Prospects of Foreign Mutual Trade Cooperation between the EU and Ukraine

The present paper is aimed at exploring mutual foreign trade relations between the European Union and Ukraine as affected by the common challenges connected to globalization in the field of trade policy. Currently, Ukraine by its political guidelines plays an active role in global integration processes in the world economy. Among the EU's eastern neighbours, it is the most important partner and at the same time with its geographic location connects the EU not only with Russia but also with Central Asian countries. A significant part of the research consists of evaluating the intensity of foreign trade of Ukraine with the EU regions and comparing its trade with the region of the Eurasian Customs Union. Solution is the evaluation and determination of perspectives of trade and investment relations between the EU and Ukraine.