Ukraine sees 28.6% rise in goods flow with Russia in Jan-Nov 2017, 27.6% rise with EU

Ukraine increased imports of goods from Russia by 38.6% in January-November 2017 year-over-year, to $6.3 billion, the National Bank of Ukraine (NBU) has reported. Exports of goods to Russia rose by 11.9% over the period, to $3.06 billion. Total goods flow grew by 28.6%, to $9.36 billion. The deficit of Ukraine’s trade with Russia over … Read more

Potential of commodity derivatives in Ukraine estimated at almost $30 bln

The adoption of the bill on the capital market and regulated markets (No. 7055) would open an opportunity of creating the full-featured commodity derivative market with the potential volume of around $30 billion, the National Commission for Securities and the Stock Market has said in a press release. Participants of the international practical conference “Development … Read more

Parliament amends Tax Code

The Verkhovna Rada has adopted amendments to the Tax Code to ensure the balance of budget revenues in 2018, which foresees an increase in excise duties for tobacco products by 29.7%, environmental tax rates by 11.2%, and royalty (apart from production of extractable resources) by 16.8%. According to an Interfax-Ukraine correspondent, 252 deputies voted for … Read more

DTEK announces buyback of DTEK Dniproenergo shares for UAH 488.14 per share

DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Dniproenergo about the squeeze-out. According to a report by DTEK Dniproenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 488.1 per share. This is the highest price at … Read more

Rada extends moratorium on agricultural land sale until 2019

The Verkhovna Rada has extended the moratorium on the sale of agricultural land until January 1, 2019. Some 236 people’s deputies voted for relevant bill No. 7350 at a meeting on Thursday. According to the explanatory note to the bill, before the introduction of agricultural land in Ukraine, it is first necessary to develop and … Read more

Ukraine, China implementing some joint projects for $7 bln

Ukraine and China celebrate the 25th anniversary of establishing diplomatic relations and are reaching the new strategic level of cooperation, which envisages the implementation of joint projects for the total amount of near $7 billion, the press service of the Cabinet of Ministers of Ukraine. According to a report published on Tuesday, the relevant agreements … Read more

Cost of 1 ha of farmland if moratorium is annulled could be UAH 50,000-60,000 – agriculture ministry

The price of one hectare of farmland in Ukraine, if a moratorium on the sale of farmland is annulled, could be UAH 50,000-60,000, First Deputy Agricultural Policy and Food Minister of Ukraine Maksym Martyniuk has said. “The shadow land market would exist until the moratorium on the sale of land is in effect. If the … Read more