TRADE CONFLICTS AND METHODS OF THEIR SETTLEMENT IN THE SYSTEM OF INTERNATIONAL COMMUNICATIONS
Abstract
The article describes the main forms of communication between subjects of international trade. The classification of trade conflicts and methods of their settlement have been studied. The essence and content of trade wars, their negative consequences both for participants in international trade and for the world economy as a whole are considered. Features of the US policy as the most active participant in international trade disputes on the world market are characterized. The need to implement and the consequences of President Trump's application of import duties on steel industry products originating from almost all exporting countries are analyzed. The main areas of trade confrontation between the USA and China have been studied. Means for settling international trade conflicts are considered, among which the most effective are negotiations, consultations, mediation, international court, international arbitration, mechanisms of regional international organizations, mechanisms of global international organizations. The main functions of the World Trade Organization were studied, the procedure for regulating disputes in the WTO was considered, and problems related to the termination of the functioning of the Appellate Body of the WTO were identified. The situation with the formation of a temporary appellate body - MPIA - was analyzed. A number of problems in the work of the WTO were identified, in particular, its inability to cope with such challenges as the suspension of trade liberalization, non-compliance by member states with their obligations and violations of WTO agreements, the need for consensus when making decisions. A conclusion was made about the need to modernize both the WTO's rule-making activities and the means of settling trade disputes between countries participating in foreign economic activity. The need for further research devoted to the search for effective communication links between participants in trade on the world market is indicated.
References
Безрукова Н. В., Василенко М. В. Світові торговельні війни: особливості та наслідки. Ефективна економіка. 2015. № 6. URL: http://www.economy.nayka.com.ua/?op=1&z=4153.
Торговельні війни сучасності та їх вплив на економічне зростання і розвиток у світі та Україні / Наук. ред. В. Юрчишин. Київ : Заповіт, 2019. 190 с.
Яценко О. М., Ускова Д. С. Сучасні детермінанти та форми міжнародних торговельних суперечок. Науковий вісник Ужгородського наіонального університету. Серія: Міжнародні економічні відносини та світове господарство. 2019. Випуск 28, частина 2. С. 173–176.
Серпухов М. Ю., Мазоренко О. В. Систематизація інструментів торговельних війн та прихованого протекціонізму. БізнесІнформ. 2017.
№ 11. С. 61–66.
Проценко В. Цілісно-металева заборона: які наслідки торгової політики Трампа для України та світу. URL: https://voxukraine.org/tsilisno-metaleva-zaborona-yaki-naslidki-torgovoyi-politiki-trampa-dlya-ukrayini-ta-svitu.
MPIA: як розблокувати вирішення спорів у СОТ. URL: https://uba.ua/ukr/news/7616.
Multi-Parti Interim Appeal Arbitration Arrangement (MPIA). URL: https://wtoplurilaterals.info/plural_initiative/the-mpia/.
Модернізація Світової організації торгівлі під впливом глобальних викликів : аналіт. доп. / І. Веремій, Н. Гавриленко, І. Ус, Г. Широкий ; за заг. ред. М. Паламарчука, Р. Юлдашева. Київ : НІСД, 2022. 51 с. URL: https://niss.gov.ua/sites/default/files/2022-09/analitichna-dopovid_sot_gotove.pdf.
Bezrukova N. V., Vasylenko M. V. (2015). Svitovi torhovelni viiny: osoblyvosti ta naslidky [World trade wars: features and consequences]. Efektyvna ekonomika, 6.Retrieved from http://www.economy.nayka.com.ua/
?op=1&z=4153 [in Ukrainian].
Yurchyshyn V. (2019). Torhovelni viiny suchasnosti ta yikh vplyv na ekonomichne zrostannia i rozvytok u sviti ta Ukraini [Modern trade wars and their impact on economic growth and development in the world and Ukraine]. Kyiv : Zapovit, 190 p. [in Ukrainian].
Iatsenko O. M., Uskova D. S. (2019). Suchasni determinanty ta formy mizhnarodnykh torhovelnykh superechok [Modern determinants and forms of international trade disputes]. Naukovyi visnyk Uzhhorodskoho naionalnoho universytetu. Seriia: Mizhnarodni ekonomichni vidnosyny ta svitove hospodarstvo, 28, 173-176 [in Ukrainian].
Serpukhov M. Yu., Mazorenko O. V. (2017). Systematyzatsiia instrumentiv torhovelnykh viin ta prykhovanoho protektsionizmu [Systematization of tools of trade wars and hidden protectionism]. BiznesInform, 11, 61-66 [in Ukrainian].
Protsenko V. (2018). Tsilisno-metaleva zaborona: yaki naslidky torhovoi polityky Trampa dlia Ukrainy ta svitu [All-metal ban: what are the consequences of Trump's trade policy for Ukraine and the world]. Retrieved from https://voxukraine.org/tsilisno-metaleva-zaborona-yaki-naslidki-torgovoyi-politiki-trampa-dlya-ukrayini-ta-svitu.
MPIA: yak rozblokuvaty vyrishennia sporiv u SOT [MPIA: how to unlock WTO dispute settlement]. Retrieved from https://uba.ua/ukr/news/7616 [in Ukrainian].
Multi-Parti Interim Appeal Arbitration Arrangement (MPIA). Retrieved from https://wtoplurilaterals.info/plural_initiative/the-mpia/.
Veremii I., Havrylenko N., Shyrokyi I. Us, H. (2022). Modernizatsiia Svitovoi orhanizatsii torhivli pid vplyvom hlobalnykh vyklykiv [Modernization of the World Trade Organization under the influence of global challenges]. Kyiv: NISD. Retrieved fromhttps://niss.gov.ua/sites/default/files/2022-09/analitichna-dopovid_sot_gotove.pdf.
This work is licensed under a Creative Commons Attribution 4.0 International License.
