Ukraine’s economy in 2017-2021 may grow by 2-5% per year. This was the forecast made by 54.2% of participants surveyed at the Ukrainian Financial Forum, organized by ICU (a financial services company) in Odessa on September 29-30. According to a poll conducted among the participants, 37.5% of respondents forecast an increase in the country’s GDP…
In August Ukraine exported 85 KMT of sunflower meal against 256 KMT in July 2016 and 102 KMT in August 2015. Thus, total volume exported in 2015/2016 MY (September-August) equals 3655.4 KMT against 3364.1 KMT in the previous season. In 2015/2016 Ukraine considerably diversified its sunflower meal export market, delivering it to 16 countries. Moreover,…
In January-August fish and seafood products worth $77 million were imported from Norway to Ukraine, which makes 78% of total imports from Norway. According to acting State Fiscal Service Deputy Head Myroslav Prodan, there are no systemic problems with the customs valuation of fish and seafood products from Norway, and thus the positive trend is…
Turkey is interested in agrarian products and research institutions in the agricultural sector. This has been said by the Deputy Minister of Agrarian Policy and Food on European Integration Olha Trofimtseva after the third meeting of the Ukrainian-Turkish working group on agriculture. “Ukraine is interested in exports of vegetable oils, including sunflower, as well as…
Public joint-stock company Ukrzaliznytsia is testing TE33€ freight diesel locomotive made by General Electric Corporation (the United States). “The General Electric’s locomotive is being tested in Ukraine. The tests will last for four months. All its capabilities will be tested”, Ukrainian Infrastructure Minister Volodymyr Omelyan said at the presentation of the locomotive in Kyiv. He…
Ukrainian farmers continue to harvest sunflower. As of September 26, 3160.6 thousand ha had been threshed, or 53% of the planned area (5916.2 thousand ha), down by 2% YoY (3227 thousand ha). 6757.6 KMT was obtained with the average yield of 2.14 MT/ha (in 2015 – 6619 KMT with yield of 2.05 MT/ha). Soybeans had…
Ukraine, that lost three places in the Global Competitiveness Index (GCI) published by the World Economic Forum a year ago, has fallen six places more and was 85th among 138 countries. Ukraine had low scores in the following areas: financial market development (130th), institutions (129th), macroeconomic environment (128th), goods market efficiency (108th) and business sophistication…