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20. Additional tasks

Answer the following questions^

1. What should member-States of the International Monitory Fund direct their economic and monitory policies to?

2. What does the Charter of Rights and Duties of States say about modern science and technology?

3. What has been one of the main preoccupations of the periodical meetings of the Governing Board of the International Energy Agency?

4. What are the key doctrines of the New International Duties and Order document?

5. What treatment must the well developed countries provide in relation to developing ones?

Section f Case Study

21. Trade Deals are Slowed by Bureaucracy

Background information

Major General Pakistan Ambassador Ghazanbar Ali Khan was appointed to Ukraine in 2007.

Pakistan-Ukraine:

Bilateral turnover in 2009: S 390 million.

Major exports from Pakistan to Ukraine: leather, textile, fresh fruits.

Major imports to Pakistan from Ukraine: metal, defense goods.

Number of registered Pakistanis nationals in Ukraine, 2009: approximately 1,000.

Number of registered Pakistanis companies: 3.

Major joint projects or areas of cooperation: defense, steel, telecommunications.

Those were the problems the Ambassador was discussing in his interview with the Kyiv Post reporter in March, 2010:

- Pakistanis in Ukraine

- Insights into business

- Higher expectations to improve economic and cultural ties

Problem

Consider if the following quotations from the interview may be of any help.

“Mainly due to bureaucratic hurdles, it took us long to establish legal agreements on trade between Ukraine and Pakistan last year. It was only last year that we signed two important agreements: one eliminating the double taxation of imported products from Pakistan to Ukraine, and a general agreement on trade and cooperation. The third area of negotiation on protection of investments is in the process of being developed. In the absence of such legal agreements, businessmen on both sides were rather hesitant to enter a foreign market.”

“There are still some concerns of the Pakistani businessmen. These issues are logistic in nature that slow development of confidence on the Pakistani side, that is the banking system and procedures for dealing with foreigners, the language problem, legal requirements for the registration and establishment of enterprises, etc. Secondly, obstacles exist in the sphere of visa and immigration policies. These discourage people to come to Ukraine and do business here.”

Note:

business entity

юридично зареєстроване торгівельне підприємство

breaches of the law

порушення, недотримання закону

expansion of jurisdiction

поширення юрисдикції

business equity conduct

вести справи належним чином, рівноправно

Task 1. With your partner choose a problem for discussion. What do you expect it to be about? Brainstorm the further development of the points listed in the rough notes of the interview:

Task 2. Work out possible suggestions for improvement of relation between the two countries in conformity with the national and international laws.

Brainstorming session

Write about your suggestions for continuous development of our mutual economic ties according to legal economic codes, duties and traditions to the Kyiv Post column “Letters to the Editor”.

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