Zadorozhnyi Oleksiі, student of the Bachelor’s degree Department of Enterprise Management, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute»

ORCID ID: 0000 0002 4879 1230
e-mail: azadoroznyj963@gmail.com

Melnykova Valeria, senior lecturer at the Department of Enterprise Management, PhD (specialty 073 Management), National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute»

ORCID ID: 0000 0003 3748 5892
e-mail: melnykovalera@gmail.com

Development of Trade and Economic Relations Between Ukraine and the Kingdom of the Netherlands: Dynamics and Prospects

Abstract. Introduction. In this article, based on the analysis of the development of trade and economic relations between Ukraine and the Netherlands, was found that the Netherlands is one of the largest investors in Ukraine in recent years. According to the results of the analysis, it is found that metallurgy, agro-industrial complex, mechanical engineering, IT industry, oil and fat industry are the most popular industries in trade and economic cooperation between the countries today.

Purpose. The aim of the work is to identify the effectiveness of trade and economic relations between Ukraine and the Netherlands based on a study of the dynamics of the impact of economic indicators on the structure of Ukraine’s economy.

Results. The dynamics of trade and economic cooperation between Ukraine and the Netherlands for the period 2014-2021 is studied. The existing volumes of trade between countries and attracting foreign direct investment as of 2020-2021, as well as export and import structures are analyzed. Examples of qualitatively new content of cooperation between Kyiv and Amsterdam are given, in particular, the establishment of agreements on a number of reclamation measures in Ukraine with the assistance of the Kingdom, which will generally help to improve the environmental situation. Potentially attractive sectors of Ukraine’s economy for European investors have been identified, among which are the agro-industrial complex, metallurgy, oil and fat industry, IT sector, mechanical engineering, mining, etc. The key principles on which cooperation with the Netherlands should be based are outlined and the priority areas of relations with the EU countries are described. We have suggested the ways to increase the competitiveness of domestic products in European markets based on the experience of partner countries, including the creation of an effective system for certification of export products in Ukraine and a temporary reduction in value added tax.In this research were used general scientific methods of induction, deduction, dynamics, statistics, etc.

Conclusions. Conclusions are made on the current state of Ukrainian-Dutch relations. Opportunities and prospects for the development of bilateral relations in the near and long term are outlined.Promising areas of trade and economic cooperation between Ukraine and the Netherlands have been found, such as: mining and development of the machine-building industry with the investment participation of the Kingdom.

Keywords: trade and economic relations; economic cooperation; development; investments; investment climate; export; imports.

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