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Archive for July 2016

  • EIB provided EUR 400 million to Ukrainian farmers.

    The EIB can provide 400 million euros Ukrainian farmers. The European Investment Bank (EIB) can provide funds for subsidized loans Ukrainian small and medium farmers in the amount of 400 million euros. It is reported by the press service of Ministry of Agricultural Policy, with reference to the Head of…

  • Ukraine and Israel planned to conclude an agreement on free trade zone.

    Completed third round of negotiations on the Agreement on free trade with Israel. The negotiators worked main contentious issues of the draft – institutional, general and final provisions, customs procedures, rules of origin, trade, dispute settlement. The main attention is paid to market access for goods. Ministry of Economic Development…

  • In the first six months 2016 Ukraine reduced export of dairy products by 9%, having increased its imports by 59%.

    In January-June 2016 Ukraine exported 178 thousand tons of dairy products, which is 9% less compared to the same period a year earlier. According to the report, dairy products mainly exported to countries of the former Soviet Union (Kazakhstan, Georgia, Turkmenistan, etc.), Morocco. The main commodity items Ukrainian dairy exports…

  • NBU: In the second quarter GDP grew by 1.2%.

    The Deputy Head of the NBU Dmitry Sologub during a press conference that the preliminary estimates of the National Bank, Ukraine’s economy after growth in the first quarter to 0.1% in the second quarter increased by 1.2%. Recall, the results of 2016 NBU expects GDP growth of 1.1%.

  • Grain exports from Ukraine increased by 3.3 times over the past 10 years.

    It is reported that exports of oilseeds increased 3.7 times but in absolute terms, exports reached 3.8 million tons. Export processing grain and oilseed products has increased by 2.8 times, reaching 4.9 million tons in 2015. The average total exports of the above products increased by 3.6 million tons annually,…

  • Extended deadline for settlements of exports and imports to 120 days.

    On July 29, 2016 shall come into force by the National Bank of Ukraine “On amendments to some legislative acts of the National Bank of Ukraine” dated 07.28.2016 p. number 361, which provides: extension of the deadline for settlements of exports and imports of goods from 90 days to 120…

  • Ukraine received $ 2 billion foreign investment in six months 2016.

    During January-June 2016, according to preliminary data, the net inflow of foreign direct investment in Ukraine amounted to $ 2 billion, accordint to the press service of the National Bank of Ukraine. “In January-June, the net inflow of foreign direct investments estimated at $ 2.0 billion, while in the first…

  • Sales of foreign currency on the interbank market increased by 56.04 million dollars of USA.

    Sales of foreign currency on the interbank market increased by 56.04 million dollars of USA. Sales of foreign currency on the interbank market July 28 rose to 56.04 million dollars of USA. According to the National Bank of Ukraine, the total sale of foreign currency on the interbank market on…

  • Ukraine and Malaysia sign agreement on avoiding double taxation.

    Resolution was adopted at a Cabinet of Ministry meeting 27.07.2016. The government has authorized the Foreign Minister Pavlo Klimkin sign an agreement on avoidance of double taxation with Malaysia during the official visit the President of Ukraine Petro Poroshenko to this country in August. “The agreement provides for the elimination…

  • Ukraine actively uses quotas for Free export of barley to the EU.

    As of 27/07/2016 under the economic part of the FTA with the EU, Ukraine was used by 79.3% of the quota for duty-free export of barley, while at the beginning of the month was used 30.7% of the quota. In general, in a deal exported 198.1 thousand and the total…

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