The BRICS cooperation plays an increasing role for the foreign economic strategy of the Russian Federation. There is a certain potential in strengthening Russian trade ties with the BRICS countries, but at the same time the authors underline an…
The article discusses the experience of Russia's participation in trade disputes within the World Trade Organization. This experience is compared with the extensive practice of the European Union, which rather successfully defends its interests…
The European Union nowadays is a significant trade partner for the Latin America countries. The structure of trade between the EU and Latin America, on the one hand, explains the opportunities for strengthening the cooperation from the perspective…
The service sector constitutes an important and a growing sector of the global economy as well as in the Arab region. In Oman, the service sector accounts for the highest share in the sectoral composition of the GDP and constitutes a crucial…
The purpose of the present study is to assess the export potential of food and agricultural items from South Asian Association for Regional Cooperation (SAARC) countries to the Gulf Cooperation Council (GCC) countries. We investigated the pattern of…
We empirically evaluate whether fostering trade partnership within the region is a better economic course of action for the Gulf Cooperation Council than engaging into preferential trade arrangements with well-established trade blocs outside the…
Oman’s fish exports to the EU have been experiencing a declining trend since mid-2000s. This paper investigates whether the SPS measures adopted by the EU affect Oman’s fish exports to European markets. The results obtained from the dynamic…
The objective of this paper is to evaluate whether using financial instruments such as commodity hedging using futures and options would help Oman to improve risk management in wheat imports. Around 61% of wheat imports by Oman during the period…
The drastic drop in fuel prices and the resulting fiscal constraints have compelled oil exporting countries to phase down fuel subsidies. This study with use of a simulation model developed by the World Bank has estimated the impact of increase in…