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Opportunities and Threats of Ukraine WTO Membership to the Production and Foreign Trade of Grain Crops with the EU and Customs Union and EurAsEC
Authors: Kyzym M. O., Yaroshenko I. V., Matyushenko I. Yu., Semyhulina I. B., Makhansova Yu. M.
Number of views: 409
The article deals with the problem of the consequences for Ukraine from its
membership in the WTO, for Ukraine’s production and foreign grain crops
trade with the EU and the Customs Union (CU), the Eurasian Economic Community.
It was determined that Ukraine is among the absolute world leaders
in the production and export of grain crops and sunflower oil from domestic
raw materials. The commodity structure of exports and imports of agricultural
products was analyzed. The situation and changes in the market of
grain crops and its products after the WTO accession were examined. The
negative factors of the relevant market of cereals crops and its products were
identified. It was determined that Ukraine's foreign trade with third countries
which are not members of the EU and CU after joining the WTO has expanded
considerably and has more promising areas for further expanding markets
than with the EU and CU. It was proved that the largest importer of domestic finished grain products is Russia. It was determined that the domestic market
in Ukraine is quite open to imports of cereals and their products. The situation
and changes in the market of sunflower seeds and sunflower oil after
Ukraine's accession to the WTO was examined. It was defined that the production
of sunflower oil in Ukraine is export oriented activity. The analysis of
export-import operations in Ukraine with the EU and CU led to the conclusion
that these markets are closed for former Soviet Union producers. It was determined
that the domestic market of Ukraine in terms of its own resource base
(sunflower seeds) for the production of sunflower oil is secure enough. It was
proved that for effective development of domestic markets of these goods,
Ukraine needs to develop other areas of foreign trade integration.