Business news from Ukraine

UKRAINIAN COMPANIES BRING 26.1 TIMES MORE GOODS TO CRIMEA THAN SHIP FROM IT IN H1 – STATISTICS

17 August , 2015  

KYIV. Aug 17 (Interfax-Ukraine) – Shipments of goods to the Crimean free economic zone, which operates in temporary occupied territory of Ukraine, from the rest of Ukraine in the first half of 2015 amounted to $472.5 million, while shipments from Crimea to the rest of Ukraine were estimated at $18.09 million, which was 26.1 down, the State Statistics Service of Ukraine reported on Friday.

Shipments of Ukrainian goods to Crimea in June 2015 alone were estimated at $82.04 million, while they brought goods worth $2.6 million from Crimea, which was 31.5 times down.

Shipments to Crimea to the tune of $81.45 million in May 2015 were 27.6 times down on shipments from Crimea to Ukraine ($2.95 million).

As was reported, Ukraine’s State Statistics Service has started monitoring and publishing data about freight movement between Crimea and the rest of Ukraine only this year.

Special customs regulations are in effect for goods shipment across the administrative border between the Crimean free economic zone to and the rest of Ukraine as of January 1, 2015, under the law on the creation of the Crimean free economic zone and specific procedure for doing business in the temporary occupied territory of Ukraine dated August 12, 2014.