THE FIRST RESULTS OF THE EU-UKRAINE AGREEMENT ON DEEP AND COMPREHENSIVE FREE TRADE AREA

Abstract

The article discusses the current trends of foreign trade relations between Ukraine and the EU under conditions of entry into force of the agreement on deep and comprehensive free trade area. The features of the transformation of foreign trade regime of the parties under the provisions of Title IV of the Association Agreement "Trade and issues related to trade" are specified. It is revealed that, since 2014, EU-Ukraine trade liberalization have been taking place on asymmetric basis. By the end of transition period in 2026, Ukraine will keep higher level of tariff protection in trade in certain agricultural goods. The dynamics and structure of EU-Ukraine trade in goods and services are analyzed. The author emphasizes that despite the growth in bilateral trade flows in 2016, Ukrainian imports from the EU grows faster than its exports to European market. The key reasons for this trend are the raw material orientation of domestic exports and the dependence on imported finished products with high added value. To confirm the suggestions set out in the article, trade complementarity and revealed competitive advantage indices are calculated. Prospects of EU-Ukraine trade and economic relations development under conditions of integration processes are defined. The effect of tariff quotas on dynamics of export supplies of domestic agricultural products and processed food to the European market is investigated. It is demonstrated that EU tariff quotas are not restrictive for Ukrainian suppliers, even under conditions of imposing high import tariffs on exceeding amounts of goods. The main barriers to EU-Ukraine trade in goods and services are revealed. The author pays attention on restrictive nature of non-tariff barriers to EU-Ukraine trade, TBTs and SPSs in particular.

Authors and Affiliations

E. I. Ivanov

Keywords

Related Articles

FORMATION OF THE INVESTMENT ENVIRONMENT OF UKRAINE AS A FACTOR OF DEVELOPMENT OF EXPORTS POTENTIAL OF ENTERPRISES

The functioning of the inner market is one of the determinants that forms an export-oriented model of Ukraine's economic development. The growth of its competitiveness is directly proportional to the development of forei...

USAGE OF MATRIX TOOLS IN STRATEGIC MARKETING PLANNING OF DOMESTIC INDUSTRIAL ENTERPRISES ACTIVITIES

The article proposes the usage of the Shell/DPM matrix based on two parameters: changes in the sales market volume of the enterprises and the actual market share of the enterprises (in terms of sales volume), in the stra...

CURRENT PROBLEMS OF ECONOMIC AND LEGAL REGULATION OF RURAL GREEN TOURISM IN UKRAINE

To date, there are a number of economic and legal problems regarding the development of rural green tourism. Existing normative legal acts are not able to cover and regulate the circles of relations that are formed betwe...

CONSOLIDATION PROCESSES IN THE BANKING SECTOR OF UKRAINE: STAGES OF DEVELOPMENT AND FACTORS OF ACTIVATION

The article deals with the main stages of development of consolidation processes in Ukraine, depending on the country’s economic cycles. It is determined, which basic forms of consolidation prevail at different stages of...

CURRENT STATE AND TRENDS OF BUILDING INDUSTRY DEVELOPMENT

Nowadays the most important issue is attraction of investment resources because investment activity is the main factor of development of all economic spheres especially capital-intensive as construction. Construction ind...

Download PDF file
  • EP ID EP538729
  • DOI -
  • Views 128
  • Downloads 0

How To Cite

E. I. Ivanov (2017). THE FIRST RESULTS OF THE EU-UKRAINE AGREEMENT ON DEEP AND COMPREHENSIVE FREE TRADE AREA. Проблеми системного підходу в економіці, 2(58), -. https://europub.co.uk/articles/-A-538729