THE EFFECTS OF THE INCREASE IN TRADE COOPERATION BETWEEN UKRAINE AND EU IN AGRICULTURAL SECTOR: EMPIRICAL EVALUATION

Abstract

Urgency of the research. State economic growth is impossible without developing and strengthening cooperation with countries which were identified as prior during the country's integration into the European economy. Unfortunately, despite significant economic potential output Ukraine's agricultural sector is still technologically backward and therefore not sufficiently competitive in the international market. Target setting. It is reasonable to argument the effects of trade cooperation between Ukraine and the EU in the agricultural sector in a context of increasing the competitiveness of Ukraine. Actual scientific research and issue analysis. Certain aspects of research were expounded in the researches of T. Ostashko, Popov, A. Ermolaev S. Taubadel, O. Pavlyuchenko, I. Tyuha etc. Uninvestigated parts of general matters defining. Despite the considerable number of scientific publications relating to the chosen subject, the effects of foreign trade of Ukraine and the EU in agriculture, based on the deeper empirical research in the long term, which is of considerable scientific interest still require thorough study. The research objectives. The aim of the research is to analyze the possibility of main effects from increased trade cooperation between Ukraine and the EU in the agricultural sector by using empirical methods. The statement of basic material. The article illustrates the dynamics of the volume of foreign trade between Ukraine and the EU in 2008-2015 and the main trade partners of Ukraine in the EU. The most acute problems in the development of trade relations between Ukraine and the EU in agriculture have been defined. Conclusions. It is proved that the growth of international trade may have a positive impact on GDP and exports from the EU to third countries. Some adverse effects were defined caused by the signing the Association Agreement Ukraine and the EU.