{"id":17189,"date":"2022-04-20T12:29:27","date_gmt":"2022-04-20T09:29:27","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=17189"},"modified":"2022-05-11T21:16:04","modified_gmt":"2022-05-11T18:16:04","slug":"development-of-trade-and-economic","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/development-of-trade-and-economic\/","title":{"rendered":"Zadorozhnyi \u041e., Melnykova V. Development of Trade and Economic Relations Between Ukraine and the Kingdom of the Netherlands: Dynamics and Prospects"},"content":{"rendered":"

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JEL Classification<\/strong>: F10, F15, F21<\/em>
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V31(2022)-6<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Zadorozhnyi Oleksi\u0456, <\/strong>student of the Bachelor’s degree Department of Enterprise Management, National Technical University of Ukraine \u00abIgor Sikorsky Kyiv Polytechnic Institute\u00bb<\/p>\n

ORCID ID:<\/strong> 0000 0002 4879 1230<\/a>
\ne-mail:<\/strong> azadoroznyj963@gmail.com<\/span><\/a><\/p>\n

Melnykova Valeria, <\/strong>senior lecturer at the Department of Enterprise Management, PhD (specialty 073 Management), National Technical University of Ukraine \u00abIgor Sikorsky Kyiv Polytechnic Institute\u00bb<\/p>\n

ORCID ID:<\/strong> 0000 0003 3748 5892<\/a>
\ne-mail:<\/strong> melnykovalera@gmail.com<\/span><\/a><\/p>\n

<\/h2>\n

Development of Trade and Economic Relations Between Ukraine and the Kingdom of the Netherlands: Dynamics and Prospects<\/strong><\/h2>\n

Abstract. Introduction<\/strong>. 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.<\/p>\n

Purpose. <\/strong>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.<\/p>\n

Results. <\/strong>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.<\/p>\n

Conclusions. <\/strong>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.<\/p>\n

Keywords:<\/strong> trade and economic relations; economic cooperation; development; investments; investment climate; export; imports.<\/p>\n

References:<\/strong><\/p>\n

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  1. Association Agreement between Ukraine and the EU : \u043efficial site of the Ministry of Foreign Affairs of Ukraine. 2021. Retrieved from : https:\/\/mfa.gov.ua\/yevropejska-integraciya\/ugoda-pro-asociaciyu-mizh-ukrayinoyu-ta-yes [in Ukrainian].<\/li>\n
  2. 10 facts about Russia’s armed aggression against Ukraine : \u043efficial site of the Ministry of Foreign Affairs of Ukraine. 2019. Retrieved from : https:\/\/mfa.gov.ua\/10-faktiv-pro-zbrojnu-agresiyu-rosiyi-proti-ukrayini [in Ukrainian].<\/li>\n
  3. Bilateral trade and economic cooperation (trade and investment) : \u043efficial site of the Embassy of Ukraine in the Kingdom of the Netherlands. 2021. Retrieved from : https:\/\/afly.co\/2417 [in Ukrainian].<\/li>\n
  4. Geographical structure of Ukraine’s foreign trade in goods : \u043efficial site of the State Statistics Service of Ukraine. 2021. Retrieved from : http:\/\/www.ukrstat.gov.ua\/operativ\/operativ2021\/zd\/ztt\/ztt_u\/ztt1121_ue.xls [in Ukrainian].<\/li>\n
  5. Raw material economy. What Ukraine bought and sold in 2021. Business Censor. Retrieved from : https:\/\/biz.censor.net\/resonance\/3310713\/syrovynna_ekonomika_scho_kupuvala_i_prodavala_ukrayina_v_2021_rotsi [in Ukrainian].<\/li>\n
  6. FTA between Ukraine and the European Union: how imports and exports have changed in four years. Infographics of the portal \u00abWord and Deed\u00bb according to official data of the State Statistics Service. 2020. Retrieved from : https:\/\/www.slovoidilo.ua\/2020\/05\/08\/%20infografika%20\/%20ekonomika%20\/%20zvt-mizh-ukrayinoyu-ta-yevrosoyuzom-yak-zminyvsya-import-ta-eksport-chotyry-roky [in Ukrainian].<\/li>\n
  7. The Prime Ministers of Ukraine and the Netherlands have agreed to organize business missions for investors. 2022. Government Portal. Retrieved from : https:\/\/www.kmu.gov.ua\/news\/premyer-ministri-ukrayini-j-niderlandiv-domovilisya-organizuvati-biznes-misiyi-dlya-investoriv [in Ukrainian].<\/li>\n
  8. Cooperation between Ukraine and Europe: direct investment and foreign trade in 2020. Infographics of the portal “Word and Deed” according to official data of the State Statistics Service. 2020. Retrieved from : https:\/\/inlnk.ru\/n0dGYl [in Ukrainian].<\/li>\n
  9. Western investors are interested in three blocks of questions about the business climate in Ukraine. Ukrinform. 2022. Retrieved from : https:\/\/afly.co\/2477 [in Ukrainian].<\/li>\n
  10. Inflation in the US has hit a near 40-year high. World Economic Forum. 2021. Retrieved from : https:\/\/www.weforum.org\/agenda\/2021\/12\/inflation-39-year-high-consumer-price-index-us\/ [in Ukrainian].<\/li>\n
  11. Inflation in the Netherlands. Exchange portal \u00abTake-Profit\u00bb. 2021. Retrieved from : https:\/\/take-profit.org\/statistics\/inflation-rate\/netherlands\/ [in Ukrainian].<\/li>\n
  12. State Statistics Service: consumer inflation in Ukraine In 2021 – 10%. Finbalance. 2021. Retrieved from : https:\/\/afly.co\/24c7 [in Ukrainian].<\/li>\n
  13. Temporary reduction of VAT to 0% will stabilize food prices. Landlord. 2022. Retrieved from : https:\/\/landlord.ua\/news\/tymchasove-znyzhennia-pdv-do-0-dozvolyt-stabilizuvaty-tsiny-na-produkty-kharchuvannia\/ [in Ukrainian].<\/li>\n
  14. Ukraine and the Netherlands will organize business missions. Finclub. 2022. Retrieved from : https:\/\/finclub.net\/ua\/news\/ukraina-ta-niderlandy-orhanizovuvatymut-biznesmisii.html [in Ukrainian].<\/li>\n
  15. List of countries for iron ore mining. US Geological Survey. 2020. Retrieved from : https:\/\/pubs.usgs.gov\/periodicals\/mcs2020\/mcs2020-iron-ore.pdf [in Ukrainian].<\/li>\n
  16. Law of Ukraine \u00abOn Amendments to the Tax Code of Ukraine on the peculiarities of taxation of business entities that implement investment projects with significant investments in Ukraine.\u00bb VRU website. 2021. Retrieved from : https:\/\/zakon.rada.gov.ua\/laws\/show\/1293-20#Text [in Ukrainian].<\/li>\n
  17. Statistics of the external sector of Ukraine : \u043efficial site of the NBU. 2021. Retrieved from : https:\/\/bank.gov.ua\/en\/statistic\/sector-external\/data-sector-external\u00a0 [in Ukrainian].<\/li>\n<\/ol>\n

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    Zadorozhnyi \u041e., Melnykova V. (2022). Development of Trade and Economic Relations Between Ukraine and the Kingdom of the Netherlands: Dynamics and Prospects. Modern Economics, 31(2022), 38-44. DOI: https:\/\/doi.org\/10.31521\/modecon.V31(2022)-06.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification: F10, F15, F21 DOI: https:\/\/doi.org\/10.31521\/modecon.V31(2022)-6 [\/vc_column_text][vc_column_text] Zadorozhnyi Oleksi\u0456, student of the Bachelor’s degree Department of Enterprise Management, National Technical University of Ukraine \u00abIgor Sikorsky Kyiv Polytechnic Institute\u00bb 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
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