News

"Baltic Container Terminal" in Gdynia (Baltic Container Terminal, BCT) has started cooperation with logistics operators Fortis Logistics Group and Multimodal Solutions&Services, launching a direct intermodal connection for the export of goods manufactured in Ukraine.

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As part of the project "Development of the Trans-European Transport Network between Ukraine and the European Bank for Reconstruction and Development (EBRD), access roads to checkpoints on the western border will be overhauled. This is about the highway M-09 road Ternopil - Lviv - Rava-Ruska to the international checkpoint "Rava-Ruska - Grebenne". This road is the main route connecting Lviv and Warsaw and is part of the Trans-European Transport Network (TEN-T).

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Polish President Andrzej Duda signed an amendment to the law on export insurance guaranteed by the State Treasury, which allows the Polish state insurance corporation KUKE to provide more effective assistance to private businesses interested in the reconstruction of Ukraine.

The law is the basis for the reconstruction program of Ukraine with the participation of Polish business.

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The investment portfolio with a total value of $67 billion was presented to potential investors at the URC Marketplace at Ukraine Recovery Conference in London. Current strategic investment projects and opportunities to attract debt and equity capital are presented in six key sectors: construction and engineering; Energy; Logistics;

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On June 26, EU member states approved a €100 million support package for farmers in Bulgaria, Hungary, Poland, Romania and Slovakia: Bulgaria will receive €9,77 million, Hungary €15,93 million, Poland €39,33 million, Romania €29,73 million, and Slovakia €5,24 million. 

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Ukraine has exported 48,424 million tons of grain and legumes this marketing year (from July 1, 2022 up to June 26, 2023).

In 2022/2023 marketing year  Ukraine has exported 16,625 million tons of wheat, 2,68 million tons of barley, 18 thousand tons of rye and 28,793 million tons of corn.

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Italy's Export Credit Agency (SIMEST) has announced EUR 500 million in support for Italian companies intending to invest in Ukraine. A statement of intent on cooperation in the recovery of Ukrainian private insurance market was signed by the European Bank for Reconstruction and Development (EBRD), the European Commission, Norway, Switzerland, the TaiwanBusiness-EBRD Technical Cooperation Fund and Ukraine within the framework of Ukraine Recovery Conference in London.

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On 27 June, First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko met with the ministers of the European Free Trade Association (EFTA) in order to declare the decision to start domestic procedures for updating a package of free trade agreements.

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Indicators of flour export this year have doubled and amounted to 151 thousand tons as of June 26. In 2022, only 70,7 thousand tons of flour were delivered abroad. The volume of wheat flour supplies last year amounted to 69,2 thousand tons, this year - 144,5 thousand tons. Besides, export of flour from other crops also increased from 1,5 to 6,5 thousand tons. Regarding export for the period of 26 days of June, it was possible to supply 7,8 thousand tons of flour of all kinds.

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According to the data of International Trade Center in 2022, Ukraine has increased cheese export to 9 thousand tons and ranked 37th place in the world.

For five months of 2023, Ukraine has sold 3,3 thousand tons of cheeses worth $16 million on the international market. Meanwhile there is a high concentration of export supplies, more than 80% of revenue was received from Kazakhstan and Moldova.

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