The role of law in international trade relations and the establishment of the Legal Affairs Division of the GATT

2015 ◽  
pp. 14-14
Keyword(s):  
International Trade ◽  
Trade Relations

scholarly journals The role of factoring in international trade financing

2020 ◽  
Vol 3 ◽  
pp. 36-41
Author(s):  
Tural Alasgarli ◽  
Keyword(s):  
International Economic ◽  
International Trade ◽  
Foreign Trade ◽  
Economic System ◽  
20Th Century ◽  
Trade Finance ◽  
Trade Relations ◽  
Trade Financing

As 20th century ends, international economic system has gained new characteristics, international trade and its finance has reached at a different aspect. Parallel to the increasing trade relations, new technics of foreign trade finance has been widely available. Among them, factoring was evaluated in this study.

scholarly journals INTERNATIONAL ELECTRONIC STOCK TRADING: MECHANISM OF FUNCTIONING AND CURRENT TRENDS

2019 ◽  
Vol 4 (20) ◽  
pp. 15-24
Author(s):  
Andriy Syshchuk ◽  
Viktoria Khirova
Keyword(s):  
International Trade ◽  
Point Of View ◽  
Theory And Practice ◽  
Stock Exchanges ◽  
Stock Trading ◽  
Trade Relations ◽  
Current Trends ◽  
Stock Indices ◽  
Trading Mechanism

Abstract. Modern international electronic stock trading is becoming increasingly important in the organization of the system of international trade relations. Several studies of the domestic and foreign scientists have highlighted various aspects of the place and role of electronic exchanges in trade relations between countries. At the same time, the peculiarities of the mechanism of functioning of the international e-commerce, which is constantly evolving and improving, need to be studied both from the point of view of theory and practice. Electronic exchanges have created and implemented their own mechanism of functioning, which turns them into the most organized form of international trade. It is substantiated that trends and key features of the development of electronic exchanges can be tracked and forecasted with the help of relevant stock indices. The main features and the most important aspects of the development of electronic exchanges are determined, based on the analysis of stock indices of the two largest electronic exchanges in the world, the geographical structure of electronic stock exchanges and the dynamics of the use of artificial intelligence in the exchange trading process. Here also highlighted the negative and positive interdependencies regarding the future development of international e-commerce.

International Trade in the Age of Turbulent Uncertainty, Globalization, Regionalization and Pandemic

2020 ◽  
Vol 9 ◽  
pp. 2082-2094
Author(s):  
Alexander Ivanovich Evdokimov ◽  
Mushfig Yelmar Guliyev
Keyword(s):  
International Trade ◽  
National Level ◽  
Main Idea ◽  
Trade Agreements ◽  
Public Confidence ◽  
Interregional Trade ◽  
Policy System ◽  
Trade Relations ◽  
Available Information

Purpose: This paper analyzes the modern aspects of the international trade policy system in the context of the active development of integration processes in various regions, assesses the role of the WTO (The World Trade Organization) and some ways to improve its activities in accordance with modern challenges. Methods: The methods of comparison, synthesis, abstraction, and modeling based on available information and analytical resources were used. Results: The draft of the future international trade order, especially if it is based on a network of related regional and interregional trade agreements, can become increasingly practical for the effectiveness of trade relations and public confidence regarding the idea of openness and globalization. Conclusion: The main idea of this study is that the global regulation of international trade and the influence of turbulent currents of uncertainties at the national level can be improved with a higher degree of sustainable win-win approaches to reforming the WTO and regional spaces of trade relations.

scholarly journals Trade wars and the changing international order: a crisis of globalization?

2021 ◽  
Vol 25 (2) ◽  
pp. 99-109
Author(s):  
Valentin Mihaylov ◽  
Sławomir Sitek
Keyword(s):  
International Trade ◽  
Empirical Data ◽  
International Order ◽  
Economic Nationalism ◽  
Trade Relations ◽  
Bilateral Relations ◽  
Regional Trends ◽  
Trade Wars

Abstract Increased geopolitical competition and growing economic nationalism after 2014 have gradually started to slow the trend of liberalization of international trade. Relations among certain national states have turned into trade wars – a hybrid phenomenon shaped at the intersection of geopolitics and geoeconomics. The paper explores global and regional trends in trade regulations introduced by the world's largest economies and, at the same time, its major military powers. The G20 countries’ role in these processes was illustrated through references to empirical data on the dynamics of the introduced trade regulations in 2009–2018. The effectiveness of the regulations index is proposed. Apart from the harm that deepening such negative trends in the global geostrategic balance does to broader bilateral relations, the role of trade wars in re-shaping globalization's established conditions is also discussed.

scholarly journals The Evolving Role of Sub-national Actors in International Trade Interactions: A Comparative Analysis of Belgium and Canada

2017 ◽  
Vol 6 (2) ◽  
pp. 105-137 ◽  
Author(s):  
Ohio Omiunu
Keyword(s):  
International Trade ◽  
Comparative Analysis ◽  
International Norms ◽  
Policy Space ◽  
International Policy ◽  
Trade Relations ◽  
Emerging Patterns ◽  
International Obligations ◽  
Policy Arenas

At present, sub-national actors enjoy varied degrees of acceptance within the various frameworks for international trade interactions of their home states. This is mainly due to the reality that there is a growing intersection between sub-national, national and international policy arenas, making the policy space increasingly difficult to delineate neatly. More so, with international norms still opposed to the participation of sub-national actors in the international scene, most of the actions taken by these actors are classified as ‘wholly domestic policies’, which their central governments are mandated to ensure are in conformity with international obligations. This has made the mapping and understanding of sub-national foreign engagement difficult to conceptualise in a coherent manner. Focusing on Belgium and Canada, this paper seeks to ascertain: whether there are any coherent themes deducible in the way we conceptualise emerging patterns of engagement by sub-national actors in international trade relations.

scholarly journals DISPUTE SETTLEMENT OF ANTI-DUMPING LEGAL ASPECT IN INDONESIA BASED ON GATT/WTO PROVISIONS (ALLEGATIONS CASE STUDY OF DUMPING WOOD FREE COPY PAPER BETWEEN SOUTH KOREA AND INDONESIA)

2020 ◽  
Vol 2 (2) ◽  
Author(s):  
Idha Mutiara Sari
Keyword(s):  
International Trade ◽  
South Korea ◽  
Dispute Settlement ◽  
Legal Aspect ◽  
Trade Disputes ◽  
Trade Relations ◽  
Trade Law ◽  
International Trade Law

The increase of trading activities in economic globalization requires a strong international financial and trade system to distribute capital in the implementation of world trade. From the considerable problems in the globalization of trade, the international community has begun to draft several regulations that can be agreed together. Therefore, there is a need for rules and regulations in international trade relations, in this case, an agreement realizing the role of GATT/WTO as an international trade organization that determines and assists in resolving trade disputes between countries. Legal issues will be discussed in this paper is, 1) How is the implementation of GATT / WTO about anti-dumping law; 2) How is the implementation of anti-dumping law in Indonesia; 3) What is the legal aspect of dispute resolution of the case study in the alleged Dumping Wood Free Copy Paper case between South Korea and Indonesia. In this paper, the research method is normative legal research that accommodates regulations, decisions and general principles of (international-trade) law related to anti-dumping, case analysis, and structured classification with relevant theoretical studies to the topic of discussion.The results discussed in this paper are the role of GATT/WTO in dealing with anti-dumping in Indonesia regulation and implementation of anti-dumping in its legal territorial area, and South Korea’s anti-dumping case study on Indonesia. Conclusions from this paper include, Indonesia must better to protect a regulation regarding anti-dumping measures by enforcing strong laws and other anti-dumping regulations. It is a legal urgency as an export-import activity because in the implementation of international trade defence is not enough if a Government Decree regulates anti-dumping actions. Still, it must continue to update the rules of the WTO’s provisions which always develop.

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.

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