News

Several large-scale infrastructure projects are planned for implementation in Chernivtsi region.

They have already prepared a project proposal for the construction of the largest checkpoint for heavy vehicles in the village of Bila Krynytsia on the border with Romania, which will allow the integration of the Chernivtsi region into international transport and logistics systems.

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The State Customs Service of Ukraine is implementing a new integration platform "Single Window - EAIS - NCTS", which is a significant achievement in simplifying customs procedures and bringing it closer to European standards.

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The Verkhovna Rada adopted in the second reading the draft law  № 9456, which increased the tax-free limit for parcels abroad up to 1 000 euros.

This law resolves the issue of raising the limit amount of goods that are sent by individual entrepreneurs and enterprises outside of Ukraine in international postal or express shipments, without written declaration. 

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The European Council reached a preliminary agreement on the continuation of trade liberalization measures for Ukraine. Relevant measures include duty-free export of Ukrainian agricultural products. This was reported by the press service of the European Parliament.

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On March 20, the Verkhovna Rada adopted the draft law "On amendments to the Customs Code of Ukraine regarding the customs clearance of biomethane."

297 deputies approved the corresponding bill № 9456 in the second reading.

The document should give an impetus to the development of biomethane production in Ukraine and at the legislative level regulate the problem with the possibility of delivery (export) of... Read More

This was announced by the head of the KSE Institute Nataliia Shapoval during the first Ukraine Business Compact (UBC) Workshop.

During the full-scale invasion, 43 global companies invested in Ukraine, including Bayer (65 million US dollars), Carlsberg (40 million US dollars) and CEMARK, which is part of the CRH group of companies (30 million US dollars). Another 12 companies announced investments in Ukraine.

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"Ukraine is actively developing a new direction for sugar export. During March, almost 8 000 tons of product were delivered to three African countries — Cameroon, Libya, and Guinea,"- said First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotskyi.

According to his words, in general, the situation on the sugar market is stable. The sugar produced is sufficient for the domestic needs of Ukrainians and to ensure the necessary... Read More

Ukrainian export of sunflower oil in February crossed the indicator of 600 000 tons for the third month in a row.

Thus, the export of sunflower oil in February amounted to 603 thousand tons, which is almost unchanged compared to the previous month, but 50% more than in February 2023.

In total, during the first half of the 2023/24 season, Ukrainian companies increased export by 19% up to 3,2 million tons.

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On March 8, during President Volodymyr Zelenskyi's visit to Istanbul, representatives of Ukraine and Türkiye signed an agreement that simplifies trade between Ukraine and Türkiye and removes business obstacles.

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This is 2% more than in the same period of 2023.

Thus, during January-February 2024, Ukraine has imported goods for the amount of 10 billion US dollars, and has exported goods for the amount of 6,8 billion  US dollars.

The countries from which the most goods were imported to Ukraine: China –        2 billion US dollars, Poland – 1,1 billion US dollars, and Germany – 769 million US dollars.

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