Impact of the Russo-Ukrainian war on Black Sea trade: Geoeconomic challenges
Journal: Economics & Sociology
Year: 2024

This paper investigates the strategic importance of the Black Sea region in the context of the ongoing conflict in Ukraine. Focusing on trade dynamics, geopolitical actors, and regional cooperation, the study analyzes the region's transformation and the resulting implications for global trade. The paper examines how the conflict has redefined trade relationships among Black Sea nations and major powers. For this purpose, trend models are evaluated for three-time samples for the export and import