DYNAMIC AND STRUCTURAL DISPROPORTATIONS OF THE BALANCE IN FOREIGN TRADE IN TEXTILE GOODS OF THE EAEU AND BELARUS

The article is devoted to the study of the balance of foreign trade in textile goods (C13) in two directions: on the one hand, the EAEU in mutual trade and with third countries, on the other hand, Belarus in mutual trade with the EAEU member states and third countries. A comparative analysis of the dynamics and changes in the structure of key indicators of foreign trade in the context of the main commodity groups, goods and key foreign trade partners has been carried out. The author identified the reasons and factors that have a negative impact on the dynamics of the balance of foreign trade in textiles between the EAEU and Belarus in order to make management decisions.

ECONOMETRIC ANALYSIS OF THE VOLUME OF MUTUAL TRADE OF THE EAEU MEMBER STATES

The article provides econometric time series models for the volumes of mutual trade of the EAEU member states based on quarterly data from the 1st quarter of 2017 to the 3rd quarter of 2021. An exponential smoothing model and a multiplicative model are built. Also, a forecast was made for the volume of mutual trade in the IV quarter of 2021

Features of intraregional trade turnover of Southern Federal District

The economic interaction of the constituent entities of Russian Federation is manifested in the strengthening of mutual trade contacts between them. An indicator of mutual trade between regions is intraregional trade turnover. The purpose of this article was to identify and substantiate the features of the intraregional trade turnover of Southern Federal District based on data on its levels, dynamics and structure. At the same time, the trade turnover was considered as a result of the development of mutual trade flows and an indicator of the effectiveness of trade and economic relations between regions. In the course of the study, the economic and statistical method prevailed, associated with the calculation, analysis and interpretation of relative statistical indicators, their visualization through graphic-analytical images. Based on the system of statistical indicators, the article examines the specific features of intraregional trade turnover of Southern Federal District in comparison with data from other federal districts of Russia and national levels. Southern Federal District occupies insignificant positions in the ranking of the federal districts of Russia in terms of retail and wholesale turnover, which does not correspond to its resource, production and demographic potential. The authors identified the following features of intraregional trade in Southern Federal District: the predominance of the segment of private trade enterprises in retail trade; a high share of the market and fair trade format in the sale of consumer goods; dominance of stationary outlets in retail turnover; expansion of network retail. The materials of this article have analytical significance and can be used as an information basis for making managerial decisions in the field of regional economic policy to activate mutual trade flows of the regions of Southern Federal District and expand mutual trade contacts between them.

Trade and Economic Cooperation within the Framework of BRICS

The article is devoted to trade and economic cooperation between Russia and the BRICS membercountries and trade cooperation within the BRICS Union. First, the authors study the peculiarities ofthe development of the BRICS member countries and the possibilities of their trade cooperation withinthe framework of this association. Trade and economic cooperation within the BRICS group is beingconsidered: structure of export and import supplies, dynamics of foreign trade turnover and features ofmutual trade. Authors consider the complementarity of the national economies of the BRICS countries,about the competitive directions of each of its countries in the provision of certain services. The focusis on the study of trade and economic cooperation between Russia and the BRICS member countriesin recent years. The article analyzes the export, import, and foreign trade turnover of Russia with each country of this organization. At the same time, all the calculations in the article are made independently based on statistical data. The authors identify the specifics of Russia’s trade cooperation within the BRICS grouping, draws relevant conclusions, and discusses the investment direction as a component of the growth of trade cooperation, the increase in foreign trade turnover, and GDP growth.

Қазақстанның ЕАЭО аясындағы өзара саудасы

This article analyses the main results of the impact of Eurasian integration on Kazakhstan's economy, in particular, mutual trade for the period from 2015 to 2019. A structural analysis is conducted and the main trends and dynamics factors, commodity structure of Kazakhstan's exports and imports within the framework of the Eurasian Economic Union are presented. Integration effects in mutual trade of Kazakhstan with EAEU member states are assessed. Research methods: a comparative analysis of dynamic series, structural-logical, economic-statistical, comparative analysis. As a result of the analysis, preliminary conclusions can be made that in most areas of Kazakhstan's cooperation with the EAEU countries, there has been an outperformance. The comparative analysis of mutual trade between EAEU member states reveals that the coronavirus pandemic has hit the economic activity of the Eurasian Economic Union states, including Kazakhstan, significantly and has revealed a trend of imbalanced mutual trade in Kazakhstan during the EAEU functioning period, which demonstrates weak diversification and low intersectoral importance and dependence of the Republic on the international market. Accordingly, this may hurt harm Kazakhstan's national economy within the EAEU. В настоящей статье анализируются основные результаты влияния евразийской интеграции на экономику Казахстана, в частности взаимная торговля за период с 2015 по 2019 годы. Проведен структурный анализ и приведены основные тенденции и факторы динамики, товарная структура экспорта и импорта Казахстана в рамках Евразийского экономического союза. Проведена оценка интеграционных эффектов во взаимной торговле Казахстана со странами-участницами ЕАЭС. Методы исследования: сравнительный анализ динамических рядов, структурно-логический, экономико-статистический, сравнительный анализ. В результате проведенного анализа можно сделать предварительные выводы о том, что в большинстве сфер сотрудничества Казахстана со странами ЕАЭС наблюдалась опережающая динамика. В ходе проведенного сравнительного анализа взаимной торговли между странами-участницами ЕАЭС выявлено, что пандемия коронавируса ощутимо ударила по экономической активности государства Евразийского экономического союза, включая Казахстан. Выявлена тенденция дисбаланса взаимной торговли Казахстана в период функционирования ЕАЭС, это демонстрирует слабую диверсификацию и низкую внутриотраслевую значимость и зависимости республики от международного рынка. Соответственно, это может иметь негативное влияние для национальной экономики Казахстана в рамках ЕАЭС.

The Eurasian agricultural complex: capacity, results, trade, forecast of prospects

The article examines the problems of the development of the Eurasian agro-food complex: potential, current state and prospects. The article analyzes the problem of self – sufficiency in food, taking into account mutual trade and the possibility of concentrating the efforts of the EAEU member states on an innovative breakthrough in agriculture in order to increase exports and its share in world trade, an adequately available area of farmland.

European Union – Geopolitical Rival or Key Partner of Russia?

European countries have traditionally been Russia’s key economic partners. Mutual interest is based on geographical proximity, historical ties and also by the complementarity markets. Mutual sanctions spread over recent years has called into question Russia – European Union partnership and cooperation established by Agreement in 1994. This article reviews the current status of Russia – EU and its member states relations. Also the article contains analysis of mutual trade, economic and investment cooperation, economic and diplomatic ties of partners during periods of mutual rapprochement (before 2014th) and the subsequent cooling of relations. Conclusions on current Russia – EU and its member states relations. Also the article contains analysis of mutual trade, econ Europe relationship made in this article are based on a comprehensive analysis of official statistics of bilateral trade and investment cooperation between Russia and foreign countries. Current data shows the importance of the European direction for our country. This article also discusses possible ways to improve the efficiency of interaction between partners at the present stage.

Assessment of the Eurasian Economic Union countries integration economic efficiency

The purpose of the study is to assess the effectiveness of the achieved level of integration of the leading countries within the framework of the Eurasian Economic Union (EAEU).Methodology: a quantitative approach is used. Based on the results of the analysis of dynamic series, the mutual openness of country economies and their mutual trade is estimated by the methods of calculating the export quota, which shows the content of exports in the volume of gross product. A broader analysis of integration interaction involves the study of other equally important indicators. Thus, the indicators of the importance of mutual trade in goods and services, mutual labor migration for the leading countries of the Eurasian Economic Union and mutual flows of foreign direct investment for Kazakhstan within all the countries of the EAEU were also used and mutual FDI flows for Kazakhstan within all EAEU countries were also used.The originality / value of the study lies in the coverage of the last years of the Eurasian integration, the calculation of indicators of the significance and evaluation of the effectiveness of foreign economic relations in their main areas in the Eurasian integration grouping for its leading countries.The results of the study – in 2015-2019, there is an achievement of relative openness and an increase in the importance of trade in goods and services, a decrease in the importance of migration between Kazakhstan and the main participants of the EAEU. At the same time, the flows of foreign direct investment to and from Kazakhstan within the union are characterized by positive changes.

Current directions and areas of cooperation between Russia and Turkey

Исследование научной статьи посвящено актуальным сферам торгово-экономического сотрудничества России и Турции. Выявлены проблемы как при осуществлении взаимной торговли двух стран, так и при реализации двусторонних соглашений. Определены основные направления по увеличению торгового оборота и формированию благоприятного инвестиционного климата. Объемы товарооборота рассмотрены в статистике внешней торговли по итогам 2019 и полугодия 2020 гг. Выявлена роль соглашений, подписанных на уровне руководителей организаций и ведомств двух стран, обеспечивающих реализацию экономической политики. The research article focuses on current areas of trade and economic cooperation between Russia and Turkey. It reveals problems both in mutual trade between the two countries and in the implementation of bilateral agreements. The main directions for increasing trade turnover and creating a favorable investment climate are identified. The volume of trade turnover is considered in the foreign trade statistics for the results of 2019 and the first half of 2020. The role of agreements signed at the level of heads of organizations and departments of the two countries that ensure the implementation of economic policy is revealed.

BRICS and Partnerships for Sustainable Development: Prospects for Trade with Least Developed Countries

The informal BRICS group (Brazil, Russia, India, China and South Africa) is actively working to solve the most acute global problems. This is why opportunities for implementing the sustainable development goals (SDGs) at BRICS summits is a topic for urgent research. This article discusses the prospects for achieving SDG 17.11 by the least developed countries (LDCs) in the framework of mutual trade with BRICS. SDG 17.11, unlike other goals, was expected to be achieved in 2020, but World Trade Organization (WTO) estimates for 2018 showed that progress was too slow. Against the sharp drop in international trade in 2020 due to economic shutdowns, the implementation of this goal is especially high on the agenda. This article describes the current implementation of the SDG by BRICS. A general analysis of mutual trade between LDCs and BRICS shows the low involvement of least developed countries in trade with BRICS. The methodology for the study involves computations of two trade indices and the identification of new clusters of LDCs. The export propensity index and trade intensity index are calculated in order to identify the countries with the most promise to increase exports to BRICS. The authors selected 13 LDCs with prospects for trade development with BRICS—Angola, Democratic Republic of the Congo, Mozambique, Bangladesh, Guinea, Mauritania, Nepal, Tanzania, Zambia, Bhutan, Lesotho, Malawi and Solomon Islands. Among 34 other LDCs, the authors identify five clusters based on their economic structure, including the role played in their economies by official development assistance (ODA) and personal remittances. Clustering allows BRICS to provide targeted support to LDCs in order to increase their export potential through the most effective mechanisms for each economy.