EU-Mercosur Agreement: Developments and Prospects for Bulgarian-Brazilian Economic and Trade Relations
DOI:
https://doi.org/10.37075/YB.2020.1.07Keywords:
Economic relations, Trade, Mercosur, European unionAbstract
As the signing of the Free Trade Agreement between the European Union and the Southern Common Market is a fact, the paper aims at revealing the impacts and the prospects of it on the Bulgarian-Brazilian economic and trade relations. After presenting the EU-Mercosur trade context briefly, it discusses the dynamics of the bilateral trade flows both between the European Union and Mercosur and, Bulgaria and Brazil and, emphasises on the novelty of the features and opportunities. The prospects for future economic developments are stated.References
JAG Albuquerque & C Lohbauer (2013). New and old challenges of the trade agreement between the European Union and Mercosur. Mercosur European Union Dialogue, pp. 18 – 26.
Brazilian Ministry of Economy (2019). Comex Vis: Continentes e Blocos: União Europeia – UE. URL: http://www.mdic.gov.br/comercio-exterior/estatisticas-de-comercio-exterior/comexvis/frame-bloco?bloco=uniao_europeia (accessed 14 October 2019)
Brazilian Ministry of Foreign Affairs (2019). Acordo de Associação Mercosul-União Europeia: Resumo Informativo Elaborado pelo Governo Brasileiro. URL: http://www.itamaraty.gov.br/images/2019/2019_07_03_-_Resumo_Acordo_Mercosul_UE.pdf (accessed 18 September 2019)
Cano, V.E., Quero, M.C., & Giménez, T.D.H. (2017). EU-MERCOSUR trade agreement: findings winners products for Paraguay. Revista de la Facultad de Ciencias Agrarias, 49(2), 289 – 302.
European Commission (2019). The EU-Mercosur Trade Agreement Explained. URL: https://ec.europa.eu/trade/policy/in-focus/eu-mercosur-association-agreement/agreement-explained/ (accessed 18 September 2019)
European Commission (2019). G20 Leaders United to Address Major Global Economic Challenges. URL: https://ec.europa.eu/commission/news/g20-leaders-united-address-major-global-economic-challenges-2019-jun-29_en (accessed 18 September 2019)
European Commission (2019). EU and Mercosur Reach Agreement on Trade. URL: https://trade.ec.europa.eu/doclib/press/index.cfm?id=2039 (accessed 18 September 2019)
Key elements of the EU-Mercosur Trade Agreement. (2019). European Commission. URL: http://trade.ec.europa.eu/doclib/press/index.cfm?id=2040 (accessed 2020-07-29)
European Union, Trade in Goods with Mercosur 4. (2019). European Commission. URL: https://webgate.ec.europa.eu/isdb_results/factsheets/region/details_mercosur-4_en.pdf (accessed 2020-09-12)
Countries and regions: Mercosur. (2019). European Commission. URL: https://ec.europa.eu/trade/policy/countries-and-regions/regions/mercosur/ (accessed 2020-04-04)
EU-Mercosur Trade Agreement: building bridges for trade and sustainable development. (2019). European Commission. URL: https://trade.ec.europa.eu/doclib/docs/2019/june/tradoc_157954.pdf (accessed 2020-10-09)
Total services, detailed geographical breakdown by the EU Member States since 2010, BRM6. (2019). Eurostat. URL: https://appsso.eurostat.ec.europa.eu/nui/submitViewTableAction.do (accessed 2020-12-23)
Gala, P. (2017). Complexidade econômica. Rio de Janeiro: Contraponto and Centro Internacional Celso Furtado de Políticas para o Desenvolvimento.
Hadjinikolov, D. & Zhelev, P. (2018). Expected impact of EU-Vietnam free trade agreement on Bulgaria's exports. Economic Alternatives, 4, 467 – 479. URL: https://www.unwe.bg/uploads/Alternatives/2_EA_4_2018_en.pdf (accessed 2019-10-01)
J Hadjitchoneva & A Georgiev (2017). Business Environment in Bulgaria and Romania: A Comparative Analysis. International Scientific Conference Proceedings Bulgaria and Romania: Country Members of the EU, Part of the Global Economy (Ed. Christova-Balkanska, I. and Marinov, E.). ISBN: 978-954-9313-08-6
Atlas of Economic Complexity: Brazil profile. (2019). Center of International Development of the Harvard University. URL: http://atlas.cid.harvard.edu (accessed 11 October 2019)
Atlas of Economic Complexity: Bulgaria profile. (2019). Center of International Development of the Harvard University. URL: http://atlas.cid.harvard.edu (accessed 11 October 2019)
NSI (2019). Imports and Exports by main trade partners. NSI. URL: https://www.nsi.bg (accessed 27 December 2019)
Bulgaria's and Brazil's profiles. (2019). The Observatory of Economic Complexity. URL: https://oec.world/en/ (accessed 26 December 2019)
Rodrik Dani, Subramanian Arvind, & Trebbi Francesco (2004). Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development. Journal of Economic Growth, 9, 131 – 165. DOI: https://doi.org/10.1023/b:joeg.0000031425.72248.85
SONDERGAARD, NIELS (2019). Reviewing perspectives on third-party impacts of mega-regional trade agreements: implications for Brazil. Brazilian Journal of Political Economy, 39(1), 51 – 70. DOI: https://doi.org/10.1590/0101-35172019-2861
Stanojević, J. & Veličković, G. (2019). The role of EU accession in economic development from the international trade perspective. Economic Alternatives, 3, 412 – 428. URL: https://www.unwe.bg/uploads/Alternatives/7_S_V_EA_en_i3_2019.pdf (accessed 2019-10-01)
Sterner, Thomas & Coria, Jessica (2013). Policy Instruments for Environmental and Natural Resource Management. New York: RFF Press. DOI: https://doi.org/10.4324/9781315780894
R Tomazini (2013). Understanding the association agreement between the EU and Mercosur: its structure, course of negotiations and the involvement of the business sector. APEXBRASIL, Mercosur European Union Dialogue (Ed. Brazilian Trade and Investment Promotion Agency), pp. 10 – 16.
Downloads
Published
Issue
Section
License
Copyright (c) 2020 Juliana Hadjitchoneva, Daniel Moura da Costa Teixeira (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright to their works.
All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.
