now demonstrates that overall the economic ties of the last couple of decades in the areas of trade, investment, and other types of commercial relations have been remarkably successful. The trajectories also appear optimistic. Beginning from ancient times, political boundaries notwithstanding, commercial relations have always been ordered by law. The existing post-colonial modern world order is, however, largely formalistic and moderately harmonized. It expects formal rules and institutions for the ordering of economic affairs of the scale and complexity represented by China’s contemporary relations with Africa. This chapter identifies and critically appraises China–Africa’s use of agreements to order their economic relations, and the mechanisms of dispute settlement that these agreements envision.


2021 ◽  
Vol 4 (10) ◽  
pp. 67-73
Author(s):  
Sardor N. Kenzhaev ◽  

This article discusses trade relations with China during the reign of Amir Temur, a blow to the northern trade route bypassing the people of the Chigatay ulus and the wider participation of southern cities in world trade and economic relations between the state of Amir Temur and the Chinese (Minsk) dynasty, relations were carried out in mainly through East Turkestan, the trade routes passing through this region and the characteristics of the roads were analyzed. Also, a comparative analysis of historical literature data highlights the main trade products related to the value of silk, tea, porcelain in the state of Amir Temur's horses in China


Author(s):  
Марина Шестакова ◽  
Marina Shestakova

The article deals with the problems of improving the legislation governing foreign trade relations between business entities of member countries of the Eurasian Economic Union (EAEU). It is noted that close economic interaction between states in the post-Soviet space is a prerequisite for the successful development of production and scientific and technological potential of these countries. Formed in 2014 the Eurasian Economic Union is a new integration association characterized by a deep degree of international integration which implies among others the expansion of foreign trade cooperation of its member countries. The successful solution of the tasks depends largely on the legal groundwork for relations within the Union. The author suggests developing local act of unification — the international treaty governing foreign trade relations between the economic entities in the domestic market of the EAEU using the international experience of creating a uniform legal regulation of the international sale of goods as an example. It is noted that the adoption of the act will create a uniform legal regime and equal guarantees for all participants of the economic relations.


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