Business news from Ukraine

MAIN ADDRESSES OF UKRAINIAN CAST IRON – UNITED STATES, TURKEY AND BRAZIL

Ukraine in January-February of this year reduced the export of pig iron in kind by 24.4% compared to the same period last year, to 383,523 tonnes.
According to statistics released by the State Customs Service on Tuesday, during the specified period, the export of cast iron in monetary terms grew by 0.7%, to $154.176 million.
At the same time, cast iron was mainly exported to the United States (66.92% of deliveries in monetary terms), as well as to Turkey (8.84%) and Brazil (7.38%).
In January-February-2021, Ukraine imported 34 tonnes of cast iron worth $29,000 from Germany (60%) and Slovakia (40%), while in the first two months of 2020 it imported 100 tonnes of similar products worth $71,000.

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PRESIDENTS OF UKRAINE AND BRAZIL DISCUSS STEPPING UP ECONOMIC COOPERATION

Ukrainian President Petro Poroshenko held a meeting with newly elected President of Brazil Jair Bolsonaro in Davos (Switzerland), where the World Economic Forum is taking place. During the meeting the two presidents pointed out the importance of resuming large-scale cooperation in all sectors of mutual interest.
“The parties discussed prospects of intensification of trade and economic cooperation, first of all in the military-technical, investment, energy, scientific-technical and other spheres. It was also agreed to hold a regular meeting of the Intergovernmental Commission on Trade and Economic Cooperation in the near future,” the press service of the Ukrainian head of state reported on Thursday.
The parties confirmed interest in restarting a number of industrial, energy, infrastructure and other projects suspended by the previous administration of Brazil.
“The parties stand for the need to increase the level of coordination between the two countries in the framework of international organizations, first of all the United Nations. The President of Brazil supported the independence, sovereignty and territorial integrity of Ukraine,” the press service said.
Poroshenko invited Bolsonaro to visit Ukraine.

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