scholarly journals Agrifood export diversification of Belarus in terms of free trade agreements between EAEU and third countries

Author(s):  
L. N. Baihot ◽  
V. S. Akhramovich ◽  
D. S. Hlushakova

The modern development of foreign trade of agricultural products and foodstuffs in the Republic of Belarus is characterized by an intensive increase in export potential, which requires constant search and development of new promising sales markets. For Belarus, participation in regional trade and economic integration associations (free trade zone with participation of the Eurasian Economic Union (EAEU)) is considered as one of the directions for creating favorable conditions for exporters to access the markets of partner countries. Implementation of export potential of the member states of the integration association is the subject of negotiations during preparation of agreements and requires searching the balance of concessions between the parties concerned. Therefore, in terms of trade of highly sensitive to import agricultural and processing industry products, a reasoned justification is required for requesting potential partners to ease access regimes for a particular product, given the need to provide reciprocal concessions. In this regard, we have developed a technique for assessing possibilities of developing exports of agricultural products of Belarus when signing agreements on free trade zones between the Eurasian Economic Union and third countries, we also tested the presented technique by the example of such countries as Egypt, Iran, Israel, Indonesia and India as the most likely partners to conclude free trade agreements with the Eurasian Economic Union. Based on a comprehensive analysis of the competitive environment at potential sales markets and an assessment of competitiveness of Belarusian export products, as well as study of measures of foreign trade policy (customs tariff and non-tariff barriers), the most appropriate export commodity groups were identified.

2021 ◽  
Vol 4 (5) ◽  
pp. 139-151
Author(s):  
K. I. ZHADAN ◽  

The article examines an international legal framework of the dispute resolution under free trade agree-ments. The existing mechanisms for resolving trade disputes are analyzed and their classification is given. The article demonstrates an evolutionary change of the approach of States to the formulation of provisions on dispute settlement in international trade treaties. Special attention is paid to the systems of dispute resolution under free trade agreements to which the Eurasian Economic Union is a party. The free trade agreements of the Eurasian Economic Union and its member States with the Socialist Republic of Vietnam (2015), the Islamic Republic of Iran (2018), the Republic of Singapore (2019) and the Republic of Serbia (2019) are compared with respect to the dispute resolution mechanisms. The article focuses on such institutional aspects as the method of appointing arbitrators, the scope of interstate disputes and the competition of dispute resolution platforms. The effectiveness of the dispute resolution systems of the World Trade Organization and special-ized mechanisms under the free trade agreements of the Eurasian Economic Union and its member States is evaluated. The negative and positive aspects of the existing mechanisms under the free trade agreements of the Eurasian Economic Union and its member States are highlighted, and the ways of their development are proposed.


Skola biznisa ◽  
2020 ◽  
pp. 86-111
Author(s):  
Milica Simić ◽  
Biljana Stankov

Modern international economic relations, among other things, are characterized by establishing bilateral and multilateral cooperation between countries in order to liberalize trade relations. The implementation of reached free trade agreements affects economic trends in the signatory countries, the intensification of their foreign trade as wll as the increase in the attractiveness of countries as investment destinations. From 2000 onwards, Serbia has signed several free trade agreements with European countries and the United States. Ten years ago, a free trade agreement was signed with the Republic of Kazakhstan in order to encourage the development of mutual trade and economic relations, accelerate economic development, improve living and working conditions, increase employment and establish fair competition between economic entities from Serbia and Kazakhstan. The subject of the mentioned trade relations are also agri-food products, whose production in Serbia is supported by an excellent raw material base, and has always been a part of national tradition and culture. The research subject of this paper is foreign trade of agricultural products between Serbia and Kazakhstan with regard to free trade agrrements. The research aim is to determine the differences in the movement of exports and imports between the mentioned countries in the period before and after the signing of the free trade agreement.


Subject Shifts in Russian foreign trade. Significance The dollar value of foreign trade rose last year as a result of strengthening global oil prices. Trade is shifting gradually to non-European, non-US locations, mainly in Asia and above all China. For imports, this trend is particularly marked for sanctioned items such as hi-tech electronics and for foodstuffs where Moscow has banned Western imports. Impacts The trade shift towards Asia should offer opportunities to pursue the government policy of 'de-dollarisation'. The dollar cannot be easily abandoned because of its importance to the oil trade. Economic relationships, new and old, will form a basis for Russian political engagement. Russia will promote free trade agreements between the Eurasian Economic Union and rapidly growing countries such as China and Vietnam.


2020 ◽  
Vol 9 (3) ◽  
pp. 87-99
Author(s):  
Nabi Ziyadullayev ◽  
◽  
Ulugbek Ziyadullayev ◽  

The article reveals the features of the international trade, economic and integration priorities of the Republic of Uzbekistan. The conceptual approaches to joining the WTO, diversification of the geography and structure of foreign trade, as well as the expansion of foreign economic cooperation with world and regional powers, the CIS countries and Central Asia are substantiated. Particular attention is paid to risks and building vectors for effective interaction with the Eurasian Economic Union (EAEU), as well as mitigating the effects of the coronavirus pandemic on the national economy.


Author(s):  
Maria Lagutina

One of the trends in the development of modern trade relations is the increase in the number of concluded preferential trade agreements (PTA), which are considered to be a tool for reducing tariffs and, as a consequence, reducing the costs of entering the domestic market of the partner country. Although the Eurasian Economic Union (EAEU) has made only the first steps on the way towards its development. The EAEU has already managed to create a free trade zone with Vietnam, some agreements have been signed with Iran and China. Each of these agreements has its own specifics. The purpose of this chapter is to identify the economic feasibility and political significance of these preferential trade agreements for the countries of the EAEU and their external partners, as well as to determine the potential expansion of the network of preferential trade agreements of the EAEU.


2020 ◽  
Vol 176 ◽  
pp. 05002
Author(s):  
Dmitry Morkovkin ◽  
Iryna Hutarava ◽  
Elizaveta Ogloblina ◽  
Arthur Gibadullin ◽  
Svetlana Kharchenko

The study is devoted to assessing the innovative potential of agriculture of the member states of the Eurasian Economic Union. As part of the work, it was revealed that the Member States of the Union were united in order to ensure sustainable development in the current and strategic perspective. The analyzed agricultural indicators led to the conclusion that the Russian Federation is the absolute leader in terms of gross output and distribution of agricultural products, the Republic of Kazakhstan occupies the second place, and the Republic of Belarus in third place. At the same time, the specific indicator reflecting the collection and production of agricultural products per capita, which indicates the innovative development of agriculture, was analyzed in the work, as a result, it was revealed that the Russian Federation ranks last in terms of certain indicators. In this connection, mechanisms were proposed in the work aimed at increasing the innovative development of agriculture in the member states of the Eurasian Economic Union.


2021 ◽  
Vol 7 (2) ◽  
pp. 83-93
Author(s):  
Milica Simić ◽  
Antoaneta Vassileva ◽  
Anđelka Aničić

Exchange of goods and services is the most important domain of economic cooperation between the Republic of Serbia with the world and is crucial for faster growth of gross domestic product (and thus expected economic growth rates and faster social development and rising living standards) in the coming period. Due to this, paper analyses the degree of involvement of the Republic of Serbia in total world exports, its most important foreign trade partners, the degree of openness of the economy and the share of exports in gross domestic product, analyzing the period from 2008 to 2017. The aim of this paper is to study specific relations between the Republic of Serbia and its most important foreign trade partners and their interdependence with the integration processes through multilateral and bilateral cooperation with the European Union, Eurasian Economic Union, World Trade Organization and Central European Free Trade Agreement. Based on the updated statistical research and analysis of the content of the basic determinants of bilateral agreements, recommendations were given for the future development of integration processes within the European Union and the Eurasian Economic Union.


Sign in / Sign up

Export Citation Format

Share Document