Business news from Ukraine

UKRAINE WILL RECEIVE FIRST BATCH OF POLYETHYLENE GRANARIES FROM PARTNERS

Ukraine will soon receive the first batch of sleeves for temporary storage of agricultural crops – mobile granaries, the need for which arose due to a shortage of storage capacity caused by the temporary occupation of the Russian Federation of part of its territories and the destruction of some elevators.
With a corresponding request to provide Ukraine with mobile granaries, the Ministry of Agrarian Policy and Food turned to the governments of the United States, Canada, Great Britain and the EU. At the moment, the first batch of these sleeves is already sailing to Ukraine, according to the agency’s website on Monday.
The report states that these “sleeves” are long plastic bags that can be stored directly in the fields and which can hold up to 200,000 tons of grain.
The ministry indicated that in addition to this, another version of mobile granaries, which are common in Canada and the United States, is planned for delivery – the so-called temporary silos. These are large metal rings mounted on a regular platform. A special material is laid on their surface that does not allow moisture to pass through, and on top it is closed with a special awning that preserves the grain from environmental influences. One such silus holds about 5,000 grains.
The Ministry of Agrarian Policy specified that many Ukrainian farmers are already buying mobile granaries, primarily sleeves for grain storage.
According to the agency, by the beginning of a full-scale war, Ukrainian farmers had approximately 75 million tons of elevator capacities at their disposal. During the war, granaries with a total capacity of about 10 million tons ended up in the territories temporarily occupied by the Russian Federation, were damaged or destroyed as a result of hostilities.

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UKRAINE IS WAITING FOR PROPOSALS FROM PARTNERS ON CURRENT EXTERNAL DEBTS – PM

Prime Minister Denys Shmyhal says that Ukraine is waiting for proposals from partners on the country’s existing external debts. “Of course, we expect steps and some proposals from our partners on our country’s existing external debts… I think that in the near future we will find a format for how to ease the debt burden of our country. We have started this work, and I think there will be a result in the coming weeks,” Shmyhal said on the air of the national telethon on Friday afternoon. At the same time, the Prime Minister stressed that Ukraine is a responsible payer for its obligations.

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QATARI COMPANY LOOKING FOR PARTNERS IN UKRAINE TO PRODUCE ANIMAL FEED AND EGGS

Qatari entrepreneurs are seriously interested in investing in Ukraine, including one of the largest agricultural companies in the country, Hassad Food, which is looking for partners for the production of animal feed and eggs, the Ukrainian Chamber of Commerce and Industry (UCCI) reported on its website.
According to its data, representatives of the largest companies of Qatar arrived in Ukraine as part of a delegation to participate in the second meeting of the joint commission on economic, trade and technical cooperation between the governments of Ukraine and Qatar.
It is clarified that Ukrainian grain traders and animal feed manufacturers at a meeting with Hassad Food Executive Director Mubarak Al-Suhooti discussed prospects for cooperation.
“The international campaign Hassad Food Company invests in production in other countries. In Ukraine, in particular, they are looking for partners for the production of animal feed and eggs, so Ukrainian entrepreneurs presented their capabilities,” the UCCI said.
During the talks between President of the Ukrainian Chamber of Commerce and Industry Hennadiy Chizhikov and First Vice Chairman of the Qatar Chamber of Commerce and Industry H.E Ali bin Ahmed Al Kuwari, the latter said that Qatari entrepreneurs are considering Ukraine for investment.
Chizhikov stressed that the composition of the representatives of the Qatari delegation testifies to the serious investment interest of this country in Ukraine. He urged Ukrainian business to take advantage of trade opportunities.

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TOP 20 COUNTRIES OF UKRAINE’S FOREIGN TRADE PARTNERS IN JAN-MAY OF 2020 (THOUSAND USD)

Top 20 countries Ukraine has posted the highest surplus of trade in goods in Jan-May of 2020 (thsd USD)

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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

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