scholarly journals Dealing with the Barriers in International Trade in Vietnam Today

2021 ◽  
Vol 06 (10) ◽  
Author(s):  
Hoang Anh Thu, MA. ◽  
Keyword(s):  
International Trade ◽  
Industrial Revolution ◽  
Business Community ◽  
Trade Barriers ◽  
Global Integration ◽  
Trade Disputes ◽  
The Us ◽  
Partnership Agreement ◽  
Trade And Investment ◽  
High Attraction

It’s been considered to be a tough time for the domestic business community in recent years due to the change in the Trans-Pacific Partnership Agreement, the outbreak of anti-globalization trend, the US interest rate hike, and the upcoming fourth industrial revolution. Those factors can lead to the reversal of international trade and investment, highly affecting young economies of high attraction, which, as those in Vietnam, consider exports and foreign investment as growth drivers. As the matter stands, a large number of Vietnamese enterprises have been suffering from unfair trade disputes and anti-dumping lawsuits on the way to global integration. That the enterprises lack considerate understanding of commercial legality and the spirit of solidarity to cope with trade barriers leads to such expense. Therefore, the author wishes to evaluate the ability of Vietnamese businesses to deal with the international trade barriers; and thereby make recommendations which could help those enterprises effectively respond to such barriers under the circumstance of global integration.

scholarly journals The Transatlantic Partnership Agreement: an American perspective

2017 ◽  
Vol 19 (4) ◽  
pp. 659-682 ◽  
Author(s):  
Claude Barfield
Keyword(s):  
Presidential Elections ◽  
Active Role ◽  
Business Community ◽  
The Political ◽  
American Perspective ◽  
Transatlantic Trade ◽  
Data Flows ◽  
Partnership Agreement ◽  
Political Spectrum ◽  
Trade And Investment

AbstractThis paper discusses the internal dynamics of American trade policy making in the context of the Transatlantic Trade and Investment Partnership (TTIP) negotiations. The author describes the active role interest groups, the U.S. business community, and representatives on both sides of the political spectrum have played in the passing of Transatlantic Partnership Agreement (TPA), the TPP negotiations, and currently the TTIP debate. Lastly, the author lays out the challenges TTIP will continue to face in light of opposition to specific TPP provisions, trans-atlantic disagreement over ISDS and data flows, and the recent presidential elections.

SWOT Analysis in US-China Trade War

2019 ◽  
pp. 31-39
Author(s):  
Pidvysotskyi Yan
Keyword(s):  
International Trade ◽  
Swot Analysis ◽  
Weak Links ◽  
Trade Barriers ◽  
China Trade ◽  
World Markets ◽  
The Us ◽  
The World ◽  
Trade War ◽  
Economic Capacity

The purpose of the article is to analyze the strengths, weaknesses, opportunities and threats of the US and China, and to identify the factors that will helpwin or lose a particular party to the conflict in the future. The methodologyof thestudy is to use a set of methods: dialectical, statistical, historical, comparative.The scientific novelty of the work is to determine, on the basis of SWOT, thewinning factors in the fight for the world markets. Conclusions. Both the US andChina have strengths in international trade that allow them to develop withoutharming each other. At the same time, there are weak links that opponents try touse in trade events, such as dependence on certain products or internal trade barriers. Weakening economic capacity is considered a threat, and each country triesto protect itself through customs or tariff restrictions. Prolonged confrontationbetween countries can lead to another recession or crisis, therefore countries mustseek compromise.

scholarly journals Evaluation of the impact of transatlantic trade and investment partnership agreement between EU and USA on the export of Lithuanian agricultural and food products

2014 ◽  
Vol 36 (4) ◽  
pp. 784-793
Author(s):  
Jolanta Droždz ◽  
Birutė Stankaitytė
Keyword(s):  
United States ◽  
Swot Analysis ◽  
Meat Products ◽  
The United States ◽  
Moderate Increase ◽  
Transatlantic Trade ◽  
The Us ◽  
Partnership Agreement ◽  
The Impact ◽  
Trade And Investment

EU negotiations with the US on Transatlantic Trade and Investment Partnership agreement is a priority issue in EU Trade Policy. Economic benefit expected as well as many doubts and concerns arise about the content of the agreement. TTIP agreement will have a direct impact on Lithuania, as an EU Member State. It is important to investigate the Lithuanian agricultural and food exporters’ plans and expectations of the opening of the US market, to represent properly their interests and to make suggestions on how to overcome emerging threats. The main goal of the article was to prepare recommendations to Lithuanian agricultural and food exporters for market development. Article was based on expert evaluation and SWOT analysis. This article deals with the results of the assessment. The qualitative study showed that there is expected a strong breakthrough of gluten wheat, meat and meat products, and bakery products’ exports from Lithuania to the United States. A slightly smaller but no less important growth is projected for dairy products’ exports. Among the exports from Lithuania to the United States a moderate increase is expected for ice-cream, crab sticks and fish products, chocolate and beer exports, mainly due to the already available experience in the American market.

scholarly journals Role of the WTO in Regulating World Trade in Medicinal Products and Equipment during the COVID-19 Pandemic

2020 ◽  
Vol 76 (1) ◽  
pp. 146-152
Author(s):  
V. I. Teremetskyi ◽  
Y. V. Duliba
Keyword(s):  
International Trade ◽  
Medical Equipment ◽  
Global Integration ◽  
Medicinal Products ◽  
Trade Restrictions ◽  
Trade Disputes ◽  
Trade Relations ◽  
The Impact ◽  
Wto Agreements

Peculiarities of international trade in medicinal products and equipment during the COVID-19 pandemic are considered. The purpose of the article is theoretical and methodological substantiation of the role of the WTO agreements within international trade in medicinal products and equipment during the COVID-19 pandemic, development of important priorities of international trade policy in this area. The methodological basis of the article is a set of general and special research methods. In particular, the shortcomings of international trade in medicinal products and equipment in 2020 were identified by using the logical and semantic method. The export of medical equipment and devices in 2020 is analyzed and the main problems that exist in this area are outlined. The WTO agreements regulating international trade in medicinal products and equipment are analyzed. It is stated that the WTO is an effective regulator of international trade and should take all measures to further provision of stable functioning of the system of international trade relations, liberalization of international trade, ensuring transparency of trade procedures and the abolition of trade restrictions. It is concluded that the COVID-19 pandemic stressed the strengthening of cooperation and efforts to reduce barriers to international trade. Global integration of all activities and international cooperation are important to overcome the impact of the COVID-19 virus on the health and economic. It is emphasized that aspects of the settlement of trade disputes related to the export of medical equipment and devices during the COVID-19 pandemic can be considered as a perspective area of further research.

Intellectual Property and Mega-Regional Trade Agreements

2017 ◽  
Author(s):  
Thomas Cottier
Keyword(s):  
Intellectual Property ◽  
Dispute Settlement ◽  
Trade Agreements ◽  
Cooperation Agreement ◽  
Transatlantic Trade ◽  
Wto Dispute Settlement ◽  
Innovation And Technology ◽  
Recent Developments ◽  
Partnership Agreement ◽  
Trade And Investment

The chapter assesses recent developments in intellectual property protection in the EU–Canadian Comprehensive Economic Cooperation Agreement and the Trans-Pacific Partnership Agreement, and extrapolates results of these negotiations to the pending EU–US negotiations on the Transatlantic Trade and Investment Partnership (TTIP). It discusses the likely implications of ever-increasing protection of IPRs on international trade, innovation, and technology transfer. Given the complex interaction of TRIPs and WIPO Agreements with the newly emerging agreements, the chapter finally examines the structure and operation of dispute settlement and how existing fragmentation could be overcome. Intellectual property, it is submitted, offers an important case to extend the jurisdiction of WTO dispute settlement to preferential trade agreements.

scholarly journals Impact of alternative regional trade arrangements on the Ethiopian economy

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Habtamu Shiferaw Amogne ◽  
Taiji Hagiwara
Keyword(s):  
Transition Period ◽  
Terms Of Trade ◽  
Endowment Effect ◽  
Welfare Loss ◽  
Customs Union ◽  
Regional Trade ◽  
Partnership Agreement ◽  
Saving Effect ◽  
The Impact ◽  
Trade And Investment

AbstractThe Common Market for Eastern and Southern Africa (COMESA) is a Free Trade Area (FTA) regional trade agreement in Africa. Currently, Ethiopia is negotiating to join COMESA FTA. This study assesses the impact of three regional trade arrangements, COMESA FTA, customs unions, and the European Partnership Agreement (EPA) on the economy of Ethiopia. The analysis is based on a static Global Trade Analysis Project (GTAP) model, version 9 database. Unlike previous studies, the customs union scenarios are designed at the detailed Harmonized System (HS) level. COMESA FTA (scenario 1) with standard GTAP model results in a welfare loss for Ethiopia due to negative terms of trade and investment-saving effect, but with unemployment closure (scenario 2); Ethiopia enjoys a welfare gain mainly due to endowment effect. In scenario 3 (COMESA customs union) and scenario 4 (European Partnership Agreement), Ethiopia loses due to negative terms of trade and investment-saving effect. There is a large increase in demand for unskilled labor force in Ethiopia by around US$23 million, US$112 million, and US$43 million for scenario 2, 3, and 4 respectively. Moreover, there is a positive output effect for oilseeds, leather, and basic metals across all scenarios. The world, as a whole, enjoys welfare gains with COMESA FTA (scenario 1 and 2). However, with scenario 3 and 4, there is an overall welfare loss. There is no strong reason for Ethiopia to move to the customs union, and the EPA in the short run. Therefore, a transition period is necessary, but it is recommended for Ethiopia to join COMESA FTA.

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