scholarly journals QUANTITATIVE ANALYSIS OF TRADE COMPLEMENTARITY BETWEEN UKRAINE AND THE EU

Author(s):  
O. І. Shnyrkov ◽  
D. S. Pliushch

The article outlines the perspective benefits of deepening integration processes between Ukraine and the European Union. Groups of Ukrainian goods have been identified, which exports to the EU are increasing dynamically. EU countries have been identified in which exports from Ukraine have been growing rapidly in recent years. The relations and nature of Ukraine's trade with the EU countries have been analyzed. The conclusions on the development of trade potential after signing the Association Agreement with the EU have been formulated. The assessment of the Complementarity Index of Trade for Ukraine and the EU by 97 commodity groups according to the Ukrainian Classification of Goods for Foreign Economic Activity and the Harmonized Commodity Description and Coding System for 2011-2018 has been carried out. The dynamics of change of complementarity indices are analyzed and the predicted indices of the countries for 2019 and 2020 are calculated. It has been proven that mutual trade in a free trade area is mutually beneficial for Ukraine and the EU, as Ukraine and the EU benefit from increased trade, and establishing international partnerships between their businesses and organizations can be particularly beneficial in the long term perspective. It is proposed to deepen international industry cooperation in order to develop competitive advantages and strengthen its position both on the Ukrainian market and the European market.

Author(s):  
Ірина Борисівна Чичкало-Кондрацька ◽  
Анастасія Олегівна Власюк ◽  
Дарія Сергіївна Кондрацька

The article is devoted to the study of the real state and consequences of deepening of economic cooperation between Ukraine and the EU in the conditions of implementation of the Association Agreement. The state of implementation of the Association Agreement between Ukraine and the European Union is considered on the basis of the study of official government reports and the results of independent experts' studies. The analysis of the current state, structure, tendencies and peculiarities of trade cooperation of Ukraine with the countries of the European Union is conducted. The influence of the Deep and Comprehensive Free Trade Area with the EU is determined. Particular attention is paid to the problems of Ukrainian companies entering the EU market and the use of duty-free tariff quotas.


Ekonomia ◽  
2016 ◽  
Vol 22 (2) ◽  
pp. 27-42
Author(s):  
Adriana Kalicka-Mikołajczyk

Deepen and congeneric free trade area — a new form of business collaboration of the European Union with its neighbours from Eastern Europe and the South Caucasus within the European Neighbourhood Policy The European Neighbourhood Policy ENP was developed in 2004, with the objective of avoiding of new dividing lines between the enlarged EU and its neighbours and strengthening the prosperity, stability and security of all participants. Within the ENP the European Union offers its neighbours a privileged relationship building upon a mutual commitment to common values, political association and deeper economic integration. The ENP links partner countries with the EU’s internal market and its social and economic model. For partners, this means adopting basic rules on equal opportunities, economic participation and fair competition. The ENP builds upon the legal agreements in place between the EU and the partner countries: Partnership and Cooperation Agreements or Association Agreements. Ukraine, Georgia and Moldova signed Association Agreements with the EU on 27 June 2014. The deep and comprehensive free trade agreement is part of a new generation of Association Agreements with eastern partner countries which provides a long-term foundation for future economic relations with the European Union. It was agreed that Association Agreement should take an ambitious and innovative approach, include a deep and comprehensive free trade area and go qualitatively beyond the current Partnership and Cooperation Agreement wherever possible. It contains binding, rule-based provisions and cooperation developed further than in traditional agreements and it is wide-ranging, covering all areas of interest. The deep and comprehensive free trade area is part of the Association Agreement which offer a new framework for modernising partner countries trade relations and for economic development by the opening of markets via the progressive removal of customs tariffs and quotas, and by an extensive harmonisation of laws, norms and regulations in various trade-related sectors, creating the conditions for aligning key sectors of the eastern partners economy to European Union standards. The deep and comprehensive free trade areas are expected to bring many economic benefits for Moldova, Georgia and Ukraine by offering businesses access to the EU’s single market — the largest in the world.


2014 ◽  
Vol 60 (No. 1) ◽  
pp. 31-48
Author(s):  
E. Cihelková

The European Union pays a primary attention to the development of neighbouring relations; it means the relations with countries in the immediate vicinity of its external borders. This is done for the sake of prosperity, stability and the spread of democratic values in the world. In this sense, a kind of the privileged region have always created the states of the Southern and Eastern or eventually Northern Mediterranean with which the European Economic Community began to develop cooperation immediately after its formation. Then since the mid-1990s, the EU set out a goal to create a Euro-Mediterranean free trade area and thus to move closer to the interlacing of the two entities in the form of integration. The outline of the process of development of Euro-Mediterranean relationships (including the changes of bilateral approaches and the conditioning factors) is the objective of this article. It is divided into three sections, which cover different stages of the development of these relationships over time and escalate in terms of two-way approaches to a new quality of cooperation (including the three stated research questions). The result of these relationships could become a Euro-Mediterranean Alliance that is outlined as a differentiated form of multilateralism in the conclusions of the paper.


2015 ◽  
Vol 3 (2) ◽  
pp. 79-89
Author(s):  
Taras Kepych

AbstractThe paper reviews the achievements to date in legal approximation in the sanitary and phytosanitary (SPS) field in Ukraine. Effective regulatory approximation in the SPS field was critical to anchoring the reform process in Ukraine and to fostering further progress in EU’s relations with this Eastern Partnership (EaP) country. This paper highlights three major problems in Ukraine that were hindering reform in the SPS field: inconsistency between Ukrainian and EU food safety legislation, lack of uniformity between animal health law regimes, absence of a single SPS regulator. Legal implementation of approximated legislation still remains as key challenge. The paper offers recommendations to improve the Ukraine’s approach so that the Deep and Comprehensive Free Trade Area (DCFTA) is part of the Association Agreement (AA) between the EU and the Republic of Ukraine could fulfill its potential.


10.23856/3007 ◽  
2018 ◽  
Vol 30 (5) ◽  
pp. 76-82
Author(s):  
Kateryna Slyusarenko ◽  
Irina Maksymova ◽  
Anastasiia Beskrovna

Foreign trade relations between Ukraine and the EU are developing under the terms of the Association Agreement coming into force. The article presents both positive and negative sides. The dynamics of foreign trade between Ukraine and the EU countries is analyzed, Ukraine's export and import structure is represented, as well as the proposed priorities of the development of foreign economic relations between Ukraine and the European Union


2016 ◽  
Vol 2 (127) ◽  
pp. 165-175
Author(s):  
O. Lytvyn

This article deals with the export potential and possibilities of the Ukrainian small and medium size enterprises in the European market as well as markets of the third countries, especially after acting of the deep and comprehensive free trade area («FTA+») between Ukraine and the EU. Most of the articles of the Association Agreement between the EU and Ukraine concern the terms of business, competition defence in the market i.e. liberalization and removal of different administrative and discriminatory measures in Ukraine. The access to the market of the EU for the domestic small and medium size entrepreneurial activity players must be considerably broaden. In the case of the European market entry, the Ukrainian businessman, adjusting to the requirements of all countries-members of the EU, will be able to get a considerable competitive advantage as a mediator or intermediate link among the economic players of the EU countries. The consequences of adaptation of the technical adjusting, corporate management, defence of consumer rights and competition are analysed at the same time. The achievement of results on these questions is non-equivalent and has contradictions in the Ukrainian terms. The unwillingness of «FTA+» is exposed by the most Ukrainian economic players in separate market niches. The main reason is the expulsing of domestic products in the internal market by the European commodities and impossible access to the EU markets due to the competition and disparity of the Ukrainian standards to the European requirements. There are recommendations in relation to the effective implementation of the foreign economic activity of small and medium size enterprises, and increase of the products’ competitiveness of the domestic producers in the European market.


Author(s):  
I. Mytsenko ◽  
◽  
M. Sukhomlyn ◽  
O. Yurchenko ◽  
◽  
...  

In modern conditions, the involvement degree of any country in the international economic relations is determined to a significant extent by the state of its foreign trade activities. For Ukraine, the European Union is a key trading partner. The signing of the Association Agreement with the EU provided Ukrainian producers with the opportunity to increase their presence in European markets, but at the same time it was accompanied by a number of problems and risks. The main ones are tariff quotas and high technical barriers to entry into the EU market. This study aims to analyze the state and development trends of foreign trade relations between Ukraine and the EU under the conditions of the Association Agreement and the resulting benefits and risks for domestic producers and, on this basis, substantiate the priorities of deepening these relations, taking into account national interests as a prerequisite for increasing the competitive economy of Ukraine. It was found that Ukraine has the potential to enhance export opportunities in general and with the European Union in particular. Amendments to the Association Agreement, the signing of the ACAA Agreement is a necessary institutional framework, a driver that will allow Ukraine to intensify, deepen and diversify its trade activities with the EU countries. It was revealed that raw materials prevail in the structure of Ukraine's merchandise exports to the EU, however, compared to 2013, its share has significantly decreased - by 14.3%. The structure of Ukraine's merchandise imports from the EU is more diversified, it is based on engineering and pharmaceutical products, as well as mineral products, polymer materials and plastics. The share of these products in the total volume of Ukraine's merchandise imports during 2013-2020 remains high and ranges from 54-56 %. Such trends testify to the import dependence of the Ukrainian economy and require an urgent solution. Based on the results of the analysis, it was determined that machinery-producing industries are promising from the point of view of further increasing the export opportunities of Ukraine to the EU. To support and develop them, it is proposed to carry out systematic and systematic measures, taking into account the obligations that Ukraine assumed by signing the Association Agreement with the EU. Special economic zones, science parks, technology parks and clusters are considered as tools to support the export potential of domestic engineering and the economic potential of the national economy. The effectiveness of these structures has been confirmed by numerous studies and successful international experience.


2017 ◽  
Vol 17(32) (2) ◽  
pp. 199-210
Author(s):  
Karolina Pawlak

The aim of the paper was to assess the importance of the bilateral turnover to the EU and the US foreign trade in agri-food products in 2001-2016, as well as to define the possibilities of its development after signing the TTIP Agreement. The research is based on the data from the ComExt Database in the resources of the Statistical Office of the European Union (Eurostat) and the USDA Foreign Agricultural Service's Global Agricultural Trade System. It was proved that in 2001-2016 the EU and the US were important trade partners for each other, but the value of bilateral trade in agri-food products remained relatively small, largely due to low complementarity of the Polish and American agriculture and the resulting minor demand for agricultural products from the temperate zone in the US. These products are made in the US, usually at a lower cost, and they are the export surplus of this country. The way to intensify the EU-US bilateral trade may be to develop a transatlantic free trade area, resulting in a strong effect of trade creation between the TTIP parties, with a limited impact on the relationship with other trading partners.


2020 ◽  
pp. 123-139
Author(s):  
Grzegorz Bywalec ◽  

Purpose – This article attempts to identify and assess trade exchange between the European Union and India, including an indication of the main determinants of the process. Research method – Descriptive analysis based on numerical data from various statistical sources together with a review of specialist literature. Results – Trade exchange between the EU and India is particularly important for India. Exports to the EU account for around 17-20% of Indian exports in total. On the other hand, the EU’s share in Indian imports amounts to 10-12% of all imported goods. Trade with India looks different from the EU side. India’s share in both exports and imports presents a margin for EU trade in goods of 2-3%. The share of services in the trade between the EU and India is high. It accounts for 25-30% of mutual turnover. These are usually modern services based on the offshoring principles, such as IT, business, transport, consulting, science, and tourism. Among the European Union Member States, India’s main trading partners in goods are Germany, the United Kingdom, Belgium, France, the Netherlands, and Italy. These six countries account for ca. 85% of the EU-India trade exchange. In 2007, negotiations started to create an EU-India Free Trade Area. Due to the large differences in the positions of both parties, these discussions were not finalised and were subsequently suspended in 2013. However, after the reactivation of talks in 2016, there is still a possibility for the creation of an EU-India Free Trade Area of 1.8 billion people. Originality /value / implications /recommendations – At the beginning of the 21 st century, in terms of GDP (according to PPP), the European Union (understood as one economic entity) became the second largest economic power globally (after China), while India advanced to fourth position (after China, the EU and the USA). An analysis of trade exchange between these two economic powers allows for a clearer understanding of the modern global economy, as well as the processes and mechanisms of its functioning.


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