The electricity deficit has slightly decreased due to increased production, but remains at a significant level and is still insufficient to cover consumption in full, NEC Ukrenergo said.
“After repairs, two units at thermal power plants returned to the grid. At the same time, one unit was taken out for emergency repairs. Also during almost all day there is the import of electricity from other countries,” described the situation “Ukrenergo” in its daily update in the Telegram channel.
At the same time, according to the system operator, power consumption is gradually increasing due to the intensification of frost, with a more rapid increase expected tomorrow with the beginning of the working week.
The company confirmed the information previously promulgated by the network operators on the introduction of limits of consumption in the regions only for the period from 16:00 to 20:00.
The exceptions are the Kyiv and Odesa regions, where there are network restrictions.
In particular, emergency shutdowns continue in Odessa and nearby areas due to a large-scale accident at one of the substations of Ukrenergo.
The company assured that together with the Odessa regional military administration and the regional energy company its specialists are developing reserve schemes of connecting Odessa and nearby areas, and repair teams of Ukrenergo and the regional energy company are working around the clock to eliminate the consequences of the accident and the quickest resumption of power supply.
As reported, since Sunday morning, in order to avoid accidents due to equipment overload, stabilization shutdowns have been introduced in Goloseevskyi, Solomenskyi and Pecherskyi districts, as well as on the Left Bank of the capital. In the Kiev region, restrictions will be applied in Kiev-Svyatoshinsky district. Due to the accident, there is also temporarily no light in Fastivsky and Vasylkivsky districts of Kyiv region.
On Friday evening and then on Saturday morning a large-scale accident occurred at one of the substations of Ukrenergo, as a result of which Odessa and the Odessa region were out of electricity. According to data as of the evening announced by Herman Galushchenko, head of the Ministry of Energy, one third of consumers were connected to the grid.
The European Commission will propose to the EU member states to extend the suspension of all customs duties and trade protection measures on imports from Ukraine for a year, the head of the European Commission, Ursula von der Leyen, has said.
“Last year, we abolished all duties and quotas for goods from Ukraine. It was a great success… Today I can announce that we will propose to prolong this trade agreement for the next year,” – said von der Leyen during a press conference with Ukrainian Prime Minister Denis Schmigal.
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:
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ATIA_VALID, BUSINESS, CLUB_EXPERTS, CLUB_EXPORTERS, EGYPT, EXPORT, GOODS, IMPORT, LITVINOVA, TRADE, UKRAINE, URAKIN
Import changes in % to previous period in 2021-2022
Source: Open4Business.com.ua and experts.news
Import of goods in Jan-Oct 2022 in most important positions and in relation to same period in 2021
Source: Open4Business.com.ua and experts.news
Ukraine in 2022 decreased imports of aluminum ores and concentrate (bauxite) in volume terms by 81.5% compared to the previous year – up to 945.396 thousand tons, in November-December the import was not carried out.
According to statistics released by the State Customs Service (SCS), imports of bauxite in monetary terms fell by 79.6% during this period – to $48.166 million.
At the same time imports were carried out mainly from Guinea (58.90% in monetary terms), Brazil (27.19%) and Ghana (7.48%).
Ukraine did not re-export bauxite in 2022.
As reported, Ukraine in 2021 decreased imports of aluminum ore and concentrate (bauxite) in volume terms by 0.1% compared to 2020 – to 5 million 114.227 thousand tons. Imports of bauxite in monetary terms increased by 4.2% to $236.638 million.
Imports were carried out mainly from Guinea (59.33% of supplies in monetary terms), Brazil (21.33%) and Ghana (16.8%).
Ukraine in 2021 re-exported 277 tons of bauxite worth $70 thousand to Belarus (48.57%), Poland (40%) and Russia (7.14%), while in 2020 was re-exported to Poland 255 tons of bauxite worth $41 thousand.
Bauxite is an aluminum ore used as a raw material for producing alumina, and from it, aluminum. They are also used as fluxes in iron and steel industry.
Bauxite is imported into Ukraine by the Nikolaev Alumina Refinery (NGR), which before the war was affiliated with the United Company (UC) Russian Aluminum (RusAl, RF). Bauxite is used to produce alumina.
“RusAl in Ukraine also previously owned a stake in the Zaporozhye Aluminum Plant (ZALK), which stopped producing primary aluminum and alumina.
