Specifics of customs relations of Ukraine with european trading partners

Abstract

Methods. The results of the study are obtained by applying the methods of synthesis and generalisation to study the legislative and practical aspects of customs cooperation, as well as to highlight the prospects for cooperation between Ukraine and the European Union in the field of trade. In order to scientifically address the identified issues, the author also used the methods of analysis and comparison to study the dynamics of Ukraine’s foreign trade in goods with certain EU countries; and the abstract and logical method to formulate conclusions. Results. The study analyses Ukraine's foreign trade and customs relations with the European Union. In particular, the dynamics of foreign trade in goods is analysed and the volumes of exports and imports with different EU countries are compared. The study considers both legislative and practical aspects of customs cooperation between Ukraine and the European Union. Novelty. As a result of the analysis of Ukraine’s customs relations with its main trading partner countries of the European Union, it is found that the current stage of implementation of Ukraine’s customs policy is marked by a constant increase in international trade and the complexity of trade processes. The advantages and challenges faced by Ukraine in expanding and improving trade relations with the European Union are identified. Practical value. The study is of practical importance for Ukraine’s economic development in the context of European integration. By analysing trade and economic relations between Ukraine and the European Union, the key aspects of Ukraine’s accession to the free trade area with the EU are identified and its results are revealed. The impact of the Russian aggression on foreign trade and customs relations with the EU is studied. The approximation of Ukrainian legislation to EU standards is identified as a key factor that will contribute to the effective implementation of customs policy and create a favourable environment for improving trade processes, taking into account active cooperation with European partners.