FEATURES OF INTERNATIONAL AGRICULTURAL TRADE IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

Authors

  • O. G. Mihaylenko The lecturer of Department of the International economics and international finance, Dnepropetrovsk National University, Dnepropetrovsk

DOI:

https://doi.org/10.17721/apmv.2014.122.1.

Abstract

Abstract. International trade is the strategic way of development of any country in the world.
Trading is an important channel for financial flows, technology and service exchanging which
are necessary for increasing production capacity in agricultural, industry and service sectors in
future.
Question about international trade in a context of economical growth was reflected in Millennium
Development Goals in the Goal 8: «Forming of global partnership for development».
Attention for trading aspects of economical development was concentrated on the limited range
of issues: making an «open, predictable and non-discriminatory trading and financial system
based on rules» (task 8A) and providing a wide-ranged non-tariff and non-quoted access of the
least developed countries (LDC) to the markets of developed countries to meet their need (task
8b). Countries recognized, that international trade improves economical climate, contributes
to the reduction of poverty, increase of employment rate, solving gender equality, health and
environmental sustainability but role of international trade as a factor of sustainable, comprehensive
development has not been determined.
Country’s participation in international trade can receive additional benefit which contributes
to the economical growth of the country. Namely agriculture, as an area of economic activity,
has it own features which significantly affects on economical development and international
trade.
Most companies and consumers on global markets give preference to environmentally friendly
products and international trade can lead to expanding distribution of ecological goods, services
and also environmentally friendly industry technologies.
Key words: Agriculture, international trade, sustainable development, organic products, especially
agricultural trade.

Published

2014-11-12