Ukraine imported $8.2 billion worth of agricultural products in 2021, up by 19% YoY. This information was provided by Mykola Puhachov, deputy director of the National Scientific Centre “Institute of Agrarian Economics (IAE)” with reference to the State Customs Service. In 2021, the EU countries remained the main supplier of agricultural products to Ukraine. The…
Ukraine is interested in developing trade, economic and investment cooperation with the Netherlands. “We are interested in developing trade, economic and investment cooperation. Our trade turnover has exceeded EUR 2.5 billion but we want much more,” President of Ukraine Volodymyr Zelensky said at a joint briefing with Prime Minister of the Netherlands Mark Rutte. He…
On February 2, handling of grain was restricted in the ports of Odessa and Chernomorsk, Ukrainian seaports authorities informed. The operating of ports was restricted due to heavy snow. All other ports of Ukraine were operating as usual. (APK-Inform/Business World Magazine)
A free trade agreement between Ukraine and Turkey is expected to be signed within days. That’s according to President Volodymyr Zelensky, who spoke at the opening of the seventh session of the Verkhovna Rada on February 1. “We provide guarantees of financial stability for our country. We are preparing to send a strong economic signal…
The Ukrainian economy is stabilizing, and the country’s financial system is under control, President Volodymyr Zelensky has said. He stated this at the opening of the seventh session of the Verkhovna Rada on February 1. “Our economy is stabilizing. Everything is under control in the financial system. Revenues to the budget in January were over-fulfilled…
The National Bank of Ukraine (NBU) recorded a decline in currency demand on the interbank foreign exchange market on January 28, according to a press release issued by the central bank. “On January 28, the demand for currency on the interbank foreign exchange market decreased and the hryvnia strengthened to UAH 28.68 per US dollar.…
Ukraine currently has enough resources to ensure its macroeconomic and macro-financial stability. “Macroeconomic stability is the foundation for economic growth. At present, we have enough resources to ensure macroeconomic and macro-financial stability. There is over UAH 27 billion on the Treasury Single Account, more than UAH 30 billion on foreign currency accounts. The NBU reserves…