Abstract

The article attempts to determine the current state of trade relations with some countries of the post-Soviet space. The article is of an overview nature. The article determines that the Russian Federation continues to be one of the most significant trading partners of Ukraine, despite attempts to terminate the agreement from such a partnership. The article states that cooperation with the European Union for Ukraine is an important condition for its integration into the world community, one of the aspects of the success of democratic transformations and the transition to full-fledged market relations, especially now that the EU has become Europe’s largest center for economic and political development, an example of completely new relations between states. It is determined that trade and economic cooperation between Ukraine and Latvia is one of the fundamental foundations of bilateral relations. A gradual increase in the foreign trade turnover between Ukraine and Latvia is now forecasted according to the results of 2019 and in the medium term, taking into account the current tendency to increase sectoral interaction based on the results of the 7th meeting of the Ukrainian-Latvian Intergovernmental Commission on Economic, Industrial, Scientific and Technical Cooperation. It is concluded that export-import operations with partners from Russia, despite the tension in relations, occupy a leading position. The second strategic partner of Ukraine, this is Lithuania, I would like to note the positive trends in trade relations, which almost doubled. This trend suggests that Ukraine is still changing the foreign trade vector towards the post-Soviet countries are already members of the European Community.

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