Doing Business in Ukraine

EENI- School of International Business

Subject - Doing Business in Ukraine. Kiev. Syllabus:

  1. Introduction to Ukraine (Eastern Europe)
  2. The Economy of Ukraine
  3. Doing Business in Kiev
  4. The Ukrainian Foreign Trade
  5. The EU relations with Ukraine
  6. The Foreign Direct Investment (FDI) in Ukraine
  7. Access to the Ukrainian Market
  8. Business Plan for Ukraine

The objectives of the subject “Doing Business in Ukraine” are the following:

  1. To analyse the Ukrainian Economy and Foreign Trade
  2. To evaluate the business opportunities in the Ukrainian market
  3. To analyse the trade relations of Ukraine with the country of the student
  4. To know the free trade agreements of Ukraine
  5. To develop a business plan for the Ukrainian Market
The subject “Foreign Trade and Business in Ukraine” is studied...
  1. Doctorate: Europe
  2. Professional Master's Programs (e-learning): International Business, Emerging Markets
  3. Course: Eastern Europe

Version of the Doctorate / Master adapted to the Ukrainian Students

Course learning materials in English + Spanish Ucrania French Ukraine Portuguese Europe.

  1. Credits of the subject “Doing Business in Ukraine”: 1 ECTS
  2. Duration: one week

Description of the Subject: Doing Business in Ukraine

Ukraine

  1. Capital: Kiev
  2. Official Language: Ukrainian (Russian is widely used)
  3. Area: 603,550 square kilometres
  4. The Ukrainian Population: 42.5 millions of people
  5. Type of Government: Semi‑presidential Republic
  6. Borders of Ukraine: Belarus, Russia, Poland, Slovakia, Hungary, Romania and Moldova
  7. Ukraine is a Slavic country
  8. Independence: 1992 (Soviet Union)
  9. Ukraine has the second largest army in Europe

The main religion of Ukraine: Orthodoxy (Christianity), despite the fact that most Ukrainians declare themselves atheists

  1. The Greek-Catholic Church of Ukraine

Ukraine belongs to the Economic Area of the Orthodox Civilisation

European Union-Ukraine Association Agreement

The Economy of Ukraine.

  1. Ukraine is a middle-income economy (World Bank)
  2. Ukraine is an Emerging market
  3. Economic recession in 2008-09
  4. The annexation of the Crimean peninsula by Russia in 2014 and the war in Donbass in 2014 seriously damaged the Ukrainian economy. Since then, the foreign trade between Russia and Ukraine has virtually disappeared
  5. The Ukrainian GDP (nominal): 90,524 millions of dollars
    1. Agriculture: 10%
    2. Industry: 32%
    3. Services: 58%
  6. GDP per capita: 2,000 dollars
  7. The Ukrainian Currency: Grivna
  8. Ukraine is famous for its aircraft (Antonov), transport vehicles (KPA trucks), space and missile aircraft
  9. In Ukraine, there are twelve car manufacturers: ZAZ, LuAZ, Bogdan, KrAZ, Eurocar, Electron, LAZ. ZAZ (Factory of Cars of Zaporizhia) is the main car-maker of Ukraine
  10. Ukraine also produces coal, electrical energy, machines, chemical products, food products (sugar)
  11. About 80% of the Russian gas enters into the European markets through Russia-controlled gas pipelines
  12. Ukraine is considered a country with high corruption
  13. Ukraine is developing an important tourism sector
  14. The Russian businessman Alexander Lebedev controls the Ukrainian bank Energo

The Ukrainian Foreign Trade.

  1. Main Ukrainian Exports: ferrous and non-ferrous metals, fuels and petroleum products, chemical products, machinery and transportation equipment, food products
  2. Main Ukrainian exports are destined to the European Union (40%) and Commonwealth of Independent States (CEI)
  3. Main Ukrainian Imports: natural gas, machinery and equipment, chemical products
  4. Russia is its main supplier of gas and oil

International economic relations of Ukraine

EFTA-Ukraine Free Trade Agreement

  1. European Free Trade Association (EFTA)-Ukraine Free Trade Agreement
  2. Free trade agreements of Ukraine with Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, the Kyrgyz Republic, Serbia, Tajikistan, Turkmenistan, Uzbekistan
  3. Free trade agreements of Ukraine in negotiation: Canada, Singapore
  4. Organisation of the Black Sea Economic Cooperation (BSEC)
  5. Regional Organisation for Democracy and Economic Development (GUAM)
  6. Central European Initiative (CEI)
  7. Commonwealth of Independent States (CEI)
  8. Council of the Baltic Sea States
  9. The European Union and Ukraine
    1. Black Sea Synergy (EU)
    2. Ukraine-EU Association Agreement
    3. European Neighbourhood Policy
    4. EU Eastern Partnership
  10. United Nations
  11. World Bank
  12. World Trade Organisation
  13. Economic Commission for Europe (UNECE)
  14. International Monetary Fund (IMF)
  15. Organisation for Security and Cooperation in Europe (OSCE)

Ukraine is an observer country of the:

  1. Eurasian Economic Community (EurAsEC)
  2. Association of the Caribbean States (AEC)
  3. Latin American Integration Association (ALADI)

Examples of the subject - Foreign Trade and Business in Ukraine:

Commonwealth of Independent States (CEI)

Eurasian Economic Union

Alexander Lebedev Russian Businessman

Black Sea Synergy

Regional Organisation Economic Development (GUAM)



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