scholarly journals Price position of Ukrainian wheat on the world market

2020 ◽  
Vol 11 (4) ◽  
Author(s):  
L. Pankratova ◽  
◽  
S. Hrabina ◽  
Keyword(s):  
European Union ◽  
Exchange Rate ◽  
Black Sea ◽  
World Trade ◽  
World Market ◽  
The Black Sea ◽  
Target Market ◽  
Pricing Strategies ◽  
The European Union ◽  
The World

The arƟcle analyzes price posiƟons of Ukrainian wheat on the world market, detects main compeƟtors and its target market. Also, tasks for cereal market operators in connecƟon with an increase of Ukrainian share in world trade due to surge in Ukrainian wheat sales more than 3 Ɵmes for the last 7 years is considered in the arƟcle. The Ukrainian share in wheat sales of the Black Sea basin countries was 23,1%, Russian share – 48,4%, Romania – 10,1% in 2019/2020 markeƟng year. The main compeƟtor of Ukraine among the Black Sea basin countries is Russia that has increased its wheat exports more than 3 Ɵmes and has enough poliƟcal and economic moƟvaƟons to use predatory pricing strategies. Other worthy compeƟtors are France and Romania. They have strong market posiƟons because of the European Union protecƟonist policy. The rise in stock for crops in 2020 caused price escalaƟon on the world market. We should use internal and external methods such as macroeconomic stabilizaƟon, in parƟcular exchange rate, opƟmizing technology for producƟon and storing to prevent losses, adherence to the principles of business ethics in the execuƟon of contracts, improvement of the remaining infrastructure, logisƟcs and informaƟon-based promoƟon to provide raising the image of Ukrainian products on the world market. Today the agricultural businesses should make informed decisions regarding further export of Ukrainian wheat, realisƟcally assess the capaciƟes of its sales considering world market demands and own economic acƟvity results.

Lawful Remedy or Illegal Response? Resolving the Issue of Foreign Subsidization Under WTO Law

2021 ◽  
pp. 1-24
Author(s):  
Victor Crochet ◽  
Marcus Gustafsson
Keyword(s):  
European Union ◽  
World Trade Organization ◽  
World Trade ◽  
The European Union ◽  
Fair Competition ◽  
Trade Law ◽  
International Trade Law ◽  
The World ◽  
Shed Light ◽  
Do So

Abstract Discontentment is growing such that governments, and notably that of China, are increasingly providing subsidies to companies outside their jurisdiction, ‘buying their way’ into other countries’ markets and undermining fair competition therein as they do so. In response, the European Union recently published a proposal to tackle such foreign subsidization in its own market. This article asks whether foreign subsidies can instead be addressed under the existing rules of the World Trade Organization, and, if not, whether those rules allow States to take matters into their own hands and act unilaterally. The authors shed light on these issues and provide preliminary guidance on how to design a response to foreign subsidization which is consistent with international trade law.

scholarly journals Wpływ regulacji rynku na funkcjonowanie sektora cukrowniczego w Polsce

2014 ◽  
pp. 127-141 ◽  
Author(s):  
Michał Pietrzak ◽  
Marcin Mucha
Keyword(s):  
European Union ◽  
European Commission ◽  
Sugar Industry ◽  
Free Market ◽  
World Market ◽  
The European Union ◽  
Market Conditions ◽  
The World ◽  
Sugar Market ◽  
The Eu

In the period 1990–2013 sugar industry in Poland faced numerous legal transformations, shifting from nearly free-market conditions into a strongly regulated sector. Changes of the sugar industry regulations had a significant impact on the structure of the sugar market, companies’ actions and, as a result, on their performance. Accession to the European Union and the reform of the sugar regime conducted from 2006 to 2010 on the initiative of the European Commission involved deep restructuring and modernization of the factories, which caused growth of their productivity. However, prices of sugar in the EU and in Poland are much higher than prices on the world market.

scholarly journals The WTO, Self-Determination, and Multi-Jurisdictional Sovereignty

AJIL Unbound ◽  
2014 ◽  
Vol 108 ◽  
pp. 287-294
Author(s):  
Michael Fakhri
Keyword(s):  
European Union ◽  
World Trade ◽  
Indigenous Communities ◽  
Self Determination ◽  
The European Union ◽  
Most Favored Nation ◽  
Appellate Body ◽  
The World ◽  
Wto Appellate Body ◽  
The Eu

In EC—Seal Products, the World Trade Organization (WTO) Appellate Body (AB) held that the European Union (EU) Seal Regime banning the importation of seal products could be justified under General Agreement on Tariffs and Trade (GATT) Article XX(a) as a measure necessary toprotect public morals. It also held that the indigenous communities (IC) exception under the EU Seal Regime is inconsistent with GATT Article I:1 (Most-Favored Nation) because it discriminated against commercial fishers in Canada and Norway and was applied in a manner that favored the mostly Inuit seal hunters of Greenland, and thus ran afoul of Article XX’s chapeau. Since the entire EU Seal Regime is not likely to be done away with, the most important question for Inuit communities is: how will the EU change the discriminatory aspects of the Seal Regime and IC exception? The EU faces an October deadlineto pass its new legislation and this remains a very live issue.

scholarly journals SHELTERING GOVERNMENT SUPPORT TO ‘GREEN’ ELECTRICITY: THE EUROPEAN UNION AND THE WORLD TRADE ORGANIZATION

2018 ◽  
Vol 67 (1) ◽  
pp. 129-165 ◽  
Author(s):  
Gracia Marín Durán
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
World Trade Organization ◽  
World Trade ◽  
Focal Point ◽  
Government Support ◽  
The European Union ◽  
Policy Space ◽  
The World ◽  
Institutional Contexts

AbstractSince the Canada – Renewable Energy (2013) dispute at the World Trade Organization (WTO), the WTO Agreement on Subsidies and Countervailing Measures (SCM) has been the focal point of academic debate on the trade-environment interface, with a growing consensus that WTO subsidy rules need to be revisited with a view to securing ‘policy space’ for government support for renewable energy. This article explores whether, as suggested by some scholars, the European Union (EU)’s system of justifications for renewable energy aid could serve as a source of inspiration for the WTO. While this proposition may appear attractive at first sight, it is hardly conceivable, or even desirable, that the EU's approach to sheltering government support for renewable energy could be transposed to the WTO. This is because the two systems of subsidy control are fundamentally different in both substantive and procedural terms and, importantly, these differences reflect distinct objectives and political/institutional contexts. Nonetheless, this comparative analysis sheds light on where the key challenges lie for the WTO in ensuring that international trade rules and climate change mitigation objectives are mutually supportive. It is argued that the case for reviewing the SCM Agreement cannot be made by simply forging parallels with the EU's regulatory model, but needs to be carefully construed on the basis of a proper understanding of whether and how green policy space is actually constrained under the current WTO subsidy and trade remedy rules. However, this requires better information on existing WTO members’ practice in relation to renewable energy subsidies, as well as on their environmental effectiveness and possible trade-distortive impact. In this sense, the most valuable lesson that the WTO can draw from the EU's regulatory experience is the imperative of improving the transparency and knowledge-enhancing elements of its subsidy control system.

scholarly journals Post-Brexit Power of European Union From the World Trade Network Analysis

2021 ◽  
pp. 39-47
Author(s):  
Justin Loye ◽  
Katia Jaffrès-Runser ◽  
Dima L. Shepelyansky
Keyword(s):  
European Union ◽  
World Trade ◽  
Dominant Role ◽  
Matrix Analysis ◽  
The European Union ◽  
Trade Network ◽  
Google Matrix ◽  
The World ◽  
Leading Position

We develop the Google matrix analysis of the multiproduct world trade network obtained from the UN COMTRADE database in recent years. The comparison is done between this new approach and the usual Import-Export description of this world trade network. The Google matrix analysis takes into account the multiplicity of trade transactions thus highlighting in a better way the world influence of specific countries and products. It shows that after Brexit, the European Union of 27 countries has the leading position in the world trade network ranking, being ahead of USA and China. Our approach determines also a sensitivity of trade country balance to specific products showing the dominant role of machinery and mineral fuels in multiproduct exchanges. It also underlines the growing influence of Asian countries.

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