State regulation of trade activity in Ukraine in the contex of modern global challenges

Abstract

The article analyzes the current state of legal regulation of trade activities in Ukraine and its impact on current global challenges. The topic’s relevance is due to the growing importance of the role of both domestic and international trade and the need to create effective mechanisms of state regulation to ensure the country’s economic development and its integration into the world market.
 The study aims to analyze the changes in state regulation of trade in Ukraine caused by global challenges, particularly the war in Ukraine.
 To achieve this goal, the research methods used were analyzing regulatory acts and scientific works by scientists, as well as studying statistical data, expert opinions, and reports.
 The study results show that Ukraine has made significant progress in implementing state regulation mechanisms, such as tariffs, licenses, quotas, currency controls, trade agreements, and subsidies. Ukraine has undergone significant changes in its foreign trade policy, especially regarding the direction and position of the EU and the refusal to cooperate with Russia and Belarus. Before the outbreak of the full-scale war, most of Ukraine’s trade was carried out by the sea. However, since March, there has been a shift in trade activity toward land transportation. Moreover, the EU has become both a transit and consumer market for Ukraine, which has implications for the structure and volume of the country’s trade.
 The article reveals and systematizes the news of the legislative framework related to tariff regulation, licensing, and quotas for trade activities. The practical significance of this study lies in the possibility of its use for enterprises engaged in foreign economic activity in Ukraine under martial law.