The Interdepartmental Commission on International Trade (ICIT) has initiated a review of safeguard measures on imports of cut fresh roses to Ukraine, regardless of the country of origin and export, due to the expiration of the measures.
As stated in the decision of the ICIT dated April 12, which came into force on April 17 and was published in the Uryadovy Courier newspaper, Ascania-Flora LLC proposed to extend the special duty on imports of roses to Ukraine introduced three years ago: the duty rate in the first year of its validity was 56%, in the second year – 44.8% and in the third year – 35.84%.
The Ministry of Economy provided the results of consideration of this appeal, according to which the application of safeguard measures had a positive impact on the activities of the domestic producer, but did not fully eliminate the consequences of the damage caused to it.
The ICIT concluded that Ascania-Flora’s application contained sufficient information to indicate that the domestic producer was in the process of adapting to the conditions of competition.
Thus, the ICIT decided to review the safeguard measures on imports of fresh roses (UCG FEA code 0603 11 00) and their exports to Ukraine and entrusted it to the Ministry of Economy.
As reported, the ICMT’s decision of April 16, 2021, to impose a special duty on the import of roses was published in the Uryadovyi Kurier newspaper on April 21 of that year and entered into force 30 days after the date of publication.
According to the State Statistics Service, in January-February of this year, Ukraine imported 470.08 thousand pieces of cut roses, or 20.6 tons, worth $149 thousand. The main supplier of them is Ethiopia – 392.43 thousand pieces for $2103.5 thousand.
In turn, Ukraine exported 72.65 thousand roses worth $50.7 thousand to Lithuania and Moldova in two months.
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Centravis Production Ukraine, a part of Centravis Ltd. holding, increased pipe production by 14% year-on-year to 3.2 thousand tons from 2.8 thousand tons in January-March this year.
According to a press release on Wednesday, citing Andriy Krasiuk, the company’s production director, the company has reached a good production rate.
“We are doing our best not to slow down and, most importantly, not to stand still. Despite the difficult situation in the country, we continue to invest in new developments. Recently, our team took part in the international Tube exhibition in Düsseldorf. We received a lot of interesting information from there. We are analyzing global trends and preparing to process requests from potential customers,” said Krasiuk.
As reported, Centravis increased production by 12% to 12.2 thousand tons in 2023. More than 98% of its products are exported.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
The administration of US President Joe Biden is preparing a new aid package for Ukraine worth about $1 billion, which is to be approved by Biden after the Senate passes a new bill on foreign aid funding, CNN reported on April 23, citing its sources.
It is noted that the United States is likely to send Ukraine long-range ATACMS, or Army Tactical Missile Systems, for the first time as part of the new aid package.
According to CNN, earlier Senator Mark Warner, chairman of the Senate Intelligence Committee, expressed hope that the ATACMS missiles would be sent to Ukraine by the end of next week. “This should have happened six months ago. The next best time is right now,” Warner said.
The package is also expected to include ammunition, including air defense and artillery munitions, Bradley fighting vehicles and other weapons.
At a meeting on Tuesday, April 23, the Cabinet of Ministers of Ukraine adopted a decision that will help attract an additional EUR100 million from the Council of Europe Development Bank to restore Ukrainian healthcare, Prime Minister Denys Shmyhal said.
“Another decision adds EUR15 million from the European Investment Bank as part of the financing of the bank guarantee program. This will improve the conditions for obtaining preferential loans for Ukrainian small and medium-sized enterprises,” he said, according to the government’s press service.
In addition, the European Commission has supported Ukraine’s plan under the Ukraine Facility program. According to the Prime Minister, EUR1.5 billion is expected to be received this week under this EU program.
NovaPay, a financial company of the Nova group of companies, has installed 2.8 thousand of its own POS terminals in 1.9 thousand Nova Poshta offices across Ukraine, except for the temporarily occupied territories, the company said in a statement on Tuesday.
“Our goal is to provide all Nova Poshta branches with NovaPay POS terminals,” the release quotes NovaPay Chief Innovation Officer Oleksiy Ruban as saying.
According to him, the installation of its own POS terminals increases the speed and security of service, and also allows you to quickly resolve problematic issues in case of equipment failures and not to seek help from partner banks.
At the beginning of this year, Nova Poshta’s network in Ukraine consisted of 11.46 thousand branches and 15.59 thousand post offices in more than 10 thousand settlements throughout Ukraine.
As reported, NovaPay plans to install 10 thousand POS terminals in Ukraine by 2025.
NovaPay is an international financial service founded in 2001, part of the Nova group, which provides online and offline financial services at Nova Poshta offices. According to its website, the company employs about 13 thousand people in more than 3.6 thousand Nova Poshta offices across Ukraine. According to the National Bank of Ukraine, the company accounts for 35% of the total volume of domestic money transfers.
The total number of transactions through NovaPay in 2023 reached 354 million, which is 31% more than in the previous year, and their amount increased by 41% to UAH 235.5 billion.