World economy and international economic relations

Deep and Comprehensive Free Trade Area between Ukraine and EU (DCFTA): realities and prospects

Economic Annals-XXI

Economic Annals-ХХI: Volume 155, Issue 11-12, Pages: 10-13

Citation information:
Duginets, G., & Tronko, V. (2015). Deep and Comprehensive Free Trade Area between Ukraine and EU (DCFTA): realities and prospects. Economic Annals-XXI, 155(11-12), 10-13. https://ea21journal.world/index.php/ea-v155-02/

View Full TextDownload PDF

Ganna Duhinets
PhD (Economics),
Associate Professor,
Kyiv National University of Trade and Economics
19 Kyoto Str., Kyiv, 02156 Ukraine
a.duginets@yandex.ru

Vira Tronko
PhD (Economics),
Associate Professor,
Kyiv National University of Trade and Economics
19 Kyoto Str., Kyiv, 02156 Ukraine
vera.tronko@gmail.com

Deep and Comprehensive Free Trade Area between Ukraine and EU (DCFTA): realities and prospects

Abstract. The purpose of the article is to study the real conditions of coming into effect of the Agreement on the Deep and Comprehensive Free Trade Area between the EU and Ukraine (DCFTA) and future prospects from its implementation for Ukrainian enterprises. The current state of trade relations between the EU and Ukraine is analyzed. The main obstacles to the entry of Ukrainian SMEs into the EU market are determined. A conclusion is drawn that the current trade preferences have not given the desired effect, and the readiness of Ukrainian companies to supply the EU turned out to be low. The ability to integrate Ukrainian enterprises into global value chains (GVC) and the development of import substitution in the national economy are identified and proved to be prospects of implementing the DCFTA.

Keywords: Free Trade Zone; Export; Import; Standardisation; SMEs; Global Value Chain

JEL Classіfіcatіon: F150; F190

References

  1. Hladii, I. I., & Zvarych, I. I. (2011). International production networks in Europe. Ternopil: Ekonomichna dumka (in Ukr.).
  2. Prokopenko, L. L. (2008). Promotion of regional cooperation in the context of European integration. Dnipropetrovsk: DRIDU NADU (in Ukr.).
  3. Kish, Ye. Cross-border cooperation and regional policy of the European Union. Retrieved from http://ewi.org.ua/chastyna-1 (in Ukr.)
  4. Kuibida, V., Tkachuk, A., & Zabukovets-Kovachych, T. (2010). Regional policy: the legal regulation. Experience in Ukraine and throughout the world. Kyiv: Lesta (in Ukr.).
  5. Betlii O., Ryzhenkov, M., Kravchuk, K., Kravchuk, V., Kosse, I., Halko, S., Naumenko, D., Movchan, V., Burakovskyi, I., & Kuznetsova, H. (2014). The economic component of the Ukraine–European Union Association Agreement: implications for business, population and public administration. Kyiv: Alfa-PIK (in Ukr.).
  6. Burakovskyi, I., Movchan, V., & Viter, O. (2004). The extension of the European Union and its impact on relations between Ukraine and the neighbouring countries of Central Europe. Kyiv: K.I.S. (in Ukr.).
  7. The impact of the European Union free trade area on the economy of Ukraine. Kyiv: International Centre for Policy Studies (in Ukr.).
  8. Koopman, R., Powers, W., Wang, Z., & Wei Shang-Jin (2010). Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains. Cambridge: National Bureau of Economic Research.
  9. Koopman, R., Wang, Z., & Wei Shang-Jin (2012). Tracing Value-Added and Double Counting in Gross Exports. Cambridge: National Bureau of Economic Research.
  10. The free trade area between Ukraine and the EU.
    Retrieved from http://eeas.europa.eu/delegations/ukraine/eu_ukraine/trade_relation/free_trade_agree­ment/index_uk.htm
  11. Economic consequences of the Ukraine–European Union Association Agreement (2014). Kyiv: PRES-RELIZ (in Ukr.).
  12. The official website of the State Statistics Service of Ukraine.
    Retrieved from http://www.ukrstat.gov.ua/ (in Ukr.)
  13. Liapin, D. (2015). A broader insight into SME. Dilovyi visnyk (The Business Herald), 10(257), 30-32 (in Ukr.).
  14. EU Strategic Partnership with the Mediterranean and the Middle East.
    Retrieved from http://consilium.europa.eu/uedocs/cmsUpload/Partnership%20 Mediterranean%20and%20Middle%20East.pdf
  15. European Neighbourhood and Partnership Instrument Eastern Regional Programme Strategy.
    Retrieved from http://ec.europa.eu/world/enp/pdf/country/ enpi_eastern_rsp_en.pdf

Received 4.11.2015

View Full TextDownload PDF
In, , , , , , ,

More Papers