ПЕРСПЕКТИВИ РОЗШИРЕННЯ УГОДИ ПРО ЗОНУ ВІЛЬНОЇ ТОРГІВЛІ З ДЕРЖАВОЮ ІЗРАЇЛЬ НА СФЕРУ ПОСЛУГ

Abstract

The critical role of the state’s trade policy in the development of Ukraine's integration potential and the key role of services in international trade are emphasized. The prospects for the development of Ukraine's integration potential through the expansion of the Free Trade Agreement with the State of Israel to trade in services are highlighted. The analysis of the data taken from the State Statistics Service of Ukraine allows to consider the dynamics of exports, imports, balance of trade in goods and services between Ukraine and the State of Israel for the period of 2016 and 2021. The results show that the integration relations between the countries are strengthened primarily thanks to the exports: in 2016, the exports of goods and services – 657.0 mln USD, and in 2021 – more than 1,0 bln USD, i.e. increased 1.6 times, while the imports of goods and services in 2016 –204.4 mln USD, and in 2021 – 267.6, i.e. grew 1.3 times. In the context of the signed Free Trade Agreement, it is emphasized that the exports of goods rose by 23% in 2021, and the exports of services – by 27% compared to 2020. The balance in trade in both goods and services has been positive. The share of exports of services in all exports of goods and services of Ukraine to the State of Israel has been growing and in 2021 it reached 29% which also confirms the necessity to develop Ukraine’s integration potential by covering trade in services in the expanded FTA. The types of exported and imported services are presented. According to the State Statistics Service of Ukraine, the main types of services exported to Israel are the services in the sphere of telecommunications, computer and information services – 232 mln. USD, or 63%, with positive balance of 226 mln. USD and transport services – 117 mln. USD, or 32%, with positive balance of 94 mln. USD. The main types of services imported from the State of Israel are the transport services – 24 mln. USD or 59% and services in the sphere of telecommunications, computer and information services – 6.4 mln. USD or 16%. The trade in services of innovative nature are also to be covered by the FTA