Transborder territorial and production clusters: modern state and prospects of development

The article considers main principles of development of transborder co-operation in the regions of Ukraine. It characterises modern state of Euro-regions of the country in view of Euro-integration processes. It identifies main directions of development of transborder co-operation, specifies the place and importance of Euro-regions in ensuring stable regional development. It provides a characteristic of territorial and production clusters as the most effective economic and organisational systems of interconnection of regions. It offers to consider territorial and production clusters as innovation and territorial unions, which co-ordinate main sources of achievement of competitive advantages of the region. It considers prospects of development of cluster initiatives in Euro-regions of the country.