News

On December 1, the Verkhovna Rada adopted in the 2nd reading the draft law "On geographical markings of alcoholic beverages" (No. 6480). The document establishes general rules for the definition, description, presentation and labeling of alcoholic beverages, rules for the use of official names of alcoholic beverages. This harmonizes the provisions of national legislation with the norms of EU law, which are subject to implementation on the basis of the Association Agreement.

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In November, the export of agricultural products amounted to 7,2 million tons, crossing the 7 million tons mark for the first time during the war. This indicator is practically the same as in January 2022, when agricultural export amounted to 7,8 million tons.

Traditional export leaders are:

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Ukraine is speeding up the implementation of the Agreement on Conformity Assessment and Acceptance of Industrial Goods (ACAA).

By the end of 2022 already, our country can adopt about 26 000 European standards.

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During the 9 months of the war, the largest amount of corn was exported from Ukraine - 12,3 million tons. The 2nd place in terms of the volume of supplies, takes wheat, which was exported almost 7 million tons, in the 3rd place - oil and rapeseed, which were exported 2,8 million tons.

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Two chains of food stores in Japan have Ukrainian products - wine 1821 at YamaYa and an expanded assortment of Ascania sweets (because they have already been at the market) at Gyomu Super.

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

 

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On December 5, Ukraine and the UAE began negotiations on the conclusion of an agreement on comprehensive economic partnership (Comprehensive Economic Partnership Agreements, CEPA).

The agreement with the UAE will open new prospects for the Ukrainian economy and business in the Gulf region.

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The average monthly volume of export of metallurgical products through sea ports fell by 79% compared to pre-war times.

Because of this, Ukraine loses 420 million US dollars in foreign exchange earnings every month, and the number of working enterprises is getting less.

In order to restore the metallurgical industry, the Ukrainian authorities should unblock sea ports.

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During the three months of Advantage Ukraine investment platform functioning, there were more than 500 inquiries regarding investment opportunities in Ukraine, as well as project proposals and trade cooperation.

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As it was mentioned, the Parliamentary Assembly  of the Black Sea Economic Cooperation (PABSEC) was established on February 26, 1993. It includes 12 countries: Albania, Azerbaijan, Bulgaria, Armenia, Greece, Georgia, Moldova, Romania, Russia, Serbia, Turkey and Ukraine.

Reference source: https://bit.ly/3HnYX9o

 

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The Turkish company Karpowership can and plans to supply electricity to Ukraine through Moldova and Romania by placing floating power plants there - power ships on which a power plant is installed.

There are negotiations for a capacity of approximately 300-400 MWt. Power ships can start supplying electricity within one month after technical, commercial and safety details are agreed.

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