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The Economic Relations Between Ukraine and Russia at the Present Stage

Leonid Gusev
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Leonid Gusev: Analytical Center of Institute of International Studies of MGIMO-University of MFA of Russia., Russia

The Russian Academic Journal, 2015, vol. 34, issue 4

Abstract:

The article deals with contemporary economic relations between Russia and Ukraine. It is said that Russia remains the main foreigntrade partner of Ukraine. Adequate replacement of the Russian market of European market did not happen. But it is pointed out thatfor the first six months of 2015 60 percent of trade turnover with Ukraine were lost. The most sensible loss for Russia - Ukrainian gasmarket. Also according to the calculations of the Moscow World Trade Center many non-commodity exports fell. Examples are shown.It is also said that there are products whose export from Russia to Ukraine in the last year managed to increase. At the end it is statingwhat trade relations between Ukraine and Russia might be in 2016. Some examples of Russian investments in Ukrainian companies andUkrainian into Russian are shown.

Keywords: economic relations, trade partner, exports to Ukraine, gas market, investments (search for similar items in EconPapers)
Date: 2016-02-10
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