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Ukraine's President Zelenskyy applied for special entry to the EU four days into the current war, which would bolster Ukraine's commerce with European Union countries. When the anticipated collapse of Ukrainian-Russian commerce is combined with China's failure to denounce Russia's conduct, it is likely that Ukraine's trade will continue to gravitate toward the European Union and its Western allies. While this is not precisely international trade, the US promised an extra $350 million in aid to Ukraine on February 26th, bringing the total to $1 billion over the last year. Along with the US, the EU has pledged â500 million in financial help, and a number of EU and non-EU countries are giving military assistance to Ukraine.
