President of Belarus Alexander Lukashenko believes that Ukraine and Belarus may jointly apply for hosting the Olympic Games in the future.
“The President of Ukraine offers us to think together about whether we can even apply for hosting the Olympic Games. We can do it, two countries can,” he said, speaking at the Second Forum of Regions of Ukraine and Belarus in Zhytomyr on Friday.
Ukraine’s seaports, whose share in import deliveries of diesel fuel is rapidly growing amid the introduction of duties on Russian resources supplied by pipeline, will have to accept a record volume of diesel fuel in the amount of 150,000 tonnes in October, director of A-95 Consulting Group (Kyiv) Serhiy Kuyun said on Facebook.
According to him, to date, the record volume fixed in the autumn of 2015 was 130,000 tonnes.
Kuyun said that in September the share of seaports in the structure of import deliveries was 20%, whereas a year earlier it was 10%. The share of fuel supplies from Belarus is 53% (against 36% in September 2018), Russian deliveries by rail 6% (against 3%), Russian deliveries through Gomel 12% (against 9%), and Lithuania’s share some 9% (against 8%).
“After the tense first half of September, when the price of diesel fuel increased by more than 11% due to deficit, the market was balanced by the end of the month even with a slight surplus. It will come in handy in October, when supplies from Belarus are expected to fall due to the halt of Mozyr oil refinery,” the expert said.
The required amount of fuel, he said, will be covered by increasing supplies through seaports, oil refining by Ukrtatnafta, and railway deliveries from Russia.
Commenting on the market price situation in September, he noted that the cost of diesel fuel is not yet striving to decrease.
Ukraine in January-August 2019 sold industrial products (goods, services) for UAH 1.685 trillion, which is 4.7% more than in January-August 2018 (UAH 1.609 trillion), in particular abroad for UAH 457.496 billion, the State Statistics Service has said.
According to its data, in August 2019 compared with August 2018, the turnover of goods sold in mining and processing industries grew by 0.4%, and from July 2019 decreased by 5.1%. At the same time, sales in mining industry in August 2019 compared with August 2018 increased by 2.5% (compared to July 2019 decreased by 9.2%), in processing industry decreased by 0.1% (compared to July 2019 by 4%).
In the total volume of industrial products sales for the eight months of 2019, the largest share fell on processing industry (63.8%), the supply of electricity, gas, steam and air conditioning (18.1%), mining industry and quarrying (16.9%), and metallurgical production (16.8%).
As reported, in 2018 industrial products (goods, services) were sold for UAH 2.509 trillion, which is 16.5% more than in 2017.
Businesses are signaling problems with the timely budget reimbursement of value added tax (VAT), Andy Hunder, the President of the American Chamber of Commerce (AmChem), has stated.
“We began to receive signals from the companies about delays in VAT refunds,” Hunder said, addressing Prime Minister Oleksiy Honcharuk.
He also emphasized the importance of transparent VAT refunds, as well as protecting the rights of investors in Ukraine.
Official rates of banking metals from national bank as of October 04
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 04/10/19
Source: National Bank of Ukraine
