scholarly journals DEVELOPMENT OF GEORGIA'S TRADE RELATIONS WITH UKRAINE

Economics ◽  
2021 ◽  
Vol 104 (3-5) ◽  
pp. 192-200
Author(s):  
GRIGOL GLUNCHADZE GRIGOL GLUNCHADZE
Keyword(s):  
Foreign Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Diplomatic Relations ◽  
Total Trade ◽  
Trade Relations ◽  
Trade Turnover ◽  
Trading Partners ◽  
Characteristic Features ◽  
Economic Ties

The title of the article - "Development of Georgia's Trade Relations with Ukraine" shows Georgia's trade relations with Ukraine. According to the information presented in the article, which is spread over the years 2016-2020, in this 5-year period, the total trade turnover and export-import are increasing, which does not apply to the last 2020. This year, all the above indicators have been reduced - turnover by 9%, exports - by 13%, imports - by 6%. The author connects this situation with the cooling of diplomatic relations between the two countries. Because of Saakashvili's personality and emphasizes that this situation has improved today. Georgia has a special close economic and economic ties with Ukraine among the countries of the world. This applies not only to the export-import of goods, but also to tourist traffic, investment, employment, etc. Sh. This relationship was established in 1995 with the conclusion of the Free Trade Agreement [1]. One of the characteristic features of foreign trade between Ukraine and Georgia is the fact that Georgia's share in the total foreign trade of Ukrainian goods is insignificant (about 0.5%), while Ukraine's share in Georgia's total trade turnover reaches 5.1%. According to the results of January-September 2020, among all Georgia's trading partners, Ukraine ranks 7th in terms of trade turnover, 5th in terms of exports of goods and 8th in terms of imports of goods. Georgia-Ukraine turnover in 2020 compared to 2019 has decreased - by 9%, exports - by 13%, imports - by 6% (Table 1). Under these conditions, there is an increase in some goods, in particular, an increase in imports:  Beef - by 43%;  Copton – by 17%;  Milk and cream – by 29%;  Flat rolled- by 10%. As for exports from Georgia to Ukraine, the export of ferroalloys (17 times) and the export of scrap (6 times) have increased. Key words: Ukraine, Georgia; Trade relations; Export-import.

scholarly journals Extracting Trading Locus: Where we are in Indo-Nepal Trade?

2020 ◽  
Vol 17 ◽  
pp. 41-53
Author(s):  
Khom Raj Kharel ◽  
Dhan Raj Chalise
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Significant Contribution ◽  
Trade Agreement ◽  
Total Trade ◽  
Trade Relations ◽  
Analytical Research ◽  
Ancient Times ◽  
Mutual Relations ◽  
Import Trade

Nepal and India have had trade relations since time immemorial. Nepal was known as an exporting nation in the ancient times. Before the trade agreement between Nepal-Britain Treaty in1923, Nepal's trade with India was more than 95 percent. Despite various treaties and agreements between Nepal and India, Nepal's trade with India now accounts for around 65 percent of total trade. Despite the trade and mutual relations between Nepal and India, India has been treating Nepal on the basis of benefits. In different time periods, India has been creating problems in trade and transit, contrary to international norms and trade and transit treaties, under various pretexts. The objective of this paper is to review of Indo-Nepal trade and transit treaties and analyzing the present status. Descritptive and analytical research design is applied and simple statistical tools are used to analyze the growth and direction of foreign trade of Nepal. Linear regression model is applied to measure the total trade with India and total volume of foreign trade of Nepal. This study has found that there has been significant contribution of total trade with India to the total volume of foreign trade of Nepal. The import trade of Nepal with India is extremely high in comparison to export trade and total trade balance and trade balance with India has been increasing with a huge deficit.

Making Sense of U.S. Trade Policy: What Recent Negotiations Can Tell Us

2019 ◽  
Vol 113 ◽  
pp. 378-380
Author(s):  
Inu Manak
Keyword(s):  
Trade Policy ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Relations ◽  
Making Sense ◽  
The North ◽  
Trading Partners ◽  
The U.S

U.S. trade policy is not what it used to be. Since the U.S. withdrawal from the Trans-Pacific Partnership in January 2017, Indo-Pacific trade relations have been in constant flux. It is not clear where U.S. trade policy will end up, particularly with regard to its relationship with China. However, the conclusion of two renegotiations of previous U.S. trade agreements can tell us generally about the new U.S. approach and what this means for our trading partners. I will discuss developments from the renegotiation of the Korea-U.S. free trade agreement (KORUS) and the U.S.-Mexico-Canada Agreement (USMCA) as a replacement for the North American Free Trade Agreement (NAFTA).

Tariff-Based Disputes Continue to Characterize Trump Administration Trade Policies

2018 ◽  
Vol 112 (4) ◽  
pp. 751-759 ◽  
Keyword(s):  
United States ◽  
European Union ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Trade Policies ◽  
The European Union ◽  
Trade Relations ◽  
Trading Partners ◽  
Trump Administration

Over the summer of 2018, trade relations between the United States and many of its trading partners continued to be marked by tensions. The United States and China ratcheted up their use of tariffs against each other. The United States both received and initiated requests for consultation with various countries at the World Trade Organization (WTO) related to its earlier steel and aluminum tariffs and to tariffs imposed in response by other countries. President Trump has continued to pursue the possibility of further tariffs, including with respect to automobile and uranium imports. The United States also escalated trade tensions with Turkey through various measures, explicitly linking some of these measures to Turkey's detainment of an American pastor. Despite the broader theme of tensions, negotiations have proved productive between the United States and two of its major trading partners—the European Union and Mexico—paving a way for future settlements. With the European Union, the Trump administration has reached a tentative understanding and agreed not to impose new tariffs while the parties negotiate toward finalizing this understanding. As to Mexico, in late August 2018 the Trump administration announced that the two countries had reached agreement with respect to many issues underlying their ongoing North American Free Trade Agreement (NAFTA) negotiations.

scholarly journals Foreign trade in agricultural products between the Republic of Serbia and the Republic of Kazakhstan: A decade since the signing of the Free trade Agreement

Skola biznisa ◽  
2020 ◽  
pp. 86-111
Author(s):  
Milica Simić ◽  
Biljana Stankov
Keyword(s):  
Foreign Trade ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Agricultural Products ◽  
Economic Relations ◽  
Trade Relations ◽  
The Republic

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.

The Investment Provisions of the Canada—United States Free Trade Agreement: A Canadian Perspective

1990 ◽  
Vol 84 (2) ◽  
pp. 394-443 ◽  
Author(s):  
Jean Raby
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Good Deal ◽  
Trade Agreement ◽  
Ronald Reagan ◽  
The United States ◽  
The World ◽  
Trading Partners

This is a good deal, a good deal for Canada and a deal that is good for all Canadians. It is also a fair deal, which means that it brings benefits and progress to our partner, the United States of America. When both countries prosper, our democracies are strengthened and leadership has been provided to our trading partners around the world. I think this initiative represents enlightened leadership to the trading partners about what can be accomplished when we determine that we are going to strike down protectionism, move toward liberalized trade, and generate new prosperity for all our people.On January 2, 1988, President Ronald Reagan of the United States and Prime Minister Brian Mulroney of Canada signed the landmark comprehensive Free Trade Agreement (FTA) between the two countries that already enjoyed the largest bilateral trade relationship in the world. The FTA was subsequently ratified by the legislatures of both countries, if only after a bitterly fought election on the subject in Canada. On January 1, 1989, the FTA formally came into effect.

scholarly journals The ASEAN Free Trade Agreement and Vietnam’s Trade Efficiency

2017 ◽  
Vol 13 (4) ◽  
pp. 192 ◽  
Author(s):  
Hai Thi Hong Nguyen ◽  
Thang Ngoc Doan
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Volume ◽  
Large Space ◽  
Trading Partners ◽  
Efficiency Performance ◽  
Stochastic Gravity

This study employs a stochastic gravity model to estimate the efficiency performance of Vietnam’s trade with its main trading partners from 1995-2015. Trade efficiency is measured as the ratio of actual trade volume to the maximum likelihood. Moreover. it analyzes the effects of both natural and man-made trade barriers on trade efficiency. The empirical results suggest that the actual trade of Vietnam appears to be much smaller than a possible efficiency level and that there is large space for further progress. Export efficiency outweighs that of import. Vietnam’s ASEAN Free Trade Agreement membership has, in general, improved the trade efficiency, whereas tariffs and domestic devaluation have impaired it. Our findings lead to the recommendation that Vietnam should join more Free Trade Agreements and break down the man-made barriers.

scholarly journals The Formation of AFTA and Trade Diversion: Evidence from China’s Agricultural Exports

2016 ◽  
Vol 17 (1) ◽  
pp. 25-36
Author(s):  
Nguyen Khanh Doanh ◽  
Jeehoon Lee ◽  
Yoon Heo
Keyword(s):  
Panel Data ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
Trade Diversion ◽  
Trade Flows ◽  
Agricultural Products ◽  
Agricultural Exports ◽  
Trading Partners ◽  
Bilateral Trade Flows

This study analyzes the impacts of the formation of AFTA (ASEAN Free Trade Agreement) on China’s agricultural exports. The Hausman-Taylor analysis is applied to panel data collected from China and its 68 trading partners from 1993–2012. Our major findings areas follows. First, the discrimination in tariffs imposed by AFTA diverts trade in agricultural products from China toward AFTA’s member countries. Second, at the sectoral level, the trade diversion effects of AFTA’s formation on China’s exports are significant in the case of beverage and tobacco industries. AFTA and China need to focus more on diversifying and differentiating their farming products. To gain better access to AFTA’s market, more investment in research and development activities is recommended as a cure for Chinese farmers. Moreover, this study implies that more efforts in reducing tariff and non-tariff barriers to further liberalize trade between China and AFTA could enhance their bilateral trade flows.

A Study of India's Trade Relations with China in WTO Era

2014 ◽  
Vol 5 (1) ◽  
pp. 46-58 ◽  
Author(s):  
Surendar Singh ◽  
R. C. Mishra
Keyword(s):  
Foreign Trade ◽  
Global Economy ◽  
Final Section ◽  
Economic Structure ◽  
Major Change ◽  
Total Trade ◽  
Trade Relations ◽  
The World ◽  
India And China

China's joining of WTO in 2001 has completely changed its economic structure and its entry in WTO proved to be a landmark event in the global economy. As a result, China's trade relations with the world have improved significantly particularly with India. Both, India and China are the fastest growing economies in the world since they have grown at rate of 8% and 10% GDP respectively. The total trade between India and China was reached to $60 billion in 2010. However, the major change in the trade relations between India and China has come after China's joining of WTO in 2001. In the above background, this paper is divided into three parts. The first part of the paper examines the direction of foreign trade of China after becoming a member of WTO and, the second part analyzes India's trade relations with China (Pre and Post China's joining of WTO). The final section of the paper delineates the major constraints between India and China for improving trade relations.

Taiwan in 2009: Eroding Landslide

Asian Survey ◽  
2010 ◽  
Vol 50 (1) ◽  
pp. 65-75 ◽  
Author(s):  
Thomas B. Gold
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Mainland China ◽  
Trade Agreement ◽  
Typhoon Morakot ◽  
Nationalist Party ◽  
Economic Ties

After landslide victories in elections in 2008, the ruling Kuomintang (Nationalist Party) under Ma Ying-jeou promoted closer economic ties with the booming economy of mainland China, working toward a free trade agreement. The destruction in Taiwan wreaked by Typhoon Morakot in August exposed weaknesses and doubts about Ma's leadership.

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