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
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
The European Union will gradually lift its ban on imports of certain agricultural products from Ukraine to Poland, Hungary, Romania, Bulgaria, and Slovakia by Sept. 15, the press service of the European Commission has said. The restrictions will be reduced from 17 to 6 tariff lines for four products — wheat, maize, rapeseed, and sunflower … Read more
Just as it was about to expire, the Black Sea Grain Agreement has been extended for a further two months, Turkish President Recep Tayyip Erdogan said in a Telegram post on May 17. “With the efforts of our country, the support of our Russian friends, and the contribution of our Ukrainian friends, a decision has been … Read more
President of Türkiye, Recep Tayyip Erdoğan, announced the extension of the Black Sea grain initiative for another two months until July 18. Without the extension, the agreement would have expired automatically on Thursday, May 18. With the efforts of our country, the support of our Russian friends, the contribution of our Ukrainian friends, it was … Read more
The USAID Competitive Economy Program has launched a grant program to create and support associations of enterprises in export alliances with a total funding of $1.5 million, the Ministry of Economy reported on May 12. The program is designed to support businesses that seek to jointly promote their products in international markets. “Given the blocking of Ukrainian exports and … Read more
The European Parliament has given the green light to suspending EU import duties on Ukrainian exports of agricultural products for another year to support the country’s economy, the agency said in a press release on May 9. The relevant decision was backed by 537 MEPs, with 42 against and 38 abstentions. According to EU officials, the suspension … Read more
The European Parliament has voted to extend duty-free trade with Ukraine for an additional year to provide support to the Ukrainian economy during Russia’s war. Radio Svoboda correspondent Rikard Jozwiak reported on Twitter that at the plenary session on May 9, parliamentarians supported continuing tariff-free trade with Ukraine by 537 votes in favor, while 42 … Read more
Moldova is planning to join the European Union’s decision to restrict imports of agricultural products from Ukraine, the Moldovan Ministry of Agriculture reported on May 6. The European Commission banned the imports of four Ukrainian products to five EU countries on May 2, citing “severe logistical bottlenecks” in processing those goods. On May 6, Moldovan Agriculture Minister Vladimir Bolea informed his … Read more
Ukraine exported 48,000 tonnes of honey in 2022, which is 16.7% less than a year earlier, the Ukrainian Agriculture Export Association reported. According to its data, the decline in exports in monetary terms was not so significant – by 4.6%, to $137 million. “In recent years, honey has become one of those products that bring … Read more