Ukraine Between The EU And The CES In Global Instability

Abstract

The article reviews functioning and development of the European Union (EU) and the Common Economic Space (CES) in the global instability and substantiates the equal significance of Ukraine’s integration with these regional associations in today’s environment. This conclusion is based upon the current state of Ukraine’s trade and economic relations with the countries taking part in these integration associations, and the probability of: 1) the EU’s abstaining from admitting new members until the EU structure improves, or admitting new members while changing the mechanism of interaction within the EU and setting more stringent admission criteria, 2) changes in the terms of trade of Ukraine with the CES member states due to its transformation into the Eurasian Economic Community (EEC).

Keywords

• Global instability
• the EU development strategy
• the EU structure
• euro-zone
• Ukraine’s accession to the EU
• the CES development strategy