Ukraine exported 6.9 million tons of agricultural products in February 2023, up 14% from the previous month, the association Ukrainian Agribusiness Club (UCAB) said on its Facebook page on Monday.
“This growth was tangible against the background of the fall in the indicator last month, and so – this is the average figure for the last six months. 49% of exports in February 2023 was realized through the work of the “grain corridor,” and the rest through alternative export routes. However, we must necessarily take into account that not all products had time to physically cross the border”, – clarifies the message of the Association.
UCAB notes that in February 2023 it exported 5.2 million tons of grain crops, which is 23% more than in January. By crops, 3.33 million tons of corn (64% of the total), 1.61 million tons of wheat (31%) and 21 thousand tons of barley (4%) were exported to foreign markets.
Ukraine also exported 557 thousand tons of oilseeds during this period – 30% less than in January. Abroad, 328.6 thousand tons of soybeans (59%), 167.1 thousand tons of sunflower seeds (30%) and 61.3 tons of rapeseed (11%).
UCAB also noted that exports of vegetable oils in February increased by 4% against the previous month – up to 435.7 thousand tons, 93% of which was sunflower oil (405.2 thousand tons) and 7% – soybean oil (26.1 thousand tons). In turn, exports of sunflower and soybean cake and meal decreased by 4% to 414.1 thousand tons, including 85% of sunflower waste (351.9 thousand tons) and 15% of soybean waste (62.1 thousand tons).
“February-2023 was the highest monthly export of grain crops since the beginning of the war – 5.2 million tons. Part of this growth was due to a decrease in oilseed crop exports. With the decline in oilseed exports due to the end of export stocks of rapeseed and the reorientation of sunflower seeds to the domestic market, it became possible to export more crops,” UCAB stressed in a report.
As previously reported UCAB, Ukraine exported 7 million tons of agricultural products in December 2022, in November – 7.2 million tons, in October and September – 6.9 million tons, in August – 4.6 million tons, in July – 3 million tons, in June – 2.7 million tons. According to the Ministry of Agrarian Policy of Ukraine, in May agricultural exports amounted to 1.74 million tons, in April – 0.96 million tons, in March – 0.33 million tons.
Prior to the full-scale military invasion by the Russian Federation, Ukraine used to export an average of 5-6 million tons of agricultural products per month, mainly through its maritime infrastructure in the Black Sea.
U.S. President Joe Biden’s administration is preparing a new program that could prohibit investments in certain industries in China, The Wall Street Journal wrote.
Such a measure would be another step by the United States aimed at preserving technological advantages in the face of growing competition between the world’s two largest economies, the article noted.
The Treasury and Commerce departments said in reports to lawmakers that they are considering a new system to regulate U.S. foreign investment in advanced technology that could pose a national security threat. The documents, seen by the WSJ, say the president’s administration could prohibit certain investments and would also gather information on other investments. Specific technology sectors are not listed in the reports, but the focus will be on areas that could improve military capabilities.
The new program will cover private and venture capital investments in the development of advanced semiconductors, quantum computing and some forms of artificial intelligence, sources said. U.S. officials want to prevent U.S. investors from providing funding and expertise to Chinese companies that could, for example, improve Beijing’s speed and accuracy in military decision-making.
The U.S. government has long closely monitored foreign investment in China’s economy, in some cases banning it through an interagency group called the Committee on Foreign Investment in the United States. But the rules governing U.S. investment overseas will be a new step in a broader effort by the Biden administration to prevent China from developing technology that U.S. authorities believe could pose a national security threat. Last year, the United States imposed new restrictions on exports of semiconductors and chip-making equipment to slow China’s military advancement, the WSJ notes.
At the same time, administration officials are reaching out to close G7 allies to gain their support for the concept of limiting investment in China.
One of the world’s largest venture capital firms, Sequoia Capital, has already begun vetting new investments in Chinese semiconductor or quantum computing companies in preparation for new U.S. rules, according to the article.
In more details the situation in the economy of Ukraine and the world was analyzed by the analytical center “Club of experts“, the video is available at the link
The State Border Guard Service of Ukraine warns of possible technical interruptions in the work of checkpoints on the border with Poland, Slovakia and Hungary on March 7 from 8:00 to 22:00.
“On March 7, 2023 from 8:00 to 22:00 there may be technical interruptions in the passage of passengers at the border. Information systems used in border control at external borders will be updated,” such announcement was posted on the official page of the State Border Service on Monday with a request to take this information into account when planning a trip.
The Cabinet of Ministers has appointed Semyon Kryvonos, head of the State Architecture and Urban Planning Inspectorate, as director of the National Anti-Corruption Bureau of Ukraine (NABU).
The decision was made at an extraordinary government meeting on Monday.
In addition to Kryvonos, the meeting considered the candidates Sergei Gupyak and Roman Osypchuk, who were also transferred to the government on the results of the tender.
“Having received all the necessary materials of the selection committee, the government has carefully studied these materials for each candidate and has made a personal acquaintance with each candidate in equal conditions,” said Prime Minister Denis Shmygal.
At the same time he stressed that with the specified appointment Ukraine had fulfilled all seven recommendations put forward when the country received the status of EU candidate as well as fully established anti-corruption infrastructure.
According to government decree No 192 of March 6, Kryvonos was appointed NABU director for a seven-year term.
Ukrainian online retailer Rozetka has launched operations in Poland, Rozetka co-founder Vladislav Chechotkin said.
“Rozetka has started working in Poland. So far, we are in test mode: we are checking all the processes, filling the website with assortment, and setting up all the logistics links,” he wrote on Facebook.
Chechotkin noted that they are counting on both a large Ukrainian audience (more than 2 million Ukrainians live in Poland) and a local one.
“I am grateful to the Armed Forces of Ukraine for making this possible! For the fact that a year after the start of a full-scale war, we not only survived, but can now develop our business. And to all our customers, for whom we have remained “just right every time,” he said.
Rozetka, an online electronics and home appliances store, was founded in 2005 in Kyiv by Vladislav and Irina Chechotkin. In the following years, the company transformed into a multi-category online marketplace. In December 2022, Rozetka’s traffic reached 40 million people per month.
Centravis Production Ukraine PJSC (Centravis Production Ukraine), a part of Centravis Ltd. holding, has brought its main production in Nikopol to full capacity and at the end of February officially opened its branch on tubes production in Uzhgorod.
“Now Centravis production is working at full capacity. All equipment is working, hot and cold shops,” wrote chief sales officer (CSO) Artem Atanasov in a letter to customers last Friday.
According to him, the company’s logistics team is constantly monitoring the safest ways to deliver finished products to customers. Worldwide sales offices operate in Essen, Milan, Krakow, Lugano, Houston and Dubai.
It is also reported that the new Centravis production site was officially opened in Uzhgorod on Feb. 28, with managers from Italy, Germany, Poland, the U.S. and the UAE, and local and regional authorities in attendance.
“This production site is just a part of our big team, as the main Centravis facilities remain in Dnipropetrovsk region. We are very happy that our production is developing and Ukrainian stainless seamless pipes are in demand all over the world,” – noted in the information of Director of Sales.
As reported, the holding Centravis Ltd. re-registered its parent company in Switzerland, having changed its Cypriot location, which will help to improve credit rating and attract longer and cheaper funds for the development of production in Ukraine.
“Centravis” earlier announced plans to open a specialized production of tool pipes for cars in Transcarpathia.
“Centravis” is among the ten largest manufacturers of seamless stainless steel tubes in the world. In 2022 the company has implemented a number of large-scale orders for such global companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs over 1400 people.
Centravis, founded in 2000, is one of the world’s largest manufacturers of seamless stainless steel pipes. Its production facilities are located in Nikopol (Dnepropetrovsk region).
Holding Centravis Ltd was created on the base of Nikopol Stainless Tube Works CJSC, service and trade companies Industrial and Commercial Enterprise Yuvis Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
