News

The Ministry of Economy of Ukraine discussed with international insurers the implementation of the first projects regarding the mechanism of reducing the cost of insurance of marine transportation in the territorial waters of Ukraine, as well as the expansion of similar mechanisms to other types of exports.

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During January-November 2023, Ukraine imported goods for the amount of 57,2 billion US dollars, and exported goods in the amount of 32,8 billion US dollars. The countries from which the most goods were imported to Ukraine: China — 9,3 billion US dollars, Poland — 5,9 billion US dollars, and Germany — 4,5 billion US dollars.

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The Ministry for Communities, Territories and Infrastructure Development of Ukraine together with Romanian colleagues, has been working on the implementation of projects in the road transport sector, which will allow for the unloading of checkpoints in the transport corridor with the EU.

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In January-November 2023, Ukraine has imported 196 600 tons of frozen fish (excluding fish fillets) - 1,2% less than in the same period of 2022. In monetary terms, import of frozen fish for 11 months reached 347 million US dollars, which is 12% more than for the same period in 2022.

The largest suppliers of frozen fish in January-November 2023 are Iceland (23,5%), the USA (16,2%) and Norway (13,7%).

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LTG Cargo, a transport company of the Lithuanian Railways (Lietuvos geležinkeliai, LTG), is going to launch a weekly container train to Ukraine due to the complicated situation at the automobile border crossing points.

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The governments of Ukraine and Türkiye are ready to ratify the Free Trade Agreement in the nearest future. After the completion of the ratification procedure, the agreement will enter into force in early 2024 and will open new opportunities for duty-free or partially duty-free trade between the two countries.

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During this period, the seaports of the Danube region have processed 29,4 million tons of cargo. According to the results of January-November 2023, Ukrainian seaports increased cargo transshipment by 15,8% compared to the same period in 2022 - up to 52,8 million tons.

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During January-October 2023, Ukraine has exported 137 tons of mutton and goat meat. This is 10,9% less than in the same period a year before. However, in monetary terms, export for 10 months of this year reduced by 33,9% - up to 589 000 US dollars, as compared to January-October 2022. The main buyer of Ukrainian mutton and goat meat during the 10 months of 2023 is the UAE (96,3%). Azerbaijan (1,9%) and Türkiye (0,5%) follow with a significant break-off.

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The State Customs Service of Ukraine agreed with the General Directorate for Taxation and Customs Union of the European Commission (DG TAXUD) to postpone the application of the new transit declaration – NCTS Phase 5, the transition to which was planned since December 1.

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The licensing regime for the supply of agricultural products from Ukraine to Bulgaria began to operate on December 4, 2023. This applies to wheat, corn, sunflower and rapeseed. Besides, the Minister of Agriculture of Bulgaria Kyryl Vatev insisted on the inclusion of dry milk, frozen raspberries and honey in the list.

More details: https://bit.ly/3uHPDZM

 

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