For Ukraine to become economically self-sufficient, the key priority should be the development of domestic production and the transition from raw materials to processing. The goal is to increase the share of the manufacturing industry in GDP from 8% to 20%. To this end, the Government will direct investments in the real sector of the…
So far, 305 ships have passed through the Black Sea humanitarian corridor, transporting more than 10 million tons of grain and other goods. This was reported by U.S. Ambassador to Ukraine Bridget Brink on social network X. “Over 10 million tons of grain and other cargo carried by 305 ships has now made it safely…
The Verkhovna Rada adopted two draft laws that would exempt the import of radar systems for security and defense purposes into Ukraine from VAT and customs duties. This was announced by First Deputy Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Yaroslav Zhelezniak. The decision was supported by 323 MPs. “The…
The National Bank of Ukraine has projected that the reduction in Ukraine’s foreign trade volume, resulting from restrictions on freight transport movement through the western borders in November and December, may amount to $1.5 billion. Notably, the specified reduction reached $860 million in November, with an anticipated additional decrease of $620 million in December. “According…
President of Ukraine Volodymyr Zelensky has said that the government is working to resume flights from Ukraine, but regular civilian flights from Boryspil International Airport are a distant prospect, it become possible when the victory is closer. He said this at his year-end press conference, speaking about the technical overhaul of aircraft at Boryspil airport.…
Ukraine presented key indicators of the implementation of the Agreement between the European Union and Ukraine on the carriage of freight by road during the second meeting of the Joint Committee of the Agreement with the participation of the EU countries and the European Commission. “The agreement on the carriage of freight by road, the…
In January-November, Ukrainian seaports handled 52.8 million tons of cargo, up by 15.8% YoY, the press service of the Ukrainian Sea Ports Authority (USPA) reported on Facebook. “In the first 11 months of 2023, under extremely difficult war conditions, Ukrainian ports handled 52.8 million tons of cargo, compared to 45.6 million tons in 2022,” the…