In the next video YouTube-channel of the analytical center “Club of experts” the prospects of trade and economic relations between Ukraine and Egypt were considered.
As the founder of the Club of Experts Maxim Urakin emphasized, before the war Egypt was the most favorable trade partner for Ukraine, the trade surplus with which amounted to almost 2 billion U.S. dollars. Grain and metallurgical products were the main Ukrainian goods at the Egyptian market.
At the same time, in the first months of the war, the Russian blockade of maritime communications in the Black Sea limited Ukrainian exports to Africa and, above all, to Egypt. The grain agreement improved the situation, but only with regard to agricultural exports. In order not to lose the Egyptian market, the Ukrainian companies have to adapt to the current situation now in order not to make additional efforts after the war.
According to the President of the Ukrainian Exporters Club Eugenia Litvinova, the Ukrainian producers should pay attention to the Egyptian market of dairy products in the first place. In this case, it is necessary to take into account the separation of Egyptian groups of goods for wholesale and retail trade while creating favorable conditions for imports. Also, according to her, the demand in Egypt is for canned and dried fruits, confectionery, chocolate, oils, fats, mineral water, as well as crockery, various cutlery, baths, showers, sinks, building materials and other goods for the retail trade.
“I want to draw attention to the fact that all Ukrainian exporters who want to trade with Egypt, must be registered in the general administration to control exports and imports. After that it is possible to establish logistics through rail and road ways, taking into account the temporary inaccessibility of the port of Odessa”, – she explained.
Besides, Yevgeniya Litvinova noticed that since March of the last year, Egypt obliged Ukraine to use the letter of credit for many groups of goods that leads to rise in price of transactions from 0,2 to 0,5%. This factor, according to the expert, will also directly affect trade and its final results.
“If we talk about advice to our small and medium-sized businesses when entering the Egyptian market, first you need to understand what exports are, if you have not previously been involved in this process. Then you should analyze in which cases it is profitable to open a Ukrainian enterprise in Egypt to work, and in which cases you do not always need to do it and not always profitable. Finally, the third tip – go through the registration. At least look at how to pass authorization, registration through a single window in Egypt. I draw your attention to the fact that your brand should be registered at least in Ukraine before you start to pass this registration in Egypt, “- summed up Eugenia.
In turn, the head of the Egyptian diaspora in Ukraine, Dr. Atia Walid noticed that in recent years Egyptian-Ukrainian trade relations have been intensively developed and our country has been invited to participate in major infrastructure projects, which are now being implemented by the Egyptian authorities.
“Back in 2021 Egypt discussed with the Ukrainian government investment in the special economic zone of the Suez Canal. That is, the Egyptian economic policy is primarily aimed at encouraging investment in the country’s economy. Egypt, of course, is interested in cooperation with Ukrainian companies from the point of view of opening joint ventures on its territory, which can well be realized today, despite the war. I think it is quite realistic for Ukrainian companies to open branches there, if they are interested in the sales market. Egypt is ready to facilitate this,” stressed the representative of Egypt.
In his opinion, our suppliers should work more actively both with the Egyptian embassy in Kiev and the Ukrainian embassy in Cairo. This will facilitate the passage of bureaucratic procedures and reduce the likelihood of becoming victims of fraud.
“Ukrainian businessmen should check with the Egyptian embassy or the Chamber of Commerce the authenticity of the documents of those organizations with which they cooperate. And only after that, conclude a contract according to all international rules. You should not believe the promises and pretty eyes, and do not forget the basics of doing business in the field of export-import. I wish all businessmen in Egypt and in Ukraine only success,” said Dr. Atia Walid.
See more details in the video:
You can subscribe to the Club of Experts channel by following the link:
ATIA_VALID, BUSINESS, CLUB_EXPERTS, CLUB_EXPORTERS, EGYPT, EXPORT, GOODS, IMPORT, LITVINOVA, TRADE, UKRAINE, URAKIN
During the last two months a series of scientific and practical seminars-tastings of vintage drinks of 20-80 years old were held on the basis of Analytical center “Club of experts” with the assistance of a public association “Ukrsadvindindprom” and Charity fund “Reconstruction and development of Ukraine”. Representatives of Ukrainian wine industry, retail, mass media and other experts took part in these seminars.
All in all, participants of the workshops got acquainted with more than 40 kinds of vintage alcohol, produced in Ukraine and European countries in the second half of the last century. The total age of the drinks exceeds 3000 years.
In particular, such famous Ukrainian collection brands, as “Massandra sherry” from the 1980s and “Black Doctor” from 2007 were presented at the conferences. Among the European alcoholic brands the participants distinguished a rare sherry brandy “Hispano” 1870 (!), another Spanish drink “Ponche Rives” 1978, vermouth “Marsala” 1950-ies and other drinks. All in all 15 different vintage drinks were evaluated by the participants.
According to the words of the expert-collector of vintage alcoholic drinks Igor Magalas, the cost of the majority of samples which were presented at the seminars does not exceed the prices of similar drinks on supermarket shelves. At the same time, the taste and eco-friendliness of vintage drinks are an order of magnitude superior to many modern brands.
“The thing is that the automation of alcohol production lines, which became widespread at the end of the last century, led to a natural decline in quality for the sake of quantity. More than once I faced situations when at closed tastings sommelier experts preferred lower class vintage alcohol produced in the 1960s-1970s to modern expensive brands bottled in the 2000s-2010s,” Magalyas noted.
According to the expert, the reason for this is not the number of years the drink has been in the bottle, but the technological process of production at the initial stages, which largely affects the bouquet and taste of any alcohol.
Maxim Urakin, the organizer of the series of seminars, in turn, expressed hope for the further development of the vintage drinks market in Ukraine and for promotion of the culture of their consumption in the new year 2023.
“We will continue the promotion of vintage alcohol in the Ukrainian market. In Europe this product has a wide consumer audience for a long time, while in our country it is still considered “elite” and unavailable, although in my opinion it is a delusion. Therefore, the main purpose of our seminars, to make vintage alcohol more accessible to Ukrainians” – he stressed.
Vintage (molesim) in wine-making means the year of ripening of a certain grape variety which is used to produce wine, brandy, cognac or other vintage-based drinks. This indicator is important in determining the characteristics of the drink because weather and climatic conditions change every season, which may affect both positive and negative effects on the organoleptic characteristics of beverages of the same brand.
The Club of Experts is Kiev analytical center, which is engaged in researches in the field of economics, sociology and other scientific disciplines. In particular, with the assistance of the Club of experts during the last year there were held several events for the promotion of the national winemaking products.
Public Union “Ukrsadvindindprom” was a partner of the seminar and tasting. “Ukrsadvindwinprom” unites about 200 producers of fruits, berries, nuts and grapes, enterprises that process fruits and berries and produce wine, as well as scientific institutions for implementation of new scientific approaches in production.
The “Reconstruction and Development of Ukraine” Charitable Foundation has been providing extensive volunteer support to the army and civilians since the war began. In particular, with the support of KNUSA Rector Petr Kulikov, the foundation donated a modern mobile hospital for the needs of the military.
CLUB_EXPERTS, CONFERENCE, SCIENCE, UKRSADVINPROM, URAKIN, VINTAGE_WINE, WINE, WINEMAKING
The Kyiv analytical center “Club of Experts” together with the consulting company “Club of Exporters of Ukraine” and the information portal Open4business launched a new project to help Ukrainian businesses achieve success in international markets.
According to the founders of the project, at the first stage, a series of video courses will be created on the YouTube platform, with the help of which it will be possible to get acquainted with the peculiarities of doing business in the EU countries, importing and exporting goods, European certification rules, etc.
“Thanks to our project, businesses will be able to receive prompt advice and assistance from our representatives both in Europe and in Ukraine,” said Maxim Urakin, founder of the Club of Experts.
According to Evgenia Litvinova, CEO of the Ukrainian Exporters Club, the business project will include not only a series of training videos, but also the possibility of providing specialized advice to those companies that want to quickly and cost-effectively enter the European and global markets.
“For each consulting assignment of our client, we carefully select a project team, which is formed from internal and external experts who are specialists in the required industries. The presence of good contacts and reputation within the country, both in industries and with various government agencies, allows us to quickly and efficiently implement projects,” Litvinova said.
For individual advice on doing business in the EU and other countries of the world, you can fill out the online form at the link:
https://docs.google.com/forms/d/e/1FAIpQLSeit-dG6SJ9E9QtDSZ4ggqQEmn1RHyAMKfDqO90Db4cDn1ZEA/viewform
Project partners:
Exporters Club: https://people2people.com.ua/ru/
Portal Open4business: https://open4business.com.ua
Expert club channel: https://www.youtube.com/@user-nz9lh8yg9g
BUSINESS, BUSINESS_IN_EU, CLUB_EXPERTS, CLUB_EXPORTERS, HELP_BUSINESS, URAKIN, ЛИТВИНОВА
The Club of Experts YouTube channel has released another video announcing the events which will take place in Ukraine and in the world from November 7 to 13, 2022. In the new release the founder of the Club of experts Maksim Urakin and co-host Olga Levkun analyzed the main events planned for the nearest future.
This week in Ukraine there will be a number of events devoted to the development of business, the implementation of new technologies in the agricultural sector, IT-innovations and other topics. Among these events we should mention the presentation of a free support tool for Ukrainians on digital security – Nadiyno online platform, as well as the Ukrainian-Slovak Business Forum to be held in Uzhgorod.
In the world this week there will also be a number of major conferences and forums. Several meetings of the EU Economic and Financial Affairs Council will be held in Brussels to discuss the EU budget for the next year; on November 10-11 in Washington the International Monetary Fund will hold its annual research conference devoted to the world economy; and in France there will be the Paris Peace Forum, designed to bring together heads of state, representatives of international organizations, business leaders and civil society. November 13, Bali will also host the Business 20 Summit (B20) on the theme “Promoting innovative, inclusive and shared growth,” which will be a prologue to the main global political event of this autumn: the G20 Summit.
The main sporting events in the next seven days will be the basketball qualifying matches for the World Championship and the Formula 1 Brazilian Grand Prix. Read more details about the future sports events on the portal Sport.ua. The full version of the video can be viewed at the link:
Subscribe to the Club of Experts channel here: https://www.youtube.com/channel/UC4plQ0XBaoLOKPIXrb1aMGQ.
ANNOUNCEMENTS, CLUB_EXPERTS, EVENTS, URAKIN, ЛЕВКУН, МАКСИМ_УРАКИН
The Club of Experts YouTube channel published a new video overview dedicated to current events and events which will take place from October 31 to November 6, 2022. In the video review the founder of the Club of experts Maksim Urakin together with host Olga Levkun discussed the most important announcements of the events in the nearest future.
Particularly in Ukraine in the coming days there will be several events devoted to reconstruction and development of economy, business and innovations implementation. Among them we can single out Digital Regions Week, the opening of which will take place in Bucha (Kiev region) at the Dia.Biznes center on Tuesday. On Wednesday there will be a presentation of the Interactive map of destruction of the Ukrainian agricultural sector where the Minister of Agrarian Policy Mykola Solskyi and the Head of the VR Committee on Agriculture Daniil Hetmantsev are expected to speak. On the same day the II National Conference “Women’s Leadership on Decentralization and Local Self-Government in the Context of War” will be held.
There are also several important events in the world, the most important of which will be by-elections to the U.S. Senate and Congress on November 8, which will determine the party composition of these bodies for the next 6 years. On the economic front, the ADIPEC 2022 strategic oil and gas conference in the UAE and the UN climate change conference in Sharm el-Sheikh, Egypt will be of interest.
As for sport events we should mention the next matches of the leading Ukrainian clubs in European competitions, you can read more detailed information about them at sport.ua.
About these and many other events you can watch in the new video on the Club of Experts channel by the link:
Subscribe to the Club of Experts channel here – https://www.youtube.com/channel/UC4plQ0XBaoLOKPIXrb1aMGQ
ANNOUNCEMENTS, ATALYTICS, CLUB_EXPERTS, EVENTS, URAKIN, ЛЕВКУН, МАКСИМ_УРАКИН
