Ukraine has exported more than 46.9 million tons of grain and leguminous crops as of May 30, including 1.06 million tons in May, the press service of the Ministry of Agrarian Policy reports, referring to figures from the State Customs Service. Since the beginning of the 2021-2022 marketing year, Ukraine has exported 46.93 million tons…
More than 600 companies have relocated their capacities from the regions where hostilities are underway. Of those, 390 have already resumed operations. This was stated by the Ministry of Economy on Facebook. “More than 600 companies that took part in the relocation program have moved from the areas where the fighting continued. Some 390 of…
Due to the war, about 35% of Ukraine’s economy is shut down as of today. This was stated by Ukrainian Prime Minister Denys Shmyhal, who spoke with BBC News Ukraine. “According to various estimates of many experts, we have lost between 30% and 50% of our economy today. The forecast for GDP drop is also…
There are currently no plans to increase taxes in Ukraine, but a VAT refund on imports and import duties is being considered, Minister of Finance Serhiy Marchenko has said. “We do not envisage an increase in taxes, we do not envisage strict conditions for their payment. We seek to restore a properly functioning tax system…
The Republic of Korea can contribute to the reconstruction of Ukraine after the end of the war. “In particular, to rebuild the destroyed infrastructure. We will also adopt the Korean experience of industrial modernization, which is extremely relevant for us today. I discussed these topics with Na Kyung-won, the representative of the Office of the…
Ukraine is increasing sunflower seed export since the start of the war amid the weak export of sunflower oil and a shortage of oil on the global market. The demand from European processors, mainly Bulgarian and Romanian, who are facing a lack of feedstock, is favorable for the export of Ukrainian sunflower seed as well.…
Hungary has taken advantage of Russia’s war against Ukraine, actually blackmailing the European Union, but Ukraine has something to respond with. The relevant statement was made by Advisor to Ukrainian Energy Minister Olena Zerkal during the Kyiv Security Forum. According to Zerkal, Hungary’s appetites for EU funds are growing every day. “They decided that their…