National bank of Ukraine’s official rates as of 01/07/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of July 01
One troy ounce=31.10 grams
Ukrainian Foreign Minister Dmytro Kuleba held a telephone conversation with French Foreign Minister Jean-Yves Le Drian at the initiative of the French side.
“Dmytro Kuleba separately touched upon the issue of France’s recognition of Ukrainian certificates of vaccination against COVID-19. The parties agreed that the corresponding Ukrainian-French consultations will soon take place,” the Ukrainian Foreign Ministry said on Thursday.
The ministers noted the unprecedentedly high level that bilateral relations between Ukraine and France have now reached. The French minister expressed satisfaction with the close dialogue he had with his Ukrainian counterpart.
Le Drian expressed his gratitude to Kuleba for his personal assistance in the quick and well-coordinated relocation of the French Embassy in Ukraine to the new premises.
“The ministers welcomed the active development of economic cooperation, in particular the conclusion of four strategic intergovernmental agreements totaling more than EUR 1.3 billion. The parties positively noted a recent visit of a plenipotentiary delegation of the Movement of the Enterprises of France [MEDEF] to Ukraine, which included top leaders of a number of French companies,” the Ministry of Foreign Affairs of Ukraine said.
The parties also discussed the prospects for the Normandy format at all levels: heads of state and government, foreign ministers, and advisers to leaders.
“Kuleba noted that Ukraine highly appreciates the efforts of France in the framework of the Normandy format, which despite the provocative behavior of Russia, remains the main platform for the settlement of the Russian-Ukrainian armed conflict,” the ministry said.
In addition, Le Drian explained in detail to Kuleba the motives behind a recent German-French initiative to restore the EU’s dialogue with the Russian Federation, which did not find support among the EU member states.
“The French minister stressed that Paris is in favor of a demanding dialogue towards Moscow. The head of Ukrainian diplomacy recalled that the EU suspended summits with Russia in 2014 as a result of Russia’s aggression against our state, and without constructive steps from the Russian side, there are no grounds to talk about the restoration of this format of a dialogue,” the report said.
The Lekhim Group of Companies plans to supply the first 500,000 doses of the Chinese vaccine against coronavirus (COVID-19) CoronaVac produced by Sinovac and purchased by the British agency Crown Agents at the expense of the national budget.
The company told Interfax-Ukraine on Thursday, the first delivery under this contract is expected on July 5.
In addition, the company said that on July 29, Lekhim carried out the last delivery of this vaccine under a contract with state-owned enterprise Medical Procurement of Ukraine.
As reported, Lekhim supplied 1.9 million doses of CoronaVac vaccine to Ukraine under a contract with the Health Ministry.
The contract with Crown Agents provides for the delivery of 7.7 million doses of this vaccine to the country.
From July 1, key trading platforms of the world will be able to act as a tax agent for sellers, including sellers from Ukraine, thanks to which the procedure for registration of shipments to EU countries will be significantly simplified for the latter and, provided that the shipment is correctly processed, the time for passing through customs control will be reduced.
The press service of Ukrposhta reported on Wednesday that key marketplaces such as Etsy, eBay, Wish, Amazon and others, in particular, will independently calculate VAT on goods sold that are sent to Europe, and will directly settle with the tax authorities of the countries of delivery.
“For Ukrainian entrepreneurs, this means that all parcels to Europe with goods worth up to EUR 150, which will pass the correct registration in the personal account of Ukrposhta, will be delivered as quickly as possible and automatically go through customs in a few seconds. Previously, customs clearance of parcels could take from one day to a week, depending on the workload of customs inspectors,” the company said.
The rate of value added tax (VAT) on livestock products, rye, oats, flax seeds and sugar beets, reduced from the beginning of the year to 14%, will be returned to the level of 20%.
An Interfax-Ukraine correspondent has reported that the Verkhovna Rada adopted bill No. 5425-d on Thursday with 309 supportive votes with the required minimum of 226 votes.
The 20% rate will again apply to products with tariff heading 0102 (live cattle), 0103 (live pigs), 0104 10 (live sheep), 0401 (in terms of whole milk), 1002 (rye), 1004 (oats), 1204 00 (flax seeds), 1207 (seeds and fruits of other oilseeds), and 1212 91 (sugar beet).
At the same time, with respect to other grains and oilseeds, the VAT rate remained 14%. In particular, these are goods with codes according to tariff heading 1001 (wheat and meslin), 1003 (barley), 1005 (corn), 1201 (soybeans), 1205 (rape seeds) and 1206 00 (sunflower seeds).
As the head of the specialized agrarian committee Mykola Solsky said earlier, the idea of lowering prices and reducing tax violations at a reduced rate of 14% did not work for livestock products. The adopted bill is aimed at promoting the stability of the price situation in the relevant commodity markets, as well as creating equal and fair conditions for VAT taxation for agricultural producers and enterprises of the processing industry.
