Global Business Assignment 1

About the Country1: Surface Area, Population, Climate, Seasons, Neighbours, History and Strategic Relations
Surface Areaa: 603,628 km^2, Populationb: 45,500,000, Climatec: Moderate & Mediterranean subtropical. Climates are influenced by the humid air from the Atlantic Ocean
Seasonsd: Most of Ukraine has all the four distinct seasons- Spring, Summer, Autumn & Winter
Neighbourse: Poland, Slovakia, Hungary, Romania, Moldova, Russia, Belarus. History & strategic relations­­f­:
Economy2:
Particulars
2010
2011
2012
2013
2014
Real GDP(in billion USD)a
160
163
161
212
264
GDP growth rateb
4.2%
5.2%
0.16%
0.1%
0.2%
Inflationc
9.37%
7.96%
0.57%
0.48%
21.8%
Forex rate (USD)d
7.94
7.97
7.99
7.99
15.82
Exports as a % of GDPe
50.75
54.37
50.98
46.87
42
Imports as a % of GDPf
53.56
60.59
59.09
55.37
44.2
Top 5 sectors contributing to GDPg
Transport
Post
Telecommunication
Machine building
IT services Top 5 sectors contributing to Exportsh
Semi-finished Iron
Seed Oils
Hot-rolled iron
Corn
Iron ore Top 5 sectors contributing to Importsi
Packaged medicaments
Petroleum gas
Refined Petroleum
Cars
Coal Current Trade % w.r.t. World Tradej
0.5
0.45
0.40
0.375
0.40

Selected Industry and Product Description: Pharmaceutical Industry, Atorvastatin Drug (Cholesterol Lowering Drug) Existing Trade Relationships & Future Potential3: Russia and European Union are Ukraine’s first and second largest trading partners. Ukraine does not have a FTA with India yet, still India stands second in terms of Pharmaceuticals exports to Ukraine, next to Germany. Ukraine has a DCFTA and Most Favoured Nation treatment with Germany. In our business, heart drugs exported from Germany or France can be a major competitor to our generic drug Atorvastatin. Future potential of Ukraine’s trade