The last two months demonstrated the Ukrainian government’s intent to prevent VAT refund amount reduction after its significant decrease in August. However, government will need from six months to a year to gain the market’s confidence. According to government’s representatives, as of October 26, the state VAT debt declined to 16 billion UAH. Experts hope…
The prime ministers of the GUAM (Georgia, Ukraine, Azerbaijan and Moldova) Organization for Democracy and Economic Development are due to discuss transport corridors and a free trade zone, GUAM Secretary General Altai Efendiyev reported. “Ukrainian Prime Minister Volodymyr Groysman has initiated a meeting of GUAM prime ministers in Kyiv to focus on the implementation of…
As of November 8, Ukrainian agrarians harvested 57.23 million tons of grains throughout the areas of 13.017 million ha, or 91% of the plan. The average yield totaled 4.4 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 57.7…
The current 2016/2017 soybean season is completely different from the past one, except for the fact that Ukraine is unlikely to obtain soybean crop higher than 4 MMT again. Each marketing year has its own characteristic features. The 2016/2017 soybean season can be characterized by the following: Planted area reduction due to low production profitability…
Last week milling wheat prices strengthened both on export and domestic markets supported by strong demand. Export prices of Ukrainian milling wheat with 12.5% and 11.5% protein were still equal. They increased by another $3. (UkrAgroConsult/Business World Magazine)
A number of documents were signed in Ljubljana on November 8, in the presence of presidents of Ukraine and Slovenia, Petro Poroshenko and Borut Pahor, press secretary of the Ukrainian president Sviatoslav Tseholko has said. “Ukraine and Slovenia have signed a memorandum of understanding in energy efficiency and alternative fuels”, Tseholko wrote on Twitter. In…
Using Silk Road infrastructure will allow Ukrainian agricultural producers to enter the Chinese market. Advisor to Ukrainian Agrarian Policy and Food Minister Vladyslava Rutytska said this at the 2016 Ukraine Silk Road Forum in Kyiv. “Our companies obtained the right to export dairy products. These products have a very limited shelf life. So, the possibility…