The Cabinet of Ministers of Ukraine supported a decision to impose a complete embargo on imports of goods from the Russian Federation, the Ministry of Economy said on Sunday, citing First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko. “Such a decisive step by Ukraine can serve as an example for our Western partners … Read more
During the sowing season 2022, Ukraine sowed main agricultural crops on 1.07 million hectares of land, which is 7.9% of the 13.44 million hectares planned for the current season, including 0.47 million ha sown during the week from April 1 through April 8. The start of sowing spring crops in all regions of Ukraine except … Read more
The rise of consumer prices in Ukraine in March 2022 accelerated to 4.5% from 1.6% in February, while 1.3% in January and 0.6% in December, the State Statistics Service has said on Friday. In March 2021, inflation was 1.7%, so in annual terms, in March 2022, it rose to 13.7% from 10.7% in February and … Read more
Prime Minister Denys Shmyhal says that the government will soon decide to completely stop import and export operations with Russia. “Yesterday, during a meeting, we discussed with President of Ukraine Volodymyr Zelensky the issue of Ukraine’s imposition of an embargo on trade in goods from the Russian Federation. Ukraine has completely stopped import and export … Read more
As of April 1, 2022, the KSE Institute estimated the damage to Ukraine’s infrastructure from the war in the country at $68.2 billion, or almost UAH 2 trillion, while over the past week the estimate of losses increased by $5 billion, according to a press release of the analytical division of the Kyiv School of … Read more
In March 2022, Ukraine exported 5.97 million tonnes of goods worth $2.7 billion, which is 54.6% less than in February in terms of quantity and half in value, while imports of goods to Ukraine in March amounted to 5 million tonnes for $5.9 billion, which is more than 66.7% less than in February. “Ukraine’s export … Read more
Ambassadors of G7 counties promised to coordinate their efforts with Ukraine’s international partners to support the country’s economic recovery. This is stated in a statement by the ambassadors of the “G7” on Twitter. They will also work to encourage Ukraine to return to the path of economic and judicial reforms after the war. At the … Read more
The terms related to the protection of intellectual property rights, as well as the procedures for acquiring these rights, are suspended for the duration of martial law, such a law On the protection of interests in the field of intellectual property during martial law (No. 7228) was adopted by the Verkhovna Rada 1 April, with … Read more
The Verkhovna Rada adopted at a first reading bill No. 7232, which provides for the application of a coefficient of 1.5 to the rates of corporate income tax, environmental tax, royalty and property tax for companies that refuse to leave the Russian market. A total of 309 MPs backed the bill at the first reading … Read more
Eurobonds of Ukraine on Tuesday rose by an average of 14.4% on news of the results of negotiations between Kyiv and Moscow in Istanbul: if securities maturing in 2023 and 2024 grew in price by 10.6% to 12.5%, then growth prices of shorter and longer ones reached 17.2% and 16.6%, respectively. According to Bloomberg at … Read more