Ukraine should improve logistic infrastructure, coverage with Internet and electronic payments for developing e-commerce, the founder of Alibaba Group Jack Ma has said.
“Three things that Ukraine should develop: Internet infrastructure, logistics and electronic payments. And also entrepreneurship. If these four components are ready, Ukraine will have huge potential on the Internet,” Ma said during the Kyiv International Economic Forum on Friday.
Ma said that he was disappointed to learn that it takes from four to seven days for the delivery of goods from China to Ukraine.
“These are indicators of the last century. They need to be improved,” he said.
PJSC Centrenergo power generating company is in the top priority of the Cabinet of Ministers of Ukraine regarding “large-scale” privatization, Prime Minister Oleksiy Honcharuk has said. “Centrenergo is in the top priority for privatization. And I want this company to be privatized by an external, real player. And the government will do everything for some kind of strong player to come here,” he said during the Kyiv International Economic Forum on Saturday.
He emphasized that the State Property Fund (SPF) is currently preparing the company for privatization.
“There is a manager there [in the State Property Fund] who does not depend on any oligarch,” Honcharuk emphasized.
Earlier, SPF Head Dmytro Sennychenko predicted the sale of Centrenergo in 2021.
State and state guaranteed debt of Ukraine from 2009 till 2019 (mln UAH)
Commodity pattern of Ukrainian import in Jan – Aug, 2019
PJSC State Food and Grain Corporation of Ukraine in January-October 2019 exported 2.34 million tonnes of grain and sold 160,040 tonnes of flour and bran.
According to a report on its website, during the reporting period it shipped 751,200 tonnes of grain to the main partner, China’s National Corporation CCEC.
Corn ranked first in the commodity structure of grain exports by the corporation, its share in the total volume continued to grow in the reporting period, and reached 67%.
The main buyers of the corporation’s products were Austria, France, Portugal, the Netherlands, Italy, Egypt, Algeria, Tunisia, Bangladesh, China, and Venezuela. Deliveries to third countries are carried out through CCEC.
State Food and Grain Corporation of Ukraine was created by the government of Ukraine in August 2010. It includes an extensive network of branches: linear and port elevators, mills, feed mills and cereal plants. A total of 53 subdivisions can store 3.7 million tonnes of grain, including about 2.5 million tonnes per year of total capacity for transshipment of grains for exports in Odesa and Mykolaiv ports.
Ukraine in January-October 2019 increased export of poultry by 23%, to 333,810 tonnes, the State Fiscal Service has reported.
According to the service, in monetary terms exports of these products rose by 12.8%, to $479.73 million.
At the same time, import of poultry for the ten months of 2019 decreased by 2.1%, to 108,660 tonnes, in money terms by 2%, to $43.29 million.
In addition, according to the service, pork exports in January-October 2019 amounted to 1,790 tonnes compared to 1,540 tonnes for the same period in 2018. These products were delivered for $3.95 million against $3.34 million for the ten months of 2018.
Pork imports to Ukraine during this period decreased by 12.5%, to 20,460 tonnes. Pork worth $39 million was imported to the country compared to $43.17 million in January-October 2018.
