News

The Cabinet of Ministers  has determined the mechanism for importing equipment for industrial parks. At the meeting of the Cabinet of Ministers on September 7, a new procedure for importing new equipment and components for industrial parks from abroad was adopted. Such equipment is imported into the customs territory of Ukraine by participants of industrial parks with exemption from import duty and value added tax.

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Operators of the European energy system ENTSO-E have agreed on a gradual increase in Ukraine’s net capacity for electricity export.

This was reported by the National Power Company “Ukrenergo”.

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On June 7 the European Commission has officially launched the EU-Ukraine business matchmaking platform as part of the Solidarity Pathways Action Plan. 

This platform was created on the basis of the European Enterprise Network (EEN) for European and Ukrainian business and is aimed at establishing business contacts and facilitation of logistic operations for export and import of goods from / to Ukraine.

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According to the Ministry of Economy of Ukraine, in order to reduce the queues at the Ukrainian-Romanian border in the context of increasing the flow of goods from Ukraine to the European Union, the Romanian side informed about the possibility of filling out customs declarations for transit through the country in advance.

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This summer we will see the launch of a new initiative under the Start Path program, designed specifically for Ukrainian fintech companies and entrepreneurs. This is an opportunity for startups to accelerate their development.

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The Irish manufacturer of heat-insulating energy-efficient technologies Kingspan intends to invest 200 million Euro in the creation of a new construction technology hub in Ukraine. This hub will be constructed during the next 5 years and when finished it will create 600 working places. The representatives of the company said it during their visit to Ukraine. 

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The Cabinet of Ministers of Ukraine has approved a decision to allocate 250 million UAH to the Ministry of Infrastructure from the reserve fund of the State Budget of Ukraine to ensure the safety of navigation in the waters of Ukrainian ports in the Danube region and railway transport. The funds will be kept in an escrow account of the Ministry of Infrastructure of Ukraine and, if necessary, will be provided to compensate for losses caused by russia's aggression against Ukraine.

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The NBU has extended settlement deadlines for export and import transactions from 90 to 120 calendar days. The respective decision is intended to increase the exports and imports of goods by Ukrainian businesses amid supply chain disruptions caused by the war. 

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Since the beginning of the 2021/2022 marketing year (MR, which began on July 1), Ukraine exported almost 47,2 million tons of cereals and legumes. Since the beginning of June, 148 000 tons have been exported.

This was reported by the press service of the Ministry of Agrarian Policy of Ukraine with reference to the data of the State Customs Service, reports Ukrinform.

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The European Commission, together with V_labs and Rail Cargo Group, has launched the "GrainLanes" trading platform for grain - Grainlane, which will contribute to the optimization of grain export from Ukraine to EU member states.

The platform was created for the sale and purchase of agricultural goods, uniting and strengthening contacts between representatives of European logistics and Ukrainian traders and farmers at the international level.

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