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

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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.

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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.

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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.

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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…

Ukraine and Malaysia sign agreement on avoiding double taxation.

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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…

Farmers in June increased the sale of sunflower oil to 2.3 thousand tonnes.

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Agricultural enterprises of Ukraine in June realized 2.3 thousand tonnes of sunflower oil, which is 187.5% more than in May 2016, reported the State Statistics Service. In January-June agricultural enterprises realized 5.1 thousand. Tonnes of sunflower oil, which is 13% less than the same period of 2015. As previously reported,…

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