Group items tagged

This article talks about the new warning Russia has sent to Ukraine saying that moscow could implement protectionist barriers if its former soviet ally joins a free trade pact with the EU. Russia has sent the warning because they are allegedly worried it will be "flooded" with European goods if Ukraine joins the pact.

It states that "it will be a plus, as long as it doesn't make us (Russia) weaker". This is because of the bond they have from the former Soviet union. Since they have conjoined boarders and a lot of trade between the nations they fear that this (increasing european trade) might influence this trade.

This article is about the trade barriers that Indonesia has and what needs to be done. It talks about the struggle that Indonesian and international businesses have due to these trade barriers.

Japan's trade deficit nearly doubled in October, as growth in imports outpaced robust increases in exports to the U.S. and China, the Finance Ministry reported Wednesday. A weakening in the Japanese yen over the past year has helped exports, but it has also increased the cost in yen terms... This is the importance of looking at **how** payments balance. Though Japan has seen some significant increases in exports, most notably in the vehicle and chemical industries, too much money is still leaving Japan. Part of this may be due to the fact that many Japanese firms depend on foreign manufacturing. The government has plans to revitalize a large manufacturing sector of Japan, but the question now is how quickly and how much will it help?

The article talks about a policy of the EU relating to the topic.

I totally agree with you, Olaf

This article is about how the WTO has hammered out it's first global commercial deal. It is about the conference that the deal was made in and contains a few notes about what is in the deal

The article discusses how, in the past, the US government's response to foreign imports competing with the domestic steel industry has been to create trade barriers. However, as David Phelps, president of American Institute for International Steel, explains in the article, this practice takes away from the competition that should exist within a market, such as when two domestic steel industries are competing. On the other hand, what differentiates domestic competition and international competition is that US will lose output if it can't support its domestic industries.

As measured by gross domestic product, the Customs Union in its three-member format of Russia, Belarus and Kazakhstan still appears tiny beside the European Union. The output of the Customs Union states was $US2.3 trillion last year, compared with $US16.6 trillion for the EU, according to the International Monetary Fund. Ukraine's economic output of $US176 billion last year would only modestly bolster the Russian bloc.

This article talks about how China released a list of banned items to be exported to North Korea because the Chinese government is worried about how the North Koreans will utilize the items they receive from China. "The list of banned items was released amid a flurry of reports suggesting that North Korea is accelerating its two nuclear weapons programs."