Common Contracts
1 similar Trade Agreements contracts
BETWEEN TWO CUSTOMS UNIONSTrade Agreements • May 24th, 2011
Ukraine is a small open economy heavily relying on external trade. Exports of goods and services accounted for 50.2% of nominal GDP in 2010, while the ratio of imports to GDP was at 53.0%. Recently created Customs Union of Russia, Belarus and Kazakhstan (RBK CU) and the EU-27 are the largest trade partners of Ukraine. Together these two customs unions accounted for about two thirds of Ukraine’s total commodity trade turnover in 2010.
