UK extends tariff-free trade with Ukraine until 2029

The UK will support Ukrainian business by extending tariff-free trade for another five years until 2029, the UK Department for Business and Trade said in a statement on Thursday. According to it, UK Trade Minister Greg Hands and First Deputy Prime Minister, Minister of Economy of Ukraine Yulia Svyrydenko will sign the document at a … Read more

Poland plans to impose VAT on Ukrainian vegetable oil, cap sugar imports from Ukraine

The Polish Agriculture Ministry plans to propose charging 8% VAT on Ukrainian vegetable oil and capping sugar imports from Ukraine to Poland, Polish Deputy Agriculture Minister Michal Kolodziejczak said in an interview with TVP Info. Poland’s Agriculture Ministry is analyzing data, including what amount of frozen raspberries was delivered from Ukraine and Poland this year, … Read more

Export through Ukrainian sea corridor reaches 20 mln tonnes

The Ukrainian sea corridor created by the Ukrainian Navy since August 2023 has ensured the export of almost 20 million tonnes of products, including 14.3 million tonnes of agricultural products, the Ministry for Communities, Territories and Infrastructure Development of Ukraine said, citing Deputy Prime Minister for Restoration of Ukraine Oleksandr Kubrakov. “During the six months … Read more

Ukrainian IT exports face first decline in years

The export of IT services demonstrated an unprecedented decline in both volume and share of total exports in 2023, reported IT Ukraine Association on Feb. 1. IT industry generated $6.7 billion in revenue for the Ukrainian economy, which is 8.5% or $622 million less than in 2022. While remaining the country’s largest exporting industry, IT sector reduced its share in total service exports to 42%, compared to 45.3% … Read more

EU Commission offers to cancel customs duties for Ukrainian import for another year

The European Commission has officially proposed to extend the suspension of import quotas and duties for Ukrainian exports to the EU for another year while including safeguards for agricultural products as demanded by several EU countries. The President of the European Commission, Ursula von der Leyen, stated this, the European Pravda reported. The publication noted … Read more

Spain interested in importing Ukrainian corn, sunflowers

Spain is ready to promote Ukrainian agricultural exports and is interested in importing Ukrainian agricultural products, in particular corn and sunflowers, Minister of Agriculture, Fisheries and Food of Spain Luis Planas Puchades at an online meeting with Minister of Agrarian Policy and Food of Ukraine Mykola Solsky on Monday. According to the press service of … Read more

Ukraine, Poland enter talks on grain export quotas

Warsaw and Kyiv are getting ready to begin technical negotiations on export licenses for Ukrainian agricultural produce entering Poland, public broadcaster Polskie Radio 24 reported on Jan. 23. The talks will begin in a few days and will hopefully put an end to the months-long trade dispute between the two countries, Polish Agriculture Minister Czeslaw … Read more

Exports via Ukrainian sea corridor reaches 15 mln tonnes – Kubrakov

The new Ukrainian sea corridor created by the Ukrainian Navy has ensured the export of almost 15 million tonnes of products since August 2023, 10 million tonnes of which are agricultural products, Deputy Prime Minister for Reconstruction of Ukraine, Minister of Communities, Territories and Infrastructure Development Oleksandr Kubrakov has said. “Over the five months the … Read more

Exports via Black Sea grain corridor have doubled since August – Ukrainian minister for restoration

Exports through the Black Sea corridor introduced by Ukraine amounted to about 13 million tons at the end of December, compared to 7 million tons at the beginning of December Ukraine’s minister for restoration Oleksandr Kubrakov says since August, 13 million products have been exported through Ukrainian ports by 400 vessels to 24 different countries. … Read more