Business news from Ukraine

Business news from Ukraine

CONSTRUCTION OF CARGO TERMINAL AT BORYSPIL AIRPORT TO START IN AUTUMN

The construction of a cargo terminal at Boryspil International Airport (Kyiv region) is scheduled to begin this fall, the press service of the European Business Association (EBA) has said, following a meeting of Deputy Infrastructure Minister Oleh Yuschenko and airport representatives.
According to the EBA, with reference to the Ministry of Infrastructure, design work is currently underway to prepare for the construction of the cargo terminal, for which additional land plots have already been allocated. Provided that all preparatory work is completed on time, construction will begin in the fall and should be completed 16 months later.
“Thus, according to optimistic estimates, Boryspil airport will receive a new cargo terminal by the end of 2021,” the report says.
The association notes that the construction of the terminal will be carried out at the expense of attracted credit funds, which, according to representatives of Boryspil airport, have already been previously agreed upon. In turn, the Ministry of Infrastructure is negotiating, in particular, with Asian countries on attracting additional transit flows and is working on simplifying document flow.
“The business community approves such news, because logistics companies have long been awaiting the implementation of this project. The association’s logistics committee includes companies that transport goods, including by air, in international traffic and within Ukraine. Business representatives have a significant share in freight flow, which passes, in particular, through the cargo terminal of Boryspil airport,” the EBA said.
One of the main reasons that currently hinder the development of air cargo transportation in Ukraine, the association calls the worn-out infrastructure of the cargo terminal of Boryspil airport, since the structure of the terminal and its capacity have remained unchanged for many years. In this regard, problems regularly arise during the transportation of goods, especially in winter, when due to bad weather the airport cannot cope with the volume of load, the association explained.

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UKRAINE CONSIDERS SOUTH AFRICA AS ONE OF MOST IMPORTANT TRADING PARTNERS IN AFRICA

Deputy Head of the President’s Office of Ukraine Ihor Zhovkva and South Africa Ambassador Andre Johannes Groenewald discussed the further development of the bilateral cooperation.
“The parties identified the priority steps to intensify the political dialogue between the two countries and discussed the further schedule of high-level contacts, taking into account the development of the epidemiological situation in the world,” the press service of the President’s Office said.
During the meeting, Zhovkva spoke about the importance of further deepening economic cooperation and noted that Ukraine considers South Africa as one of the most promising trade partners in Africa.
The importance of closer and more constructive interaction between Ukraine and South Africa under its non-permanent membership in the UN Security Council was also emphasized.
“During the meeting, a number of other issues of a bilateral nature were also discussed, including the interaction of the two countries in the fight against the [coronavirus] COVID-19 pandemic and the modalities of the early evacuation of Ukrainian citizens from South Africa,” the presidential press service said.
Zhovkva congratulated the South African Ambassador on Nelson Mandela International Day, which is annually celebrated on the birthday of the politician.

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6.1 MLN PEOPLE USED SERVICES OF UKRAINIAN TOUR OPERATORS IN 2019

Some 6.1 million people used the services of Ukrainian tour operators and travel agents in 2019, the total income of travel companies (legal entities) and travel agents (individual entrepreneurs) amounted to UAH 32.6 billion (excluding VAT), according to data from the State Statistics Service.
According to the department, in Ukraine in 2019 some 1,867 legal entities-subjects of tourism activities and 2,797 individual entrepreneurs-travel agents were registered. The total income of tour operators amounted to UAH 31.9 billion, individual travel agents some UAH 751.4 million.
In the structure of the tourist flow in 2019, inbound tourists accounted for 1.4%, outbound for 90.1%, domestic for 8.5% of the total number of tourists.
Tour operators last year sold 2.93 million vouchers worth UAH 60 billion. Some 2 million vouchers were sold directly to the population, of which 1.85 million to Ukrainians for traveling abroad, 189,400 for traveling within the country, 51,690 for foreigners for traveling in Ukraine.
According to the State Statistics Service, the main purpose of tourists who used the services of tour operators in 2019 was leisure and recreation (4.96 million tourists), business trips and education (267,500), treatment (56,000), specialized tourism (21,300), other purposes (7,100), and sports (3,900).According to statistics, last year travel agents sold 411,400 vouchers for a total of UAH 9.7 billion. Of these, 359,600 vouchers were sold to Ukrainians for traveling abroad, 48,900 for traveling within the country, 2,800 for foreigners.
According to the agency, among the countries from which the majority of foreign tourists arrived on vouchers the leaders were the UK (10,600 tourists), Egypt (10,300), Poland (8,400), Moldova (7,800), Turkey (5,000), and Germany (4,000).
At the same time, Ukrainians mainly bought vouchers to Egypt (2.04 million tourists), Turkey (1.5 million), the UAE (139,600), Spain (136,500), Greece (98,700), Italy (78,200) and Cyprus (74,000).

FOUR UKRAINIANS ARE CAPTURED NEAR NIGERIA COAST

As a result of a pirate attack on the Curacao Trader ship in the Gulf of Guinea off the coast of Nigeria, 13 out of 19 crew members have been abducted, there are four Ukrainian citizens among the captured sailors, the Ministry of Foreign Affairs of Ukraine reported.
“On July 17, 2020, as a result of a pirate attack on the Curacao Trader ship in the Gulf of Guinea off the coast of Nigeria (200 miles southwest), 13 out of 19 crew members were kidnapped. Four citizens of Ukraine were among the seamen,” the press service of the Ukrainian Foreign Ministry told Interfax-Ukraine agency.
Embassies of Ukraine in Nigeria and the United Kingdom have established contact with the shipowner, the operator of the vessel and are clarifying the circumstances of the case, the Foreign Ministry noted.

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SINGAPORE OPENS MARKET FOR UKRAINIAN PORK AND CHICKEN MEAT

Singapore has opened its market for Ukrainian pork. “For the first time since long a foreign market has opened for Ukrainian pork. Singapore’s regulator has accredited a Ukrainian enterprise for export of thermally processed/tinned pork and chicken meat,” the State Service of Ukraine on Food Safety and Consumer Protection said.
It also said that those were the first steps towards the opening of the global market for Ukrainian pork.

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CONSTRUCTION OF CARGO TERMINAL AT BORYSPIL AIRPORT TO START THIS YEAR

The construction of a cargo terminal at Boryspil International Airport (Kyiv region) is scheduled to begin this fall, the press service of the European Business Association (EBA) has said, following a meeting of Deputy Infrastructure Minister Oleh Yuschenko and airport representatives.
According to the EBA, with reference to the Ministry of Infrastructure, design work is currently underway to prepare for the construction of the cargo terminal, for which additional land plots have already been allocated. Provided that all preparatory work is completed on time, construction will begin in the fall and should be completed 16 months later.
“Thus, according to optimistic estimates, Boryspil airport will receive a new cargo terminal by the end of 2021,” the report says.
The association notes that the construction of the terminal will be carried out at the expense of attracted credit funds, which, according to representatives of Boryspil airport, have already been previously agreed upon. In turn, the Ministry of Infrastructure is negotiating, in particular, with Asian countries on attracting additional transit flows and is working on simplifying document flow.
“The business community approves such news, because logistics companies have long been awaiting the implementation of this project. The association’s logistics committee includes companies that transport goods, including by air, in international traffic and within Ukraine. Business representatives have a significant share in freight flow, which passes, in particular, through the cargo terminal of Boryspil airport,” the EBA said.
One of the main reasons that currently hinder the development of air cargo transportation in Ukraine, the association calls the worn-out infrastructure of the cargo terminal of Boryspil airport, since the structure of the terminal and its capacity have remained unchanged for many years. In this regard, problems regularly arise during the transportation of goods, especially in winter, when due to bad weather the airport cannot cope with the volume of load, the association explained.