Business news from Ukraine

EU ASSESSMENT MISSION TO INTEGRATE WITH EU DIGITAL MARKET STARTS WORK IN UKRAINE

In the Office of the President of Ukraine, Advisor to the Head of State Mykhailo Fedorov had a meeting with the European Union assessment mission with the participation of the European Commission’s DG Connect representatives, the presidential press service has reported.
The purpose of the mission is to assess the readiness of Ukraine’s telecommunications sector to integrate with the EU Digital Single Market (DSM).
“The president’s team clearly understands that further acceleration of economic and social development is possible only in the case of digital transformation. We are willing to fulfill all the conditions quickly to become part of the EU initiative to create a single digital market. These are powerful digital and economic prospects for Ukraine,” Fedorov emphasized.
The DSM strategy is now being successfully implemented in Europe. According to European experts, a single digital market can bring EUR 415 billion annually to a united Europe and create hundreds of thousands of jobs.
The strategy is based on the European values of fair and open competition, open and secure Internet that ensures a free flow of information.
Particular attention was paid to data protection, privacy and cybersecurity issues, including the issue of Internet management.
“The bill ‘On Electronic Communications’ is included in the list of priorities for consideration and approval. The deputies from the future Digital Transformation Committee of the Verkhovna Rada of Ukraine are already actively working on it,” the Advisor to the President of Ukraine added.
Today, the DSM is regarded as Europe’s main asset aimed at adapting European society and business environment to new conditions of doing business in the international arena. Europeans want to ensure an effective development of different sectors of the economy that use digital technologies to innovate so that they remain competitive globally.
The representatives of the EU mission emphasized the need to ensure the independence and capability of the regulator in the telecommunications sector.

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UKRAINE FULLY IMPLEMENTS EU REQUIREMENTS FOR E-DOCUMENTS

An electronic document generated by the e-archive system of Ukraine in the ASiC format and signed using MobileID based on ECDSA, has been tested for compliance with the EU formats.
“In practice, this means that Ukraine has fully regulatory and technologically implemented the EU requirements for electronic documents,” Ze!Team said on Facebook.
The message says that Ukraine “has become one more step closer to digital Europe.”
“E-government is not only public things, but also complex regulatory and technical work in the back office,” the Ze!Team said.

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ALFA SMART AGRO GETS CERTIFICATE TO SUPPLY CORN AND RAPESEEDS TO EU

Alfa Smart Agro has been audited and received an ISCC certificate for the supply of corn and rapeseeds to the EU as raw materials for biofuel, the company has said.
According to a press release, Alfa Smart Agro received the ISCC certificate in a FGP status (first gathering point) and as a trader in rapeseeds and corn.
“Certification for compliance with the ISCC requirements opens up for Alfa Smart Agro the opportunity to supply corn and rapeseeds as raw material for biofuel production to EU countries,” the company noted.
Alfa Smart Agro noted that during the audit, it is not the product itself that is certified, but the process and chain through which it is produced, stored and delivered to the EU markets. Land use is estimated, the amount of greenhouse gas emissions and other indicators are taken into account.
Alfa Smart Agro is a manufacturer of plant protection agents and micronutrients.

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UKRAINE FULLY USES QUOTAS FOR DUTY-FREE EXPORTS OF AGRI PRODUCTS TO EU INCLUDING HONEY, SUGAR, CEREALS, GRAPE AND APPLE JUICE, WHEAT, CORN

Ukraine as of July 22 had fully used quotas for duty-free exports of agricultural products to the EU on nine groups of goods, including honey, sugar, cereals and flour, processed starch, processed tomatoes, grape and apple juice, wheat, corn, and butter. According to a press release from the Ukrainian Agribusiness Club (UAC), the pace of quota use and revival of trade with the EU is noticeably accelerating, as on the same date last year seven quotas for duty-free exports from Ukraine to the EU were used.
“Potentially, quotas for barley (79% are now used), poultry (75%), malt and wheat gluten (58%), and starch (53%) will be used by the end of the year,” the association noted.
The UAC said additional quotas for eight groups of goods come in force from October 2017 for a period of three years: for honey, flour and cereals, processed tomatoes, grape and apple juice, oats, corn, wheat, and barley. As of July 22, five of the additional quotas were used: for honey, cereals, juice, wheat, and corn.

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UKRAINE WANTS TO STRENGTHEN TRADE WITH EU

Ukraine is ready for negotiations with the European Union to strengthen trade in 2020 and implement new opportunities, Prime Minister of Ukraine Volodymyr Groysman has reported.
“Today, we sell 43% of exports to the EU market. We have free trade area agreements. In 2018 we revised and increased the quotas (for export). There will be an opportunity to revise trade conditions in 2020 and we are working to expand the volume and “horizon” of trade. Every citizen will benefit from this. This is my priority,” Groysman said on the air of the Svoboda Slova program on ICTV.

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UKRAINIAN AGRI EXPORT TO EU GROWS BY 31% IN JAN-MAY, 2019

Ukrainian agricultural exports to the European Union (EU) countries in January-May 2019 grew by 30.8% compared with the same period in 2018, to $2.97 billion, Acting Minister of Agrarian Policy and Food of Ukraine Olha Trofimtseva has said. “Export of Ukrainian products to the EU during the reporting period increased 30.8%, to $2.967 billion. Import increased 12.1% and amounted to $1.227 billion,” she wrote on her Facebook page on Friday.
The share of the Netherlands of goods turnover between Ukraine and the EU countries was 17.6%, Spain’s – 13.7%, Poland – 13.1%, Germany – 10.8%, Italy – 10.8%, France – 5.7%, the U.K. – 4.1%, Belgium – 3.2%, Portugal – 2.9%, Hungary – 2.9% and Ireland – 2.7%.
The main products in the structure of exports to the EU are cereal grains – $1.4 billion, vegetable oils – $610.5 million, leftovers and waste from the food industry – $272.8 million, oilseeds – $177.4 million, meat and edible offal of poultry – nearly $86 million, fruits, nuts and zest – $53 million, grain products and cereals – $36.4 million, honey – $34.6 million.

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