The Ukrainian government has officially requested to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), officials from Japan and New Zealand confirmed to Reuters on July 7. On July 5, the New Zealand government – the legal depositary for CPTPP – announced that it had received Ukraine’s application for the free trade agreement. … 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
The Ukrainian government is not planning to raise the tax burden until the end of the war, but will return some taxes that were previously lowered to their pre-war levels next month, the Ukrinform news agency quoted Prime Minister Denys Shmyhal as saying on July 5. “In part, we expect that the return of taxes … Read more
In Ukraine, during the two years of the land market’s existence, from July 1, 2021, to July 1, 2023, 1% of agricultural land has been sold off, Deputy Minister of Agrarian Policy Denys Bashlyk announced on July 4, as reported by news agency Ukrinform. “The amount of land [previously] under the moratorium was 27.5 million … Read more
Poland is exploring the creation of an experimental Ukraine border crossing to streamline freight truck passage, thanks to the combined efforts of Ukrainian and Polish border guards and customs officers. This was announced by Grzegorz Ostach, a board member of the Polish Investment and Trade Agency (PAIT), during a July 4 conference on the development … Read more
The Ukrainian market for new commercial vehicles (trucks and special-purpose vehicles) saw 1,068 vehicle sales in June, marking the best result in the past 17 months, according to auto industry association Ukravtoprom on July 04 Compared to June 2022, registrations in this segment of the auto market increased 2.5 times, reaching 12% growth compared to … Read more
In June of this year, the general fund of Ukraine’s state budget earned 133.7 billion hryvnias, according to the press service of the Ministry of Finance, citing the data of the State Treasury. Ukraine managed to maintain macro-financial stability and attract significant amounts of international aid, which will positively impact the prospects of post-war recovery. … 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
Multinational firm Unilever has been included in Ukraine’s list of international sponsors of war, the National Agency for Corruption Prevention (NACP) reported in a press release on July 3. The company, known as a global leader in the food and household chemicals market, owns over 400 brands including Domestos, Axe, Rexona, Dove, Calve, Rama, Brooke … Read more