Why Ukraine?
The United States has considered Ukraine a key strategic interest since Ukraine gained independence in 1991. In addition to representing a market of 46 million people, Ukraine possesses an extraordinarily well-educated work force with some of the top scientific and engineering talent in the world. The governments of Ukraine and the United States currently enjoy a very friendly relationship.
Consider the following facts about Ukraine
Population:……………………………………..46 million
Literacy Rate:…………………………………..99%
2008 Real GDP growth:……………………..6.2%
2007 U.S. imports from Ukraine: $365 million
Ukraine’s world class industries include computer programming, engineering, agriculture, industrial machinery, chemicals, aerospace, metallurgy (especially steel), agricultural machinery, metal ores.
Ukraine’s real GDP growth is expected to be over 6% in 2008, among the highest in Europe.
Ukraine joined the World Trade Organization in 2008.
The USA accounted for 2.2% of Ukraine’s total imports and exports with rapid growth.