Business news from Ukraine

Ukraine completely banns export of coal

At a meeting on Wednesday, the Cabinet of Ministers completely banned the export of Ukrainian coal, Taras Melnychuk, a representative of the government in the Verkhovna Rada, said in his Telegram channel.
“Changes have been made to the volume of quotas for goods whose export is subject to licensing, approved by Resolution of the Cabinet of Ministers of December 29, 2021 No. 1424, in terms of a complete ban on the export of coal of Ukrainian origin,” Melnychuk wrote.
Earlier, the Cabinet of Ministers, by Resolution No. 666 of June 10, 2022, made similar changes to Resolution No. 1424 of December 29, 2021, setting zero quotas and thereby banning the export of natural gas, fuel oil, as well as hard coal, anthracite, briquettes, pellets and similar types of solid fuels obtained from hard coal, except for coking coal.
According to the State Customs Service, since the beginning of 2022, Ukraine’s coal exports amounted to 450.6 thousand tons for $145.917 million, incl. to Slovakia – by $93.349 million, Poland – by $34.084 million, Hungary – by $15.919 million, other countries – by $2.565 million.
In January-July 2021, exports amounted to 0.2 thousand tons for $0.025 million.

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