News

LLC "Ukrzaliznytsia" (UZ) has renewed transportation of Ukrainian agricultural products for export by railway for transit through the territory of Poland, suspended since April 15. Transportation of Ukrainian food is allowed for transit by land and for transit to the seaports of Gdansk, Gdynia, Swinoujscie and Szczecin.

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The European Commission (EC) agreed to introduce a ban on the supply of sunflower oil from Ukraine. At the same time, the transit of these products will be allowed.

Reference source: https://bit.ly/3VbrF27

 

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The Procedure for providing state guarantees to ensure the fulfillment of the debt obligations of the private joint-stock company "Export Credit Agency",

namely, the provision of state guarantees for the company's debt obligations (the borrower's obligation to the creditor for a loan that arose as a result of the placement (issue)

of debt securities securities or conclusion of credit agreements).

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Italian Minister of Entrepreneurship Adolfo Urso has clarified that a direct request was received from the Ukrainian

government to help strengthen the Made in Ukraine brand. More generally, Italy is helping Kyiv with digital services and the creation of digital product platforms.

Also, a pavilion for Ukrainian products will be created at the main Italian fairs.

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As of April 26, since the beginning of the 2022/23 marketing year, Ukraine has exported 41,149 million tons of grain and leguminous crops, of which 3,173

million tons in April (as of April 27 last year, the specified figure was 45,709 million tons, of which 763 thousand tons were shipped in April). In terms of crops,

since the beginning of the current season, the following were exported:

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In accordance with the order of the Government of Hungary 130/2023 (IV.18) "On measures related to the transportation of certain agricultural products originating from Ukraine",

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The Polish side, on the working basis provided Ukraine with a list of product codes according to the Combined Nomenclature, which are prohibited for import into the Republic of Poland from Ukraine. Restrictions on the import of certain goods to the Republic of Poland will be valid until June 30, 2023.

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In the future, Ukraine will export the vast majority of agricultural products to Türkiye at a zero customs rate, because this product is transported for sale to third countries before or after processing.

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The Ministry of Economy, together with international financial institutions and representatives of partner countries, primarily the G7 countries, has been working on the creation of a targeted Trust Fund, which will guarantee that the private reinsurance market will become active again in Ukraine. This, in turn, activates the private capital market.

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In 2023, agro-food import to Ukraine will grow faster than export. In January-March 2023, Ukraine has increased import of agri-food products by 22% up to 1 790 million US dollars compared to the same period last year. In the 1st quarter, EU countries supplied food to Ukraine worth 907 million US dollars (50,7% in the structure of domestic imports of agricultural products), Asian countries - 398 million US dollars  (22,2%), African countries - 79 million US dollars   (4,4% ).

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