Ukraine: flour winning new markets

Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…

Ukraine: restrictions to be applied to grain, meat, dairy and egg exports within CUFTA

The tariff quotas will be applied to certain agricultural products delivered from Ukraine within the framework of the Canada-Ukraine Free Trade Agreement (CUFTA), including some cereals, dairy products, eggs, poultry and cattle meat, the press service of the Ukrainian Economic Development and Trade Ministry reported. In particular, Canada has the tariff quotas for the import…

Ukraine: FUIB participating in the development of a map of banking professions

Center “Development of Corporate Social Responsibility”, First Ukrainian International Bank and Ukrsibbank BNP Paribas Group signed a memorandum on cooperation in the implementation of the educational project “Your Future in the Banking sector”. Within the framework of the project, a detailed map of banking professions will be developed, a web portal for free access to…

Ukraine: peas exports up in 2016-2017

According to the official statistics figures, during eight months of the season-2016/2017 (July-February) Ukraine exported 308.7 thousand tons of peas, up 1.8-fold and 2.2-fold compared with the same period in 2015/2016 and 2014/2015 MYs – 169 thousand tons and 140 thousand tons respectively. In the current season, India became the main importer of peas from…

Ukraine: Oschadbank raises EUR 8 million and UAH 50 million from GUF to finance micro, small and medium business

State-controlled Oschadbank (Kyiv) has attracted credit resources from the German-Ukrainian Fund (GUF) in the amount of EUR 8 million and UAH 50 million to finance micro, small and medium-sized businesses. According to a bank press release, the parties signed the relevant credit agreements within the framework of the memorandum on strategic partnership and cooperation on…