Relations Between Bilateral And Multilateral Relations

One of the major advantages of trading is that it allows producers to concentrate or specialize their work in the type of goods they produce best. When people decide to specialized in a specific profession an become doctors, farmers, teachers, or any other profession within an economy, they will be able to produce goods and offers different services that can be trade for any goods or services they may need. In this same way countries can become specialized in the production of specify products and/or services and trade those with other countries. However, trading and importing products and services from other countries also has its disadvantages. As a result of the different products imported governments impose certain restrictions and limitations to protect the domestic production and market of every country involve in any kind of trading transactions. Governments have imposed taxes on trading transactions adding them to the cost of importation, and have the purpose of restricting and/or limiting the imports of goods and services into a country. These government

International trade barriers are restrictions put in place by the government to prevent the inflow of international goods and services to the country. These restrictions are placed by the government officials with the intent of protecting their economy from the international competition; they include tariff and nontariff barriers. Some of the argument for trade restrictions includes the following; It serves as a national defense from competitions to foreign companies, it serves as a means to protect infant industry from imports until they have enough capital to invest, it serves as a means to protect domestic jobs from cheap foreign labor, It also serves as a means to permit diversification of the domestic economy and a way to improve balance of trade (Ball, Geringer, Mcnett &Minor, 2012). Barriers to trade exist in developed and underdeveloped countries; some of these countries include China, United States, Japan, Russia, India, Latin America, European and African countries. Upon examining the barriers to trade which exists in different continents of the world, specifically comparing the barriers in developed countries to underdeveloped countries, there tends to be some similarities as well as differences. A closer look at countries such as China and Nigeria denotes a clear picture of what would be considered a developed and underdeveloped country. By reviewing the barriers that exists in both countries, similarities and

Despite this, however, diplomatic relations resumed between the two states in 1952 after the end of the Allied occupation in Japan. The new relationship converged upon economic interests and steadily became stronger for the remainder of the 20th century. It was not until the beginning of the 2000s that Japan and Australia began strengthening their security ties which was based on shared values of democracy and free-market economies. In 2007, the two nations signed a joint security agreement and both have maintained a high level of security dialogue since. It is important to note that both countries maintain strong bilateral security alliances with the United States, through which a quasi-alliance has

Moreover, China has increased its participation, taking the role of active global player in many international organizations. This can definitely enhance communication between the various states, resulting into the reduction of uncertainty in intentions. Eventually, states will trust each other more and make binding commitments that will preserve the world’s peace and stability. Besides that, international organizations can also ease or even prevent international anarchies. For instance, the three (3) major powers of East Asia such as China, Japan and South Korea have been integrated in ASEAN + 3; the East Asia Summit to discuss about bilateral military talks and security issues, involving scholars, analysts and bureaucrats from countries in the region to enhance the co-operation and exchange of information between the countries in East Asia. This can be seen when China’s membership in formal international organizations doubled between the years 1977 to 1997 from 21 to 52. However, China’s participation in global international

     After the tragedies of World War II, European leaders have made striving efforts to prevent such a catastrophic event from occurring on their continent again. The best solution seemed to be highly mechanized cooperation among the highest European powers to assure that future conflict, and perhaps war, could not arise between them. If all the states ran themselves in a manner cooperating with their neighbors, conflict could be avoided. To prevent other nations from not cooperating, treaties and institutions would have to be designed for each area of international interest such as trade, communications, security, and so forth. As the century progressed, more organizations, institutions and associations were

Since the mid-20th century, countries have progressively reduced barriers, subsidies to domestic industries and diverse restrictions on international commerce in order to promote specialization and greater efficiency in production. In theory, free trade allows nations to focus on their main comparative advantages and profit from cooperation and voluntary trade. This strategy is usually reinforced by treaties between two or more countries where commerce of goods and services can be handled across their common borders, without tariffs and other trade obstacles. As a key component of regional integration in the Americas, CAFTA-DR is one important example of this economic ideology.

To realize the ultimate benefits and progress from such bilateral relationships, it is important to ensure the two countries are free from strategic rivalry. There should be healthy and fair competition. They should put equal priorities for both the countries and provide strong management team to solve disagreements and differences between the two countries. Although this is somewhat seen today through ambassadors and other high political figures (many businessmen), it would be better if it were taken to a new, higher level.

International relations have been one of the most interesting and at the same time controversial areas of study since the Cold War. The world silent conflagration determined a reconsideration of the way in which politics was conducted and the relations between states at the level of the balance of power and the importance of international actors.

4.If a country has bilateral military agreement with a great power, or is a member of a regional defence pact, the agreement or pact should not be one deliberately concluded in the context of great power conflict.

In order to understand the prospects of a multilateral cooperation, we need to look in more detail at the willingness of states to build multilateral regimes. International

The numerous trade agreements developed between different groups of countries reveal the success of developing such relationships. Countries these trade agreements have reported increased imports and

Currently, major players through imposition of high impotration barriers have introduced protectionism, thus making liberalization and protectionism to influence the trade.

A bilateral trade agreement is a trade pact signed between two countries, providing special or favored trading status among them. Countries with bilateral gets expanded access to the markets of the agreed partner which helps increase trade and economic growth. Most bilateral trade agreements cover certain standardized aspects of trade such as the protection of each country’s innovative products, prevent the dumping products at a cheap cost, or using unfair subsidies to protect certain industries. The agreements may also cover standardize regulations on labor issues and environmental protections. Most importantly, bilateral trade agreements turn to eliminate tariffs and other trade taxes in order to gives companies within countries involved a price advantage.

INTERNAL AND EXTERNAL TRADE: Internal and external trade can be a main political factor that drives the states further close regional co-operation. The trade of communism was powerful impact to regionalism for the creation of NATO. Security trades are the most common form of external trades for regional integration.

All SAARC members apart from sharing same history have some other shared interests and problems. Locating in South Asia which is world’s most densely populated and one fertile region, these countries have common tradition, dress, food, culture and political aspects. And most importantly these eight countries share common problems and issues like poverty, illiteracy, malnutrition, natural disasters, internal conflicts, industrial and technological backwardness, low GDP and poor socio-economic condition and efforts for uplifting living standards. Apart from working together to track and solve these problems together, these nations also desire of promoting peace, stability, amity and progress in the region through strict adherence to the principles of the United Nations Charter and Non-Alignment, particularly respect for principles of sovereign equality, territorial integrally, national independence, non-use of force and non-interference of internal affairs of other states and peaceful settlement of all disputes.