Business news from Ukraine

UKRAINE TO INTRODUCE ZERO DUTY ON WINE IMPORTS FROM EU FROM 2021

Zero duty on the import of wine from the EU will be introduced from 2021 in accordance with Ukraine’s commitments to zero import duties on a number of goods within a seven-year period after the signing of the economic part of the Association Agreement with the European Union, the Development Director of the Ukrainian Horticultural Association, the international consultant to the UN FAO, Yekateryna Zvereva, has said.
“From 2021, a zero duty will be introduced on the import of wine into Ukraine (from the countries of the European Union). At the same time, the situation in the wine market is not the best today – wine import to Ukraine increased by 25-30% compared to last year,” she wrote in a column to the Interfax-Ukraine agency.
She clarified that at present the duty on the import of wine from the EU is EUR 0.3-0.4/liter.
With reference to the data of the State Statistics Service, Zvereva reported that in 2019 Ukraine exported $11.9 million worth of wine. At the same time, Kazakhstan became the largest foreign market for Ukrainian winemakers, where products worth $1.3 million were delivered. In addition, one of the largest markets remains Germany, where $1 million worth of wine was exported.
At the same time, according to the expert, import of wine last year amounted to $ 146.7 million.
In addition, in the first half of this year, according to the State Customs Service, Ukraine exported $6.1 million worth of wine, while imports amounted to $67.9 million, the expert said.

, , ,

STRUCTURE OF IMPORT OF SERVICES IN 1st QUARTER OF 2020 (GRAPHICALLY)

Structure of import of services in 1st quarter of 2020 (graphically)

UKRAINE INCREASES IMPORT OF NICKEL ORE BY 30%

Ukraine increased the import of nickel ore and concentrate by 30% in January-August 2020 compared to the same period in 2019, to 1.12 million tonnes.
According to statistics released by the State Customs Service, in monetary terms the import of nickel ore grew by 31.2%, to $55.706 million.
Ukraine did not export and re-export these products in January-August 2020, while the country supplied 7,999 tonnes of nickel ore to Greece for $322,000 in the same period in 2019.
Pobuzhky Ferronickel Plant (part of Solway Group) imports nickel ore to Ukraine.
The plant processes about 1.2 million tonnes of ore per year.

,

UKRAINE STARTS ANTIDUMPING INVESTIGATION INTO CEMENT IMPORTS FROM TURKEY

The Interdepartmental Commission on International Trade has launched an antidumping investigation into the import of cement from Turkey to Ukraine.
The commission’s decision of September 2, 2020 to initiate an investigation comes into force from the moment of its publication, according to data on the Uriadovy Kurier edition’s website on September 5, 2020.
According to the report, the commission received a corresponding complaint from PrJSC Dyckerhoff Cement Ukraine, PrJSC Kryvy Rih Cement, PrJSC Mykolaivcement, PJSC Podilsky Cement, Cement LLC with the support of PrJSC Ivano-Frankivskcement.
According to the applicant, during the observation period (2017-2019), the dumping import of cement in absolute terms increased by 809%, in terms of consumption by 837%. In addition, the trend continues in 2020. According to the forecast, by the end of 2020 imports will increase by 1,815% and 2,547%, respectively. At the same time, prices for imported cement were lower than the prices of the applicant, and the growing volumes of imports forced him to reduce prices, despite the increase in cost.
Having considered the complaint, the authority concluded that import of cement from Turkey to Ukraine was carried out in volumes and on conditions that could cause damage to the national producer.
The Ministry of Economy has been instructed to conduct the antidumping investigation. Registration of interested parties is carried out within 30 days.

, , ,

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

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

, , ,

UKRAINE DECIDES TO BAN WAGON IMPORT FROM RUSSIA

The Cabinet of Ministers of Ukraine decided to ban the import of wagons of residents and the railway administration of the Russian Federation into Ukraine at a meeting on Wednesday, Verkhovna Rada deputy Oleksiy Honcharenko (the European Solidarity faction) said on his Telegram channel. According to the document released by him, in particular, the import of wagons into the customs territory of Ukraine, among the railway administrations, in registration of which there is or was the railway administration of the Russian Federation from February 20, 2014, is forbidden until December 31, 2020 (inclusively).
The decision comes into force from the day of its publication.
“By the Cabinet of Ministers of Ukraine decision No. 1147 dated December 30, 2015 a ban on the import into the customs territory of Ukraine of railway wagons that were in use and which are imported in the customs regime of imports from the Russian Federation has already been introduced. However, since November 2019 Ukraine’s resident legal entities purchased 1,165 wagons, the country of origin of which was not Russia. Some 608 wagon of them were previously owned by resident enterprises of the Russian Federation, and 15 wagons were owned by resident enterprises of the Russian Federation since 2014. In order to ban such rolling stocks as well, we made the relevant amendments to the decision, which the government supported today,” Minister of Infrastructure of Ukraine Vladyslav Krykliy said.

,