The Ukrainian antimonopoly committee has filed a suit to the Kiev Economic Court to enforce recovery of a $3 billion penalty from Russian gas maker Gazprom, an official of the committee reported. The committee imposed the fine in 2015 to punish the company for its monopolist position on the transit gas market. Gazprom said it…Details
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Ukraine needs to build the land market that stimulates the economic development of agriculture, Ukrainian Finance Minister Oleksandr Danyliuk has said. “First we need to decide what the land market will be. Do you think it does not exist? Of course, it does. It exists, but in the way that limits the development of agriculture…Details
In January-September Ukraine imported coal and anthracite valued at $1.039 billion, in particular $133.663 million in September. According to the State Fiscal Service, Russia supplied coal for $674.18 million, the United States for $147.293 million, Australia for $69.103 million, other countries for $148.234 million. The total volume of coal delivered to the country for the…Details
On October 3, Ukraine International Airlines offered Economy Class passengers traveling on UIA short and medium-haul flights the new pre-ordered meal menu. To pre-order an onboard meal, a passenger should visit the UIA website, click the pre-ordered meals link, submit information on the flight date and route, and choose the preferred meal options out of…Details
In July-August of the 2016/2017 marketing year, PJSC State Food and Grain Corporation of Ukraine sold more than 11 thousand tons of flour milling goods on foreign markets and became the top-performer in the rating of Ukrainian flour exporters, the Director of the Department of marketing and sales of finished goods at PJSC SFGCU Viacheslav…Details
Russia’s Finance Ministry has suggested charging from 2018 or 2019 value-added tax (VAT) on goods purchased in foreign online stores, according to a draft tax policy document. “Keeping in mind experience of charging VAT on content sold in Russia by foreign online floors, amendments to the law on taxes and duties will be proposed from…Details
Russia will introduce labeling for products containing palm oil from January 1, 2017, Agriculture Minister Alexander Tkachyov said. “We continue our fight with palm oil and will introduce a new technical rule, where a bold-lettered writing would be placed on a package or a milk carton, so that it is impossible to miss, that there…Details