scholarly journals Pathways to Just, Equitable and Sustainable Trade and Investment Regimes

2021 ◽  
Author(s):  
Tomaso Ferrando ◽  
Nicolas Marcelo Perrone ◽  
Olabisi D. Akinkugbe ◽  
Kangping Du
Author(s):  
Anna Joubin-Bret ◽  
Cristian Rodriguez Chiffelle

One of the most important and concrete outcomes of China’s G20 presidency was the establishment of a Trade and Investment Working Group (TIWG), recognizing that robust and sustainable trade and investment reinforces economic growth and calling for enhanced G20 trade and investment cooperation. The Chinese presidency’s renewed approach was not only to bring stand-alone investment issues to the G20 table, but also to re-spark the conversation on investment and trade policy-making by bringing them closer together again, acknowledging the complementarity of trade and investment as the engines of economic growth. This has paved the way for coherent, integrated discussions on trade and investment for the first time in fifteen years in the global political arena. On the investment side, the TIWG delivered the G20 Guiding Principles for Global Investment Policy-Making (G20 Guiding Principles), a key outcome of the Chinese presidency. These were endorsed by trade ministers in Shanghai in July 2016 and then by heads of state at the Hangzhou Summit in September 2016, with the objective of fostering an open, transparent, and conducive global policy environment for investment; promoting coherence in national and international investment policy-making; and promoting inclusive economic growth and sustainable development. The G20 Guiding Principles are introduced in the chapter. It begins with a background review of their crafting and various attempts at devising guiding principles on international investment, and identifies some of the guidelines that have paved the way for the Principles. The chapter then focuses on the objectives, scope, and content of the G20 Guiding Principles and considers their potential impact on policy-making at the domestic and international levels. Finally, the chapter addresses the broader work of the G20 TIWG, including the trade and investment linkage, analyses the general state of play of G20 countries’ investment agreements, and offers some preliminary conclusions and ways forward.


2016 ◽  
pp. 43-60 ◽  
Author(s):  
E. Vinokurov

The paper appraises current progress in establishing the Customs Union and the Eurasian Economic Union (EAEU). Although the progress has slowed down after the initial rapid advancement, the Union is better viewed not as an exception from the general rules of regional economic integration but rather as one of the functioning customs unions with its successes and stumbling blocs. The paper reviews the state of Eurasian institutions, the establishment of the single market of goods and services, the situation with mutual trade and investment flows among the member states, the ongoing work on the liquidation/unification of non-tariff barriers, the problems of the efficient coordination of macroeconomic policies, progress towards establishing an EAEU network of free trade areas with partners around the world, the state of the common labor market, and the dynamics of public opinion on Eurasian integration in the five member states.


Author(s):  
Viktoriia Makhovka ◽  
Olha Nesterenko

The essence of international business, its active development and expansion, that influence the integration of economic systems and intensification of business relations between countries, are considered. The attention is paid to the international market of the European Union, first of all to Polish-Ukrainian cooperation due to the modern development of international business. The importance of the development of trade and business between Ukraine and Poland is determined, taking into account close relations in the field of economy, politics, culture and historical connections. The legal framework between Ukraine and Poland is substantiated, which ensures the proper development of bilateral cooperation at the level of strategic partnership and emphasizes the presence of an active dialogue between countries. The main agreements between Ukraine and the European Union, which influence the economic cooperation between Ukraine and Poland, are considered, taking into account Polish membership in the EU. The implementation of special projects by the European Union to support the development of Polish-Ukrainian cooperation is determined. The increase of the intensity of economic exchange between Ukraine and Poland, the active development of trade and investment in various spheres of business and the growth of economic indicators are determined. The peculiarities of the development of the small business sector and its influence on the stabilization of socio-economic processes between European countries are substantiated, emphasizing Poland's experience in development of the small business as a driving force on the way to economic integration. The main aspects and characteristics of international business between Poland and Ukraine are determined and the main differences in doing business in these countries are revealed, emphasizing the perspectives of development.


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