Doing Business in Ukraine

The objectives of the subject “International Trade and Business in” Ukraine” are the following:

1. To analyze the Ukrainian Economy and International Trade;
2. To know the business opportunities in the Ukrainian market;
3. To analyze the trade relations of Ukraine with the country of the student;
4. To know the Ukraine Free Trade Agreements;
5. To develop a business plan for the Ukrainian Market.

The Subject “Foreign Trade and Business in Ukraine” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate (DIB): European Business, World Trade.

Masters (MIB): International Business, Foreign Trade.

Learning materials in + Ucrania Ukraine Ucrânia.

1. Credits of the Subject “International Trade and Business in” Ukraine”: 1 ;
2. Duration: one week.

1. Transport Corridor Europe-Caucasus-Asia (TRACECA);
2. International North-South Transport Corridor (India-Russia);
3. Access to the
   1. China-Central Asia-West Asia Economic Corridor;
   2. North Sea-Baltic Transport Corridor;
   3. Baltic-Adriatic Transport Corridor;
   4. Trans-Caspian Trade and Transit Corridor (Central Corridor);
   5. Pan-European Corridor II.

Ukrainian Preferential Access and Free Trade Agreements:

1. Ukraine and the Orthodox Economic Area;
2. Organization of the Black Sea Economic Cooperation (BSEC);
3. Regional Organization for Democracy and Economic Development (GUAM);
4. Central European Initiative (CEI);
5. European Free Trade Association (EFTA)-Ukraine Free Trade Agreement (FTA);
6. Belarus-Kazakhstan-Russia-Ukraine Common Economic Space;
7. Armenia-Ukraine Free Trade Agreement;
8. Ukraine-Azerbaijan Free Trade Agreement;
9. Ukraine-Belarus Free Trade Agreement;
10. Ukraine-Kazakhstan Free Trade Agreement;
11. Ukraine-Macedonia Free Trade Agreement;
12. Ukraine-Moldova Free Trade Agreement;
13. Ukraine-Tajikistan Free Trade Agreement;
14. Ukraine-Turkmenistan Free Trade Agreement;
15. Ukraine-Uzbekistan Free Trade Agreement;
16. Ukraine-Montenegro Free Trade Agreement;
17. Georgia-Ukraine Free Trade Agreement;
18. Georgia-Moldova-Ukraine-Azerbaijan Free Trade Agreement (FTA);
19. Ukraine-Israel Free Trade Agreement;
20. United Kingdom-Ukraine Free Trade and Economic Integration Agreement;
21. Canada-Ukraine Free Trade Agreement;
22. Kyrgyz Republic-Ukraine Free Trade Agreement;
23. Serbia-Ukraine Free Trade Agreement;
24. Free trade agreements of Ukraine under negotiation: Canada, Singapore;
25. The European Union and Ukraine
    1. Black Sea Synergy (EU);
    2. Ukraine-EU Association Agreement;
    3. European Neighborhood Policy;
    4. EU Eastern Partnership.

1. World Trade Organization (WTO)
   1. WTO Agreement on Sanitary and Phytosanitary Measures (SPS);
   2. WTO General Agreement on Trade in Services (GATS);
   3. WTO Agreement on Technical Barriers to Trade (TBT);
   4. WTO Agreement on Preshipment Inspection (PSI);
   5. WTO Agreement on Safeguards (SG);
   6. WTO Trade Facilitation Agreement (TFA).
2. World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC).
3. Convention concerning International Carriage by Rail (COTIF);
4. International Bureau of Containers and Intermodal Transport (BIC);
5. International Civil Aviation Organization (ICAO, Chicago Convention);
6. International Maritime Organization (IMO) 
   1. Convention Relating to Temporary Admission (Istanbul Convention).
7. Customs Convention on Containers (CCC, UN);
8. Convention on the Contract for the International Carriage of Goods by Road (CMR, UN);
9. Uniform Rules concerning the Contract of International Carriage of Goods by Rail (CIM, CIT);
10. International Road Transport Union (IRU)
    1. TIR Convention;
    2. Guidelines on Safe Load Securing for Road Transport.
11. Organization for Cooperation between Railways (OSJD).

European Trade and Economic Organizations:

1. Economic Commission for Europe (UNECE);
2. Organization for Security and Cooperation in Europe (OSCE).

Global Organizations:

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN);
   3. World Intellectual Property Organization (WIPO).
2. World Bank (WB);
3. World Trade Organization (WTO);
4. International Monetary Fund (IMF).

Ukraine is an observer country

1. Association of Caribbean States (AEC);
2. Council of the Baltic Sea States (CBSS);
3. Latin American Integration Association (ALADI).

Ukraine was an observer member of the Eurasian Economic Community (EurAsEC) - Succeeded by the Eurasian Economic Union (EAEU).

The Republic ok Ukraine

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

Main religion in Ukraine: Orthodoxy (Christianity), despite the fact that most Ukrainians declare themselves atheists.

1. Greek-Catholic Church of Ukraine.

Ukraine belongs to the Orthodox Economic Area.

Economy of Ukraine.

1. Ukraine is a middle-income economy (World Bank);
2. Ukraine is an Emerging market;
3. 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;
4. Ukrainian GDP (nominal): 90,524 million dollars;
   1. Agriculture: 10%;
   2. Industry: 32%;
   3. Services: 58%.
5. GDP per capita of Ukraine: 2,000 dollars;
6. Ukrainian Currency: Grivna;
7. Ukraine is famous for its aircraft (Antonov), transport vehicles (KPA trucks), space and missile aircraft;
8. 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;
9. Ukraine also produces coal, electrical energy, machines, chemical products, food products (sugar);
10. About 80% of the Russian gas enters into the European markets through the Russia-controlled gas pipelines;
11. Ukraine is considered a country with high corruption;
12. Ukraine is developing an important tourism sector;
13. The Russian businessman Alexander Lebedev controls the Ukrainian Bank Energo.

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 (CIS);
3. Main Ukrainian Imports: natural gas, machinery and equipment, chemical products;
4. Russia is its main gas and oil supplier.

(c) EENI Global Business School (1995-2023)
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