Zelensky: Exemption from VAT, import duty of energy equipment to simplify its supply to Ukraine

President of Ukraine Volodymyr Zelensky has said exemption from VAT and duties on energy equipment will simplify and reduce the cost of its supplies to Ukraine. “Today, the government of Ukraine made an important decision that will help pass the winter period. Imports of goods needed during the heating season will be exempt from VAT … Read more

Ukraine opens import-export of electricity to Slovakia from July 7

From July 7, Ukraine will start export-import of 50 MW of electricity in the direction of Slovakia, according to information on the website of Ukrenergo. According to the terms of the daily auctions announced today for July 7 (announced two days before the start of delivery), the capacity of electricity exports to Romania, as well … Read more

Hetmantsev denies possibility of introducing extra 10% import duty

Head of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Danylo Hetmantsev denies a possibility of imposing an additional 10% import duty on non-critical imports, while the abolition of a list of critical imports of services is still being discussed, he said in an interview with Interfax-Ukraine. “During the meetings, the Ministry of … Read more

Verkhovna Rada restores customs duties, VAT on imported goods from July 1

The Verkhovna Rada of Ukraine has approved the decision to restore customs duties and value-added tax (VAT) on imported goods, including vehicles, from July 1, Deputy Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Yaroslav Zhelezniak said. Respective bill No. 7418 submitted by the government gained 234 votes of parliamentarians, while … Read more

Imports of fuel from EU triples – Ukraine’s Ministry of Economy

Ukraine, with the help of Western partners, has managed to significantly increase fuel imports from EU countries, as a result, in May the country will receive 350,000 tonnes of fuel via completely new logistics routes, the Ministry of Economy has said on its website. “In March-April 2022, measures were introduced that made it possible to … Read more

Ukraine imposes complete embargo on imports of goods from Russia

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

Govt repeatedly expands list of critical imports, including fertilizers, agricultural machinery, pistols

Transportation of passengers and cargo, Internet communications, barley, rape seeds, various types of fertilizers, agricultural machinery, pistols and sports smooth-bore and rifled firearms are new items included in the list of critical imports of Ukraine. Resolution No. 211 dated March 6, resolution No. 219 dated March 7 and resolution No. 226 dated March 8 were … Read more

Ukraine’s exports and imports of agricultural products increased by 22% this year

The foreign trade turnover of agricultural products and foodstuffs for 11 months of 2021 increased by 22% compared to the corresponding period of 2020, to 31.3 billion dollars. The press service of the Ministry of Agrarian Policy reported this. “According to the official data of the State Customs Service, the foreign trade turnover of agricultural … Read more