The Verkhovna Rada of Ukraine adopted a draft law that introduces a mechanism to combat the non-return of foreign exchange earnings from the export of agricultural products.
The document stipulates that the condition for the export of goods subject to the export security regime is the presence of a positive history of returning foreign exchange earnings based on the results of the previous 6 months.
Read MoreThe available capacity for importing electricity from EU countries, in particular Romania and Slovakia, is 600 MW per hour. Enterprises that will purchase imported electricity will be guaranteed protected from scheduled electricity supply restrictions in the volumes of electricity purchased by them.
Read MoreAccording to Taras Vysotskyi’s words, the First Deputy Minister of Agricultural Policy and Food of Ukraine, 4 out of 5 items of goods that Ukraine sold the most last year were food and agricultural goods.
Read MoreIn 2022, Ukraine exported goods to EU countries worth about 28 billion US dollars, which is 4,2% more than in 2021.
Read MoreMore than 700 transit declarations have been issued since the entry into force of the provisions of the Convention on the joint transit ("customs visa-free") procedure.
Ukrainian exporters take advantage of the common transit procedure, the number of T1 declarations is increasing every month.
Read MoreIn general, during 2022, the volume of the company's cargo transportation amounted to 150,58 million tons, which is 52,1% less than in the previous year.
According to the results of November 2022, the total monthly volume of cargo transportation by Ukrzaliznytsia reduced to 10,56 million tons (this is -1,5 million tons, or -12,5% by October 2022). 3,894 million tons were transported for export (-1,29 million tons, or -24,9% by October 2022).
Read MorePJSC "Export Credit Agency" in cooperation with the USAID Program "Competitive Economy of Ukraine" presented a plug-in for checking codes of UCT ZED.
Now exporters who need financing to conduct their activities and conclude new agreements will be able to find out with the help of the tool whether they can use one of the programs implemented by ECA.
Read MoreIn 2022, despite the blockade of sea ports, Ukraine exported dairy products worth 344,6 million US dollars, which is 39% more than in 2021.
This was due to the support of the European community in the liberalization of trade with Ukraine, high world prices for dairy products during the first 3 quarters of the year, as well as the competitiveness of Ukrainian dairy products on the European market in the summer-autumn period.
Read MoreIn Ukraine, as of January 6, 2023, 49,5 million tons of grain and legume crops have already been harvested from 10,7 million
hectares (93% of the total sown area) with a yield of 46,4 tons/ha. Farmers threshed:
Read MoreThe National Bank of Ukraine regulated the activities of the Export Credit Agency (hereinafter - ECA) as an insurer with a special status. In particular:
the procedure for inclusion of EСA in the State Register of Financial Institutions, licensing of ECA and the conditions for carrying out insurance, reinsurance, and guarantee activities by it is regulated;
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