Multilateral Agreements on Trade in Goods

2021 ◽  
pp. 169-192
Author(s):  
Author(s):  
E. Dabagyan

The article deals with a number of problems associated with the growing presence of China in the Latin American continent. The author emphasizes that mutual interest is based on economic factors. In particular, the rapidly developing Chinese economy needs more raw materials and agricultural products, which are available in abundance in Latin America. At the same time, the countries of the continent are interested in freeing from orientation solely to the United States and in a diversification of external relations. The present bilateral and multilateral agreements and treaties between China and Latin America showed a strengthening of trade and economic cooperation. But Beijing's strategy is based on a model of exchange of raw materials to finished products. This causes some resentment on the part of Latin American experts and entrepreneurs.


2012 ◽  
Vol 1 (1) ◽  
pp. 8-14 ◽  
Author(s):  
Rolf Weber

Traditional legal doctrine calls for hard law to regulate markets. Nevertheless, in financial markets, soft law has a long tradition, not at least due to the lack of multilateral agreements in this field. On the one hand, the recent financial crisis has shown that soft law does not suffice to avoid detrimental developments; on the other hand, a straight call for hard law would not be able to manage the recognized regulatory weaknesses. Therefore, emphasis should be put on the possibilities of combining hard law and soft law; specific areas allowing realizing such kind of “combination” are organizational issues, transparency requirements, and dispute settlement mechanisms.


Author(s):  
Danial Saari ◽  
Aigul Adibayeva

New trends in market relations require new methods to solve issues towards TNCs and other actors within multilateral diplomacy. The use of economic diplomacy and responsible business is essential for TNCs to achieve the sustainability in global trading system. It is important due to frequent political changes in the modern world, to which TNCs are highly susceptible, and therefore, must be reliably protected by revised international law, clearly enshrined into relevant multilateral agreements. As the legal status of TNCs is somehow blurred, the cases of unstable TNCs performance due to political atrocities may occur. The latter leads to disruptions in their work making them to obey states' interests and further concern of the issue from states and global business entities. The disruption of both agent interests creates an overall economic instability and negatively affects the process of sustainability achieving. The work summarizes some problems TNCs face due to confrontation between states, and the question of the importance of economic diplomacy use and legal support for TNCs.


2020 ◽  
Author(s):  
Michael J. Burgass ◽  
Cecilia Larrosa ◽  
Derek P. Tittensor ◽  
William N. S. Arlidge ◽  
Hernan Caceres ◽  
...  

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