Business news from Ukraine

GERMANY FROM JAN TO APR INCREASED IMPORT FROM RUSSIA BY 60%, WHILE TRADE BETWEEN UKRAINE AND GERMANY FELL BY 11% – AMBASSADOR MELNYK

12 June , 2022  

Import volumes from Russia to Germany have continued to grow since the beginning of 2022, while trade between Germany and Ukraine has fallen, Ukrainian Ambassador to Germany Andriy Melnyk said.

“This is madness. Despite the Russian aggressive war, in January-April 2022, Germany increased imports from Russia by 60% (!) and transferred almost 6 billion euros more to Moscow. Trade between Ukraine and Germany fell by 11%,” Melnyk wrote on Twitter.