Business news from Ukraine

Business news from Ukraine

UKRAINE IMPOSES 65% DUTY ON COAL IMPORTED TO UKRAINE FROM RUSSIA

The duty of 65% on coal imported from the Russian Federation to Ukraine with some exceptions is imposed from April 15, 2020, according to government resolution No. 261 dated March 18.
The exception is anthracite coal, bituminous coal and coking coal for metal industry, as well as lean coal for companies generating electricity and heat.
The imposition of the duty on imported electricity earlier announced at the government meeting is not envisaged in the document.

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STRUCTURE OF IMPORT OF SERVICES TO UKRAINE IN 2019 (GRAPHICALLY)

Structure of import of services to Ukraine in 2019 (graphically)

GOVERNMENT PROPOSES TO ABOLISH IMPORT DUTY ON CEREALS, VEGETABLES

The Cabinet of Ministers proposes to the Verkhovna Rada to adopt the bill “On Amending the Customs Tariff of Ukraine regarding the temporary application of import duty rates on certain types of grain crops.”
Relevant bill No. 3310 was registered in parliament on April 7, 2020.
The text of the bill is not yet available on the Rada’s website. However, an informed source on the market, explained in a comment to Interfax-Ukraine that it was about canceling duties on the import of vegetables and cereals before July 1.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN 2019

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in 2019

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STATE FOOD SAFETY SERVICE OF UKRAINE TEMPORARILY BANS IMPORT OF ANIMALS FROM CHINA

The State Service of Ukraine for Food Safety and Consumers’ Rights Protection has temporarily banned the import of domestic and wild animals from China to prevent the entry of coronavirus into Ukraine. “To minimize the risks of introduction of the pathogen Covid-19 into the territory of Ukraine, in accordance with Articles 33 and 96 of the law of Ukraine on veterinary medicine, taking into account the recommendations set out in the OIE Terrestrial Animal Health Code, the service temporarily prohibited the import to Ukraine from China of domestic animals (dogs, cats, etc.) and wild carnivores,” the press service of the agency said.
The agency also added that according to official information from the World Organization for Animal Health (OIE) in Hong Kong (China), a SARS-CoV-2 disease of an animal (dog) was recorded.
“The State Service for Food Safety and Consumers’ Rights Protection constantly monitors the situation with animal diseases in the world,” it said.

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IMPORT OF FISH TO UKRAINE IN 2019 AMOUNTES 399,100 TONNES WORTH $753.2 MILLION

Import of fish, fish products and other aquatic biological resources in Ukraine in 2019 amounted to 399,100 tonnes for a total of $753.2 million, which is $117 million, or 18.5% more than in 2018, the State Fishery Agency has reported. In natural terms, according to data released by the Ukrainian Importers of Fish and Seafood Association (UIFSA) this week, import growth was 5%.
The association indicates that in 2018 the volume of imports in monetary terms increased by 20.5%, and in natural terms by 16%.
According to the agency, the main suppliers of aquatic biological resources to Ukraine (in natural terms) are Norway (80,000 tonnes for $205.4 million), Iceland (60,700 tonnes for $93.5 million), Estonia (39,600 tonnes for $16.8 million), the United States (30,700 tonnes for $67.6 million) and Canada (20,600 tonnes for $39.4 million).
Also, large volumes of fish products were delivered from Latvia, Spain, China, and the UK.
The agency said that about 80-90% of the volume of imports accounts for fish species, to which Ukraine does not have access, and are caught exclusively in the marine economic zones of other states.
“Basically, frozen fish or its fillets are imported to our country, which makes up 80% of imports. These products are mainly processed at domestic fish enterprises,” the agency said.

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