Financial instruments in facilitating international trade (on the basis of Privatbank)

Abstract

The work is devoted to the progressive integration of Ukraine's economy into the world economy, the problems of its cooperation with international organizations that are becoming more and more urgent, because they increasingly affect the parameters of the development of the national economy. The work summarizes theoretical approaches to international trade, including economical approaches to the economic interests of Ukraine in the process of transformation of the WTO, taking into account the risks and opportunities in this area as well as methods of evaluating the foreign exchange activity of commercial banks and the impact of international settlements on their balance of payments. The special attention is focused on the structure of Ukraine's commodity exports, because the dynamics of Ukraine's development in this regard, given the variety and level of branching of goods, are significantly different from the world's. Proposals have been developed regarding the steps that should be the basis of the strategy of ensuring Ukraine's economic interests in the context of the transformation of the WTO, first of all, the priority task for Ukraine in the context of participation in the WTO system.