scholarly journals Degree of liberalization in Serbian economy as a part of the accession process to the World Trade Organization

2020 ◽  
Vol 17 (3) ◽  
pp. 65-78
Author(s):  
Mihajlo Rabrenović ◽  
Dejan Popov ◽  
Milorad Stamenović
Keyword(s):  
World Trade Organization ◽  
Social Life ◽  
World Trade ◽  
Economic Liberalization ◽  
The European Union ◽  
The World ◽  
Accession Process ◽  
Policy Measures ◽  
The Republic ◽  
Positive Effect

The aim of this paper is to examine some of the current issues regarding the degree of liberalization in Serbian economy as a part of the accession process to the World Trade Organization. Serbia's membership of the World Trade Organization is prerequisite for closing Chapter 30 in the accession negotiations with the European Union. The membership of the World Trade Organization should have a highly positive effect on the economic development of the Republic of Serbia. Closing the negotiations with the World Trade Organization will, if accompanied by other relevant economic policy measures, result in a stronger national economy and its further economic liberalization. Within the liberalization process, it is necessary for the state to intervene by its measures, as necessary, in certain areas of economic and social life.

scholarly journals Serbia in EU and WTO negotiations

Revizor ◽  
2020 ◽  
Vol 23 (91-92) ◽  
pp. 49-55
Author(s):  
Sanja Jelisavac-Trošić
Keyword(s):  
European Union ◽  
Literature Review ◽  
World Trade Organization ◽  
World Trade ◽  
The European Union ◽  
The World ◽  
The Republic ◽  
The Eu

This paper deals with the Republic of Serbia's accession to the World Trade Organization (WTO) and the European Union (EU). Research is based on a literature review, understanding of current settings in accession, and synthesis of findings. Within the scope of the paper, there was presented genesis of both accession processes and current challenges. Results show that the Republic of Serbia has both interconnected and interdependent negotiations with the EU and WTO, which should be considered for further accession steps as we present within this paper.

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.

Accession of the Russian Federation to the World Trade Organization: A New Player Joins the Trade Game

2015 ◽  
Vol 40 (3-4) ◽  
pp. 321-365
Author(s):  
Kim Van der Borght
Keyword(s):  
World Trade Organization ◽  
Russian Federation ◽  
World Trade ◽  
Dual Process ◽  
Economic Sectors ◽  
Political Obligations ◽  
The World ◽  
Border Dispute ◽  
Accession Process ◽  
The Russian Federation

To date, no country has taken longer to join the World Trade Organization than the Russian Federation despite the fact that the ussr (of which the Russian Federation is the legal successor) participated in the drafting conference of the Charter to the International Trade Organization, i.e., the original source of the rules of the General Agreement on Tariffs and Trade and the later wto. While the ussr never joined the ito, Russia finally joined the wto in 2012, eighteen years after its first application had been made. The reasons for the lengthy accession process were partially economic, as the wto was established to remove trade impediments; however, the context also was highly politicized. The economic aspects of the wto accession process are the concessions made to existing members. These entail removing the cover offered to domestic producers by opening up to international competition. This process also has political aspects, as domestic lobbies representing economic sectors likely to suffer from an increasingly competitive international environment seek compensation. The politicization is facilitated by a custom contra legem in wto decision-making procedures that gives a de facto veto to existing members. Georgia used this to reassert its position on South Osetiia and Abkhaziia. China brought a border dispute into the process, and the us entangled the process in a broad-ranging debate linked to human rights. In joining the wto, a dual process of domestic and international negotiations results in the final package of commitments to which an acceding member needs to agree as it joins the wto. Part of our focus in this article will be on key economic and political obligations that the Russian Federation took upon itself by becoming a member of the wto.

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 ANALYSIS OF REGULATED PROCUREMENT PROCEDURES IN THE REPUBLIC OF KAZAKHSTAN FOR LOCAL CONTENT REQUIREMENTS

2021 ◽  
pp. 16-22
Author(s):  
Daulet YESMAGAMBETOV ◽  
Larisa KUSSAINOVA ◽  
Raylash TURCHEKENOVA
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Local Content ◽  
Government Organizations ◽  
Significant Volume ◽  
Eurasian Economic Union ◽  
Direct Support ◽  
The World ◽  
Economic Union ◽  
The Republic

In connection with membership in the World Trade Organization and the Eurasian Economic Union, the Republic of Kazakhstan has taken several obligations to create equal conditions for producers of goods, works and services of all participating countries. This circumstance makes it difficult to provide direct support to domestic producers. The purchases of government bodies, quasi-government organizations and subsoil users of solid minerals, hydrocarbons and uranium (government-regulated purchases) create a significant volume of demand for various kinds of goods, works and services. Therefore, within the framework of the research, a literary review of the regulatory legal acts governing the procurement of these entities was carried out. An assessment of the norms contributing to an increase in the share of local content in purchases is given. As a result, proposals were formed to improve legislation in order to increase the effectiveness of these norms.

scholarly journals IMPLIKASI KEBIJAKAN DAN DISKRIMINASI PELARANGAN EKSPOR DAN IMPOR MINYAK KELAPA SAWIT DAN BIJIH NIKEL TERHADAP PEREKONOMIAN INDONESIA

2020 ◽  
Vol 16 (2) ◽  
pp. 224-236
Author(s):  
Sekar Wiji Rahayu ◽  
Fajar Sugianto
Keyword(s):  
European Union ◽  
International Trade ◽  
World Trade Organization ◽  
Free Trade ◽  
Palm Oil ◽  
World Trade ◽  
Negative Impact ◽  
The European Union ◽  
Health Campaigns ◽  
The World

AbstractThe creation of free trade provides a large advantage and role in driving the economic growth of a country, especially for developing countries that have abundant natural resources. One of the systems in free trade carried out by countries in the world in buying and selling produce is known as an export-import system. Where the seller is usually referred to as an exporter and the buyer is referred to as an importer. Like the general trading system, in international trade there are also obstacles that can be detrimental to one party and / or several parties in conducting international trade. These obstacles can be in the form of tariff barriers and / or non-tariff barriers. Non-tariff barriers can take the form of certain discriminations imposed by a particular country, both to protect the value of its production and to redevelop the product into something of even higher value. Both are pursed on one thing, hedging. Discrimination is also imposed by the European Union against the ban on imports of Palm Oil from Indonesia on the grounds that Palm Oil has a negative impact on the environment. Bearing in mind the European Union is one of the countries active in Environmental Health campaigns. Discrimination is also carried out by Indonesia to stop all exports of Nickel Ore and / or other minerals to the European Union with the consideration to hedge minerals that have not been downstreamed. Based on the discrimination actions, the two countries plan to submit complaints and complaints to the World Trade Organization (WTO) as a form of the two countries' objections to the policies taken.Keywords: international trade; mineral downstreaming; oil palmAbstrakTerciptanya perdagangan bebas memberikan keuntungan serta peran yang besar dalam mendorong pertumbuhan ekonomi suatu negara, khususnya bagi negara-negara berkembang yang memiliki Sumber Daya Alam (SDA) yang melimpah. Salah satu sistem dalam perdagangan bebas yang dilakukan oleh negara-negara di dunia dalam melakukan jual-beli hasil produksi dikenal sebagai sistem ekspor-impor. Dimana pihak penjual lazimnya disebut sebagai eksportir dan pihak pembeli disebut sebagai importir. Selayaknya sistem perdagangan pada umumnya, di dalam perdagangan internasional juga terdapat hambatan-hambatan yang dapat merugikan satu pihak dan/atau beberapa pihak dalam yang melakukan perdagangan internasional. Hambatan tersebut dapat berupa hambatan tarif dan/atau hambatan non tarif. Hambatan non tarif dapat berupa diskriminasi-diskriminasi tertentu yang diberlakukan oleh suatu negara tertentu, baik untuk melindungi nilai produksinya maupun untuk mengembangkan kembali produk tersebut menjadi sesuatu yang lebih tinggi lagi nilainya. Keduanya mengerucut pada satu hal, yakni lindung nilai. Diskriminasi tersebut juga diberlakukan oleh Uni Eropa terhadap pelarangan impor Kelapa Sawit dari Indonesia dengan alasan bahwa Minyak Kelapa Sawit menimbulkan dampak yang buruk terhadap lingkungan. Mengingat Uni Eropa merupakan salah satu negara yang aktif dalam kampanye-kampanye kesehatan lingkungan. Aksi diskriminasi juga diberlakukan oleh Indonesia untuk menghentikan seluruh ekspor Bijih Nikel dan/atau mineral lainnya kepada Uni Eropa dengan pertimbangan untuk melakukan lindung nilai terhadap mineral-mineral yang belum di hilirisasi. Atas tindakan-tindakan diskiriminasi tersebut, kedua negara berencana untuk mengajukan keluhan dan gugatan ke World Trade Organization (WTO) sebagai bentuk keberatan kedua negara terhadap kebijakan-kebijakan yang diambil.Kata kunci: hilirisasi mineral; kelapa sawit; perdagangan internasional

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