Business news from Ukraine

Cabinet of Ministers allowed export of 100 thousand tons of coal to Poland

17 September , 2022  

The Cabinet of Ministers of Ukraine allowed the export of 100 thousand tons of coal, which is planned to be delivered to Poland.
Taras Melnichuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, said on Telegram that a corresponding change was made at a government meeting on Friday in the list of goods whose exports and imports will be subject to licensing, and quotas for 2022.
Earlier, Prime Minister Denys Shmyhal said that at the request of the Polish side, Ukraine is ready to consider the possibility of opening a quota for the export of 100,000 tons of coal.
He specified that coal reserves in the warehouses of Ukrainian power plants amount to almost 2 million tons, which is 2.5 times more than a year ago. “Therefore, we are ready to lend a shoulder of support to our Polish friends,” he stressed.
As reported, since mid-June 2022, Ukraine has set zero quotas for the export of all types of coal, except for coking coal, and on September 7, it completely banned the export of Ukrainian coal.
According to the State Customs Service, Ukraine’s coal exports for eight months of 2022 amounted to 523.863 thousand tons for $166.667 million, incl. to Slovakia – by $108.295 million, Poland – by $35.028 million, Hungary – by $20.779 million, other countries – by $2.565 million.

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