From January 15, 2024, it is planned to move in Ukraine to use the online platform of the European Commission for certification and support of export/import/transit of animals, products of animal and plant origin, food products, feed (TRACES NT) for cargo certification, the implementation of which will significantly simplify formal procedures implementation of export and transit of food products to the territory of the EU when crossing the state border.
Read MoreOn January 10, the President of Ukraine, V. Zelenskyy, signed two laws that provide for exemption from value added tax and customs duties on certain defense goods.
There are draft laws № 10341 and № 10342 at the Verkhovna Rada of Ukraine website. Radar complexes, electronic warfare and elements for bullet-proof vests will be exempted from VAT and import duties into Ukraine.
Read MoreAccording to the Export Promotion Office, in 2022, Ukraine exported wines and vermouths worth 9,07 million US dollars to foreign markets, and in 2023, the total export of Ukrainian wines for nine months amounted to 8,12 million US dollars. Ukrainian wines are exported to 49 countries.
Read MoreIn the first half of the 2023/24 marketing year, Ukraine could export 31,0 million tons of agricultural products of various types, which is 17% less than the same indicator last year.
Read MoreRepresentatives of the customs and border administrations of both countries have already signed the act on the readiness of the checkpoint for the railway connection “Kuchurgan - Novosavytske” for the implementation of joint control.
Read MoreIn the new electronic system all types of guarantees are submitted in a paperless form, and changes and withdrawals are made in the same way. Single (individual) guarantees are now also processed in the new system.
There are four ways of submission - via online API, offline API, e-mail and Personal Cabinet at the webportal "Single window for international trade" of the State Customs Service.
Read MoreUkraine, which in 2022 received the right to duty-free food supplies to the EU, in 2023 became one of the largest suppliers of agricultural products to the European Union.
In the period from January to September of the current year, the European Union increased the import of agricultural products from Ukraine by 11% compared to 2022.
Read MoreFrom March 2022 to August 2023 Ukrainian consumers financed vegetable producers in other countries for the amount of 556 million US dollars – this is the amount of vegetable import during this period.
The share of tomato import for almost 2 years of the war exceeded 50%, although before the war, on the contrary, local products made up such a share. Import of cucumbers increased from 15% to a third, of onions – from 10 to 30%.
Read MoreThe document provides that the DREAM state digital ecosystem will become a bank of public investment projects that meet the priorities of national and regional development.
The road map includes:
making decisions about public investments within the framework of strategic and medium-term budget planning and the creation of the Strategic Investment Council;
Read MoreThe Law on Insurance of Investment against War Risks through the Export Credit Agency (ECA) entered into force on January 1, 2024. The law is aimed at expanding the capabilities of the ECA to insure investments in Ukraine (both foreign and domestic investors), in particular against war risks. From now on, the Ukrainian domestic investor will also have an opportunity to use the national insurance mechanism for non-property military and political risks.
Read More