Ukrainian-Russian trade and economic relations under global integration

Abstract

Examining Ukraine’s trade and economic cooperation with the Russian Federation (RF), as they integrate their economies into the world economy, the author of this article focuses on the integrative priorities of both countries: cooperation within the framework of CIS, BSEC. SES, EU, WTO and other organizations. Moreover, the author considers the possibility of converging the actions of Ukraine and Russia within the context of their accession to the WTO or coordinating with Russia the accession of Ukraine to the WTO. In analyzing the integrative priorities of Ukraine and Russia, the author offers his scenarios for the development of Ukrainian-Russian relations.

Keywords

• international economic integration (IEI)
• Commonwealth of Independent States (CIS)
• Single Economic Space (SES)
• Black Sea Economic Cooperation (BSEC)
• World Trade Organization (WTO)
• European Union (EU)