The effect for Ukraine from additional trade preferences, the draft regulation of was presented in September, in terms of product exports to the European Union will reach nearly $100-150 million, the Deputy Minister of Economic Development and Trade of Ukraine – Trade Representative of Ukraine Nataliya Mykolska declared. According to her, it is not the…
In 2017PJSC Ukrzaliznytsia intends to purchase 9,000 new freight wagons, Prime Minister of Ukraine Volodymyr Groysman has said. “We are approving a serious program of Ukrzaliznytsia modernization. Next year we will purchase 9,000 new cars, I mean cargo wagons, plus there will be passenger carriages”, he said during his visit to Kriukiv Car Building Works…
Ukrainian President Petro Poroshenko has signed the law on amendments to certain legislative acts of Ukraine on elimination of administrative barriers to exports of services, adopted by the Verkhovna Rada on November 3. According to the official website of the president, the document will minimize administrative barriers when signing international contracts, as well as accounting…
10.4 KMT of rapeseed oil was shipped to foreign markets in October against 15.4 KMT in September and 16.4 KMT in October 2015. In total 41.7 KMT was supplied to foreign market in the first four months of 2016/2017 (July-October), down by 63.2 KMT (60%) YoY (104.9 KMT). The rapeseed oil export trends are similar…
Ukraine has imported 740 tons of propane-butane mixture (LPG) from Azerbaijan in the beginning of the third decade of November, according to UPECO consulting company. Ukraine hasn’t previously received liquefied gas from Azerbaijan. “The importers are Ukrainian Nadezhda company and SOCAR Energy Ukraine (subsidiary of Azerbaijan’s state oil company SOCAR), which contracted for 530 tons…
According to the information of the State Statistics Service, Ukraine’s reserves of grains and pulses totaled 27.11 MMT as of November 1, down by 12% YoY (31.71 MMT). Wheat stocks decreased by 16% to 12.13 MMT against 14.44 MMT as of November 1, 2015. Corn stocks shrank by 18% to 10.54 MMT, as harvesting in…
In 2015/2016, corn exports from Ukraine were down by 11.4% YoY, at 16.76 MMT. The corn harvest decrease was the main factor that slashed deliveries to all the key destinations except for the EU – on the contrary, Ukraine managed to boost exports to Europe by 44.4% to 8484 KMT. The situation may change in…