scholarly journals Russia and the USA: An Axplanation of Necessity of Sanctions as Participants of the World Trade Organization

Author(s):  
Ilnar M. Nurmuhametov ◽  
Svetlana G. Kreneva ◽  
Elena N. Halturina ◽  
Tamara P. Larionova ◽  
Mikhail N. Shvetsov
Author(s):  
Ahu Coşkun Özer

The share of developing countries in the world trade is increasing every day. According to an assessment made by the World Trade Organization (WTO), a share of developing countries in the world export is expected to rise by 8.5% in the years ahead. Turkey's share in the world trade is around 1%, and it is expected to increase up to 1.5% by 2023.Turkey is ranked 22nd in the world export and 15th in the world import of goods. Turkey's current problems are account and trade deficits. New markets will potentially offer an opportunity to overcome both account and trade deficits. The aim of this chapter is to define new export markets for Turkey. According to the survey results, Turkey may potentially increase its export to the USA. Apart from the USA, Germany and Russia will continue to serve as export markets for Turkey in the years ahead. Therefore, Turkish companies will maintain their existing trade relations with these countries.


2019 ◽  
Vol 22 (4) ◽  
pp. 557-578
Author(s):  
Chad P Bown ◽  
Jennifer A Hillman

Abstract The USA, European Union, and Japan have begun a trilateral process to confront the Chinese economic model, including its use of industrial subsidies and deployment of state-owned enterprises. This paper seeks to identify the main areas of tension and to assess the legal-economic challenges to constructing new rules to address the underlying conflict. It begins by providing a brief history of subsidy disciplines in the General Agreement on Tariffs and Trade and World Trade Organization predating any concerns introduced by China. It then describes contemporary economic problems with China’s approach to subsidies, their impact, and the apparent ineffectiveness of the World Trade Organization’s Agreement on Subsidies and Countervailing Measures to address them. Finally, it calls for increased efforts to measure and pinpoint the source of the problems—in a manner analogous to how the Organization for Economic Cooperation and Development took on agricultural subsidies in the 1980s—before providing a legal-economic assessment of proposals for reforms to notifications, evidence, remedies, enforcement, and the definition of a subsidy.


2012 ◽  
pp. 132-149 ◽  
Author(s):  
V. Uzun

The article deals with the features of the Russian policy of agriculture support in comparison with the EU and the US policies. Comparative analysis is held considering the scales and levels of collective agriculture support, sources of supporting means, levels and mechanisms of support of agricultural production manufacturers, its consumers, agrarian infrastructure establishments, manufacturers and consumers of each of the principal types of agriculture production. The author makes an attempt to estimate the consequences of Russia’s accession to the World Trade Organization based on a hypothesis that this will result in unification of the manufacturers and consumers’ protection levels in Russia with the countries that have long been WTO members.


2010 ◽  
Vol 27 (4) ◽  
pp. 23-44
Author(s):  
Ruzita Mohd. Amin

The World Trade Organization (WTO), established on 1 January 1995 as a successor to the General Agreement on Tariffs and Trade (GATT), has played an important role in promoting global free trade. The implementation of its agreements, however, has not been smooth and easy. In fact this has been particularly difficult for developing countries, since they are expected to be on a level playing field with the developed countries. After more than a decade of existence, it is worth looking at the WTO’s impact on developing countries, particularly Muslim countries. This paper focuses mainly on the performance of merchandise trade of Muslim countries after they joined the WTO. I first analyze their participation in world merchandise trade and highlight their trade characteristics in general. This is then followed by a short discussion on the implications of WTO agreements on Muslim countries and some recommendations on how to face this challenge.


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