Ukrainian producers of meat and meat products have asked the Ministry of Agrarian Policy and Food to consider the possibility of exporting these products to China, the ministry’s press service reported. “We specially met with profile associations and representatives of the State Service on Food Safety and Consumer Protection before the trip of the Ukrainian … Read more
Ukraine has submitted an official request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Japan and New Zealand authorities announced on Friday. Reuters reports that New Zealand, which acts as the legal depository of the partnership, has received an official request from Ukraine to join, the representative of the Ministry of … Read more
Ukraine’s foreign currency reserves have reached almost $39 billion, a record high for the country, Andriy Pyshnyy, the governor of the National Bank of Ukraine, Ukraine’s central bank, said in a post on Facebook on July 6. “This is an incredible result for the country in the context of a full-scale war,” Pyshnyy wrote. “This … Read more
Despite the occupation of much of its agricultural lands, ongoing Russian naval blockade, and EU restriction on exports, Ukraine has managed to export 48.99 million tons of grain and legumes between July 1, 2022 and June 30, 2023, Ukrainian news agency Interfax-Ukraine reported on July 3, citing government data. Notably, this is 641,000 tons more … Read more
The volume of IT exports in May 2023 grew by 9.5% compared to April, but it remains lower than last year’s figures, the Lviv IT Cluster reported on July 3, referring to data from the National Bank of Ukraine. Ukraine’s IT exports amounted to $2.8 billion in the first five months of 2023. Thus, export … Read more
Businesses have once again evaluated their current performance positively for the third consecutive month, as reported in the Business Activity Expectations Index by the National Bank of Ukraine (NBU) on July 3. In June, the business climate index remained above the neutral level of 50 points, rising to 50.8 compared to 50.5 in May. Positive … Read more
The National Bank of Ukraine (NBU) has decided to keep the key policy rate unchanged at 25%, as market participants expected, the NBU reported on its website on Thursday. “In order to maintain exchange rate sustainability, with a view to ensuring a steady decline in inflation and creating the right conditions for a gradual easing … Read more
The National Bank of Ukraine (NBU) has eased currency restrictions by allowing the transfer of funds abroad for the repayment of certain foreign loan categories, the central bank reported on June 15. “The NBU made the relevant decisions to ease FX restrictions in view of the stable situation on the FX market, the sufficiently high … Read more
Canada has opened its market for Ukrainian products, in particular milk and dairy products, the press service of the State Service of Ukraine on Food Safety and Consumer Protection has reported. “Thanks to the joint work of the State Food and Consumer Service and the Foreign Ministry, a new market has been opened for the … Read more
Consumer price growth in Ukraine in May 2023 accelerated to 0.5% from 0.2% in April after slowing down from 1.5% in March, 0.7% in February and 0.8% in January, the State Statistics Service reported on Friday. At the same time, inflation of 2.7% was recorded in May 2022, therefore, year-over-year in May 2023, it decreased … Read more