the consequences of ukraine's accession to the wto for the domestic market
DESCRIPTION
The consequences of Ukraine's accession to the WTO for the domestic market. « INSAM ». Student : Evgeniya Litvin IE-09 Scientific supervisor : Serhii V.Kuzminov D. Sc. (Economics) Language consultant - Cand . Sc. (Pedagogy), Associate Professor Miasoid G.I. OUTLINE. - PowerPoint PPT PresentationTRANSCRIPT
THE CONSEQUENCES OF UKRAINE'S ACCESSION TO THE
WTO FOR THE DOMESTIC MARKET.
Student: Evgeniya Litvin IE-09Scientific supervisor: Serhii V.Kuzminov
D. Sc. (Economics) Language consultant - Cand. Sc. (Pedagogy),
Associate Professor Miasoid G.I.
««INSAMINSAM»»««INSAMINSAM»»
OUTLINEOUTLINE
1. The WTO and its cooperation with Ukraine;
2. Assess of the "INSAM" status and prospects of
company development and metallurgical sector ;
3. Ways of «INSAM» activity improvement.
The objective of the research The objective of the research : to analyze the consequences of
Ukraine's accession to the WTO for the national market
Research tasks:Research tasks:
- to describe the features of the WTO and its cooperation with Ukraine;
- to make a general characteristic of the enterprise;
- to evaluate the economic efficiency of the project.
The research object:The research object: the LLC. "INSAM" .
Subject of research: Subject of research: is the `INSAM` nowadays changes and export
development
THE WTO AND ITS COOPERATION WITH THE WTO AND ITS COOPERATION WITH UKRAINE UKRAINE
• WTO - an international organization that regulates trade among nations;
• World Trade Organization began its activity in 1995;
• On 16 May 2008 Ukraine became the WTO`s 152 member;
ConsequencesConsequences
Positive Negative
‘INSAM’•Factory of producing high-tech aluminum composite panels;
•Operates in the market of metal products since 2005 year;
•Occupies 25% of ACP in Ukraine
•In 2007-2009 had a state of crisis;
• Since 2007,working capital started to increase
and till the 2012 company reached financial stability
Industry January (%)
January-February
(%)
January-March
(%)
January-April (%)
Metallurgy, manufacture of fabricated metal products, except machinery and equipment 90,1 89,6 89,4 88,8
Metallurgical production 89,1 88,6 88,6 88,4
Manufacture of fabricated metal products, except machinery and equipment 94,2 93,7 92,6 90,6
Metalworking and coating of metals; machining metal products 81,0 88,8 82,4 83,7
Manufacture of other fabricated metal products 102,8 97,1 95,2 92,6
Industrial production indexes by activity in 2014
WAYS OF "INSAM" WAYS OF "INSAM" ACTIVITY IMPROVEMENT ACTIVITY IMPROVEMENT
•Strategy for improvement of the LLC “INSAMINSAM” - expand markets and increase turnover through the development of the export market for Russia (Rostov and Belgorod region)
Why Russia?Why Russia?• Territorial proximity• Similarity of production standards• Large market
NPV=
NPV= 1369516 $
Economic efficiency of the projectEconomic efficiency of the project
where, NCFi - net cash flow for the i-th period; INV – initial Investments; r – discounting rate.
So (NPV> 0) is satisfied
Russia Ukraine
36 $ ~26 $
Price per m2
Despite the fact that the Ukrainian ACP have a quality advantage, Russia produces more than 40% of Russian ACP, and the price is about the same as that on the territory of
Ukraine.
Thank you Thank you for attentionfor attention!!