Ukraine’s losses from restrictions in economic cooperation with Russia are estimated at $900 million in 2016, Ukrainian Deputy Minister of Economic Development and Trade Natalia Mikolskaya said. “In this context, the European Commission has agreed to offer additional trade preferences to Ukraine”, she said, adding however that these funds were not enough “to cover even…
Ukraine’s State Service for Food Safety and Consumers’ Rights Protection has imposed a ban on imports of birds, poultry and by-products from Bulgaria and Hungary. According to a posting on its website, referring to information from the World Organization for Animal Health (OIE), cases of Newcastle disease in Bulgaria and bird flu cases in Hungary…
Market participants are closely watching winter crop condition is Ukraine. Late planting, a substantial temperature drop in November preceded by drought have added to the risk of crop loss while wintering. The first forecasts have appeared, suggesting that over 15% of winter crops will be reseeded in spring. This is a rather pessimistic scenario, as…
In January-September the foreign trade deficit in goods in Ukraine totaled $1.761 billion against $710.2 million of the proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-September the exports of commodities from Ukraine totaled $25.875 billion, down by 8.7% YoY. The import volumes of goods to…
Development of the exports of niche products, grains and oilseeds by-products from Ukraine is a priority for the Ministry of Agrarian Policy and Food, the Deputy Minister of Agrarian Policy and Food of Ukraine for European Integration Olga Trofimtseva declared. According to her, small- and medium-scale farmers are the main players on the reporting market…
National Nuclear Generating Company Energoatom is preparing to export electricity to Belarus, Energoatom President Yuriy Nedashkovsky said. “We are working on exports of electricity to Belarus. This is a framework agreement. It was approved by Belarus and Ukraine. I signed it. Of course, Ukrenergo, Energomarket and the whole range of participants are to sign it”,…
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