Business news from Ukraine

Business news from Ukraine

NBU has extended deadline for returning foreign currency proceeds for agricultural equipment exports to 270 days

The National Bank of Ukraine has increased the deadline for settlements on agricultural and specialized equipment export transactions carried out from March 1, 2026, from 180 to 270 days.

This applies to goods classified under UKT VED codes 8424, 8428, 8432, and 8716.

The NBU specifies that the decision was made following consultations with the Ministry of Economy, Environment, and Agriculture and taking into account the government’s proposals (Cabinet of Ministers Order No. 573-r of June 21, 2024).

The changes were approved by NBU Board Resolution No. 18 dated February 26, 2026, which comes into force on February 28, 2026.

The Ministry of Economy believes that extending the deadline “from 180 to 270 calendar days” will help exporters avoid the risks of reduced supplies due to long production cycles and the specifics of fulfilling foreign economic contracts, as well as support the continuity of contracts and the inflow of foreign currency earnings.

 

 

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