Deputy Head of the Office of the President of Ukraine Iryna Mudra met with Secretary General of the International Chamber of Commerce John Denton and President of the Ukrainian Chamber of Commerce and Industry Gennadiy Chyzhykov.
According to the Presidential Office’s website on Friday, the key topic of the meeting was the possibility of the International Chamber of Commerce cooperating with the international compensation mechanism being created to implement the 7th point of the Peace Formula, “Restoring Justice.”
“As a global business organization, the International Chamber of Commerce can contribute to understanding how the private sector can benefit from the international compensation mechanism. Such interaction will help ensure economic recovery and effective reconstruction,” Mudra said.
According to her, Ukraine is doing everything necessary to join the European Union, including reforms to improve the judicial system, investment opportunities, and business environment.
Denton spoke about possible areas of activity of the International Chamber of Commerce to attract investment to Ukraine, improve the business climate and create effective tools for resolving commercial disputes.
In January-October this year, Ukrainian steelmakers increased production of total rolled products by 20.6% year-on-year, up to 5.264 million tons from 4.365 million tons, according to preliminary data.
According to Ukrmetallurgprom on Friday, steel production during the period increased by 25.7% to 6.487 million tons, and pig iron production by 21.9% to 5.981 million tons.
In October, the company produced 442.2 thousand tons of rolled products, 603.8 thousand tons of steel, and 624.9 thousand tons of pig iron, compared to 503.9 thousand tons of rolled products, 610 thousand tons of steel, and 624.1 thousand tons of pig iron in the previous month.
As reported, in 2023, Ukraine increased production of total rolled products by 0.4% compared to 2022 to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons, and pig iron by 6.1% to 6.003 million tons.
In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).
As of November 8, farmers in all regions of Ukraine have harvested more than 68.9 million tons of new crops from 18.9 million hectares, compared to 66.7 million tons and 18.6 million hectares a week earlier.
As reported by the Ministry of Agrarian Policy and Food on Friday, 49.9 million tons (47.2 million tons) of grains and 19 million tons (18.8 million tons) of oilseeds have already been harvested.
The ministry said that wheat harvesting has been completed, with 22.3 million tons harvested from 4.9 million hectares at a yield of 42.4 c/ha, barley – 5.6 million tons from 1.4 million hectares at a yield of 39.2 c/ha, peas – 470.4 million tons from 212.2 thousand hectares at a yield of 21.9 c/ha, and rapeseed – 3.5 million tons from 1.3 million hectares at a yield of 27.3 c/ha.
Corn harvesting continues with 20.2 mln tons (18.3 mln tons a week earlier) from 3.3 mln hectares (83% of the plan), buckwheat – 127.2 thou tons (126.9 thou tons) from 87.8 thou hectares (99%), millet – 160.3 thou tons (160.2 thou tons) from 86.5 thou hectares (93%).
Agrarians in 16 regions are harvesting sugar beets, which have been dug on an area of 223.2 thousand hectares (87%), with 10.7 million tons of sweet roots.
The harvest of oilseeds is nearing completion in Ukraine. In particular, 5.8 mln tons of soybeans have been harvested (5.73 mln tons a week earlier) from 2.5 mln hectares (96%), and 9.7 mln tons of sunflower (9.599 mln tons) from 4.7 mln hectares (95%).
At the same time, the leaders in grain harvesting are farmers in Odesa region, who threshed 4.4 mln ha, Poltava region – 4.1 mln tons, and Chernihiv region – 4 mln tons.
Average price per hectare of land in 2023, UAH
Open4Business.com.ua
In January-October 2024, Ukraine increased exports by 16.1% to $34.6 billion, while imports increased by 9.9% to $57.4 billion, the State Customs Service reports.
“At the same time, taxable imports amounted to $47.4 billion, which is 83% of the total volume of imported goods. The tax burden per 1 kg of taxable imports in January-October 2024 amounted to $0.51/kg, which is 5% more than in the same period in 2023,” the State Customs Service website said on Friday.
Among the countries from which Ukraine imported the most goods: China ($11.6 billion), Poland ($5.6 billion), and Germany ($4.4 billion).
Ukraine exported the most to Poland – by $4 billion, Germany – by $2.4 billion, and Spain – by $2.4 billion.
It is noted that in total, 65% of imported goods in January-October 2024 were machinery, in particular, equipment and transport – $20.3 billion (during customs clearance, UAH 141 billion was paid to the budget, or 30% of customs revenues), chemical products – $9.3 billion (UAH 72.3 billion was paid to the budget, or 15% of revenues), fuel and energy – $8.7 billion (UAH 127.1 billion was paid, or 27% of customs revenues).
The top three most exported goods from Ukraine are food products – $20.3 billion, metals and metal products – $3.8 billion, and machinery, equipment and transport – $2.9 billion.
It is noted that in January-October 2024, UAH 251.7 million was paid to the budget during customs clearance of exports of goods subject to export duties.
In January-October, Ukrzaliznytsia (UZ) increased passenger traffic by 12.7% to 23.3 million passengers compared to the same period last year, the company’s press service said on Thursday.
“In October, UZ carried 2.3 million passengers, which is 100 thousand passengers more than in September, when there is traditionally a decline in the dynamics of passenger traffic compared to the summer season,” the press service of UZ said in a statement on its telegram channel.
It is reported that the most popular flight is train #128 Zaporizhzhia – Lviv, which carried 53 thousand passengers in October. The second and third places, as in the previous month, were taken by high-speed trains of the Przemyśl direction – No. 705/706 and No. 715/716 with 51 thousand and 48 thousand passengers, respectively.
The most popular route was Lviv-Kyiv-Lviv: 125 thousand passengers traveled between these cities in October.
In October, passengers purchased 532 thousand servings of hot drinks, including tea and coffee.
