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In a situation of slowdown of global trade growth, growth in the Russian foreign trade turnover is declining, as well. It is to be noted that though during seven months of this year trade with far abroad countries showed positive dynamics there was a recession in relations with CIS states. The...
Persistent link: https://www.econbiz.de/10013089666
In September 2013, the main indices of the Russian foreign trade did not virtually change, which situation was justified by slowdown of the growth rates of the global economy, worsening of the global market situation for Russian commodities, as well as reduction of the aggregate demand on the...
Persistent link: https://www.econbiz.de/10013071378
From April 2012, the Russian foreign trade has been in stagnation. In the past few months, growth rates of both export and import fluctuated near the zero level. Russia turned down the EU's request to the WTO to convene a panel of arbitrators to consider the issue of the existing mechanism of...
Persistent link: https://www.econbiz.de/10013072530
The WTO has revised downward the forecast of growth in the global trade volume. In January-July 2013, the foreign trade turnover of the Russian Federation decreased due to a drop in export supplies. From October 2, 2013, Rosselkhoznadzor introduced temporary restrictions on supplies to Russia of...
Persistent link: https://www.econbiz.de/10013073674
In June 2013, the Russian foreign trade key indicators saw an insignificant growth on a year-on-year basis. Growth in exports was determined by increase in physical volumes of exports against falling export prices, whereas growth in imports was governed by increase in import prices against...
Persistent link: https://www.econbiz.de/10013074776
In May 2013, a trend of reduction of the Russian trade surplus which started in June 2012 continued. The US, Turkey and Japan joined the claim against Russia filed by the European Union on July 2013 to the Court of the World Trade Organization. The Russian side intends to take every effort to...
Persistent link: https://www.econbiz.de/10013075577
Continued contraction of the Russian foreign trade turnover is accompanied by adjustments both in commodity composition of trade and its regional pattern. Deteriorated terms of trade posted in H1 2015 became main determinant of the trade balance reduction against H1 2014. The Russian Federation...
Persistent link: https://www.econbiz.de/10013014804
In May 2015, downward trend of the main Russian foreign trade indices persisted. In spite of the promises given by the G-20 member states not to introduce new protectionist measures in the sphere of trade, the overall number of trade restrictions goes up. The WTO department of dispute settlement...
Persistent link: https://www.econbiz.de/10013015623
In 2015, the RF foreign economic activity was subject to a set of negative factors: significant reduction of prices on all tradable commodities, contraction of external demand due to slowdown of the world economy, compression of domestic demand due to a fall of income and investment....
Persistent link: https://www.econbiz.de/10013000660
In early 2017, international financial organizations adjusted their short- and medium-term forecasts. The World Bank report Global Economic Prospects[1], released in January 2017, and estimated global growth in 2016 at a post-crisis low of 2.3%. It was noted that growth in emerging markets and...
Persistent link: https://www.econbiz.de/10012952685