Ukraine: customs reform scheduled for 2023

In 2023, the Cabinet of Ministers of Ukraine is planning to carry out customs reform that will include six steps. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal in an interview with Forbes Ukraine. “I will press for this reform to be implemented this year. We have already agreed with the President…

Ukraine: gas imports to be avoided in 2023

In 2023, the management of Naftogaz Ukrainy NJSC is planning to implement an ambitious plan and avoid natural gas imports by ramping up domestic production in order to meet the country’s needs, even amid the Russian invasion. The relevant statement was made by Naftogaz of Ukraine NJSC CEO Oleksiy Chernyshov in an interview with Bloomberg.…

Ukraine: joint energy projects to be implemented with Poland

On February 23, Minister of Energy of Ukraine German Galushchenko met with Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to Ukraine Bartosz Cichocki. The topics discussed included deepening cooperation in the energy sector and the importance of Poland’s stand in imposing sanctions against rosatom. “We have a successful experience of cooperation with Poland…

Ukraine: trade turnover down in January 2023

In January, Ukraine’s trade turnover totaled $7.9 billion, down by 35% YoY. “In January, Ukraine imported goods to the tune of $4.8 billion and exported goods to the tune of $3.1 billion. At the same time, taxed imports totaled $4 billion, accounting for 83% of the total volume of imported goods,” the State Customs Service…

Ukraine: economic growth expected already this year

Ukraine is counting on economic growth already this year and intends to continue cooperation with partners on solving key issues, including business security, logistics and attracting foreign investment. “Ukraine has every opportunity to ensure economic growth this year. Despite the damage to the power grid, it now operates without disruption. We have all the necessary…