After the full-scale invasion of russia, the Ukrainian vegetable sector suffered significant losses, but by 2023 it has almost recovered. Moreover, the export of vegetables, primarily onions and garlic, is growing.
Read MoreInsurance and reinsurance broker WTW presented a new insurance program in partnership with Ukrainian insurer VUSO, designed to cover war risks of cargo and land transportation in Ukraine. The new mechanism offers coverage to both Ukrainian and foreign companies, which will help solve the problems of cargo transportation insurance in Ukraine.
Read MoreThe issue of the development of logistics routes, increasing the volume of transportation through Baltic ports, railway and automobile transportation, as well as increasing the export of Ukrainian products were discussed at a meeting of representatives of the Ministry of Community Development, Territories and Infrastructure of Ukraine with the delegation of Latvia.
Read MoreLast year Ukraine took second place in terms of honey export to EU countries.
In total, the EU imported more than 163 000 tons of honey worth €359,3 million in 2023. China supplied the most honey to the EU — 37% (over 60 000 tons). Ukraine took second place – 28% (almost 46 000 tons). Argentina — 12%, Mexico – 7%, Cuba – 3% also entered the top five.
Read MoreIn January-April 2024, Ukraine has exported 5,1 thousand tons of frozen cattle meat – 27,1% less than in the same period last year.
In monetary terms, export for the four months of this year reduced by 20,6%, as compared to January-April 2023, up to 22 million US dollars. The main buyers of Ukrainian frozen cattle meat during the four months of this year were China (40%), Azerbaijan (35,6%) and Georgia (10,1%).
Read MoreThe State Recovery Agency implemented joint customs and border control at the Reni - Giurgiulesti checkpoint. From now on, the Ukrainian and Moldovan control services will work together at this checkpoint.
Read MoreIn 2023, Cherkasy region received 88% of all foreign exchange earnings from the sale of agricultural products.
According to the results of 2023, the agricultural production index was 111,1%. In 2023, the region received 88,0% of all foreign exchange earnings from the foreign trade turnover of food products and agricultural products, the volume of exports amounted to more than 1,0 billion US dollars.
Read MoreThe Ministry of Economy of Ukraine presented a catalog of industrial parks, which will help enterprises to find partners or a place with an equipped infrastructure where they can place their production facilities, as well as attract new investments.
Read MoreOn May 13, the Council of the European Union decided to suspend import duties and quotas for Ukrainian exports to the EU for another year. As stated in the notification of the Council of the EU, the autonomous EU trade measures for Ukraine will be applied from June 6, 2024 to June 5, 2025 and will refer to the long-term suspension of all unpaid customs duties and quotas in accordance with Chapter IV of the Association Agreement between Ukraine and the EU.
Read MoreOn May 14, the Cabinet of Ministers has created the Strategic Investment Council to manage the formation of benefits for the implementation of public investments, developed in accordance with the Government-approved Roadmap Program for reforming public investments.
The task of the council is to form a single project portfolio of public investments, to enhance their effectiveness, to develop proposals for improving the legislation.
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