FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-MARCH 2021 (EXPORT)
Ukraine since the beginning of the 2020/2021 marketing year (MY, July-June) and as of April 30, 2021 had exported 38.92 million tonnes ofgrains and legumes, which is 22.9% less than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 15.08 million tonnes of wheat, 19.11 million tonnes of corn, 4.12 million tonnes of barley have been exported.
As of the indicated date, 106,100 tonnes of flour were also exported.
According to the Ministry of Agrarian Policy and Food, Ukraine exported 56.72 million tonnes of grain and leguminous crops in the 2019/2020 MY.
As reported, the Ministry of Economic Development, Trade and Agriculture of Ukraine in February predicted a decline in exports ofgrains and legumes in the 2020/2021 MY by 20.5% compared to the previous MY, to 45.4 million tonnes.
ASTARTA expands its product range and launches a pilot project on invert sugar syrup production. The initial batch is scheduled for August 2021.
The process of technological reequipment of the enterprise has already started. A special processing line will be installed at the Novoorzhytskiy sugar factory in the first half of July. The total investments are UAH0.5m.
– The main consumers of the first batch of inverted syrup will be Ukrainian beekeepers. This product can be used as feeding during the overwintering of bee colonies and helps to increase their productivity. It will also allow beekeepers to increase efficiency in their apiaries, introduce modern technologies and maintain a leading position in honey production in the world, – said project manager Ivan Chepak.
Invert sugar syrup is in demand with the confectionery industry as well. Therefore, in case of successful implementation of the pilot project, ASTARTA plans to increase the production of invert syrup and expand the marketing capabilities.
Thus, forming the added value of its products, ASTARTA increases the volume of products with a higher degree of processing, creates efficient production with a closed technological cycle and performs technical and technological reequipment of its enterprises.
The European Union has officially published its list of sectoral sanctions against Belarus.
In line with the decision of the EU Council, which was published in the EU’s official journal, the ban on import or transit from Belarus of highly significant export goods for the country, petroleum products and potash fertilizers, applies to contracts signed after June 25, 2021. The EU sanctions thus do not apply to current contracts for supplies of petroleum products and potash fertilizers.
“It shall be prohibited […] to transport petroleum products if they originate in Belarus, or are being exported from Belarus to any other country; to provide, directly or indirectly, technical assistance, brokering services, financing or financial assistance, including financial derivatives, as well as insurance and re-insurance […]. The prohibitions […] shall be without prejudice to the execution of contracts concluded before June 25, 2021, or ancillary contracts necessary for the execution of such contracts,” the document said.
Similar sanctions are envisaged for potash fertilizers from Belarus. “It shall be prohibited to import, purchase or transfer, directly or indirectly, potassium chloride (‘potash’) products […] from Belarus, whether or not originating in Belarus. The prohibitions […] shall be without prejudice to the execution of contracts concluded before June 25, 2021, or ancillary contracts necessary for the execution of such contracts,” it said.
BANS, BELARUS, EUROPEAN UNION, IMPORT, OIL PRODUCTS, TRANSIT
Boryspil International Airport (Kyiv) in May 2021 posted a profit of UAH 40 million, the press service of the airport reported, with reference to head of the supervisory board Volodymyr Zhmak.
“The return of Boryspil airport to profitability is a positive signal for the entire industry. The implementation of the airport’s anti-crisis program ensured cost reductions while increasing revenues, therefore, returned the airport to the level of profitability,” Zhmak said.
He added that the airport is actively working to attract new air carriers.
“Those airlines that operated at the airport before the crisis continue to fly and increase the number of flights. Moreover, new airlines are coming to us in 2021. In particular, Cyprus Airways began regular flights in May, and in June Flynas low cost airline operated its first flight from Saudi Arabia, we expect Eurowings, Wizz Air Abu Dhabi and several other new carriers,” he added.
As reported, Boryspil International Airport, according to the report of ACI Europe (Airports Council International Europe), ranked 14th in the list of the largest airports in Europe in terms of the number of passengers.
President of Ukraine Volodymyr Zelensky has approved by decree the decision of the National Security and Defense Council (NSDC) on the introduction of personal sanctions against Ukrainian and Russian businessmen Dmytro Firtash and Pavlo Fuks, the press service of the head of state said.
“To put into effect the decision of the National Security and Defense Council of Ukraine dated June 18, 2021 ‘On the application of personal special economic and other restrictive measures (sanctions),'” the document says.
In total, on the proposal of the Security Service of Ukraine, sanctions were imposed against 538 individuals and 540 legal entities.
Corresponding decree No. 266/2021 of June 24 was published on the website of the head of state and comes into force on the day of its promulgation.
