Business in Ukraine, Kiev

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

1. To analyze the Ukrainian Economy and Global 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 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 Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: + Ucrania Ukraine Ucrânia.

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

Transport Corridors related to Ukraine

1. Europe-Caucasus-Asia Corridor
2. North-South Corridor (India-Russia)

Ukrainian Preferential Access and Trade Agreements:

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

1. WTO
   1. Agreement on Sanitary and Phytosanitary Measures
   2. GATS
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. COTIF Convention (Rail)
4. BIC
5. Chicago Convention (ICAO)
6. IMO 
   1. Istanbul Convention
7. Customs Convention on Containers
8. CMR Convention (UN)
9. CIM & CIT Rules (Rail)
10. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
11. OSJD

European Organizations:

1. UNECE
2. OSCE

Global Organizations:

1. UN
2. WB
3. WTO
4. IMF

Ukraine is an observer country

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

The Republic ok Ukraine

1. Ukrainian Capital: Kiev
2. Official Language: Ukrainian (Russian is widely used)
3. Area of Ukraine: 603,550 km²
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 (WB)
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 EU (40%) and the 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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