Business news from Ukraine

TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN 2021 (THSD USD)

Top 20 countries Ukraine has posted the highest surplus of trade in 2021 (thsd USD)

Calculated by Open4Business

SPANISH FM COMES TO UKRAINE ON FEB 8-9

Minister for Foreign Affairs, European Union and Cooperation of Spain José Manuel Albares Bueno will pay a visit to Ukraine on February 8-9 at the invitation of Foreign Minister Dmytro Kuleba.
According to the press service of the Ukrainian Foreign Ministry, the ministers will hold talks, the key topics of which will be support and containment of the Russian Federation from further aggression. The parties will also discuss the increase in trade and investment between Ukraine and Spain.
On Wednesday, February 9 at 10:20, the ministers will hold a joint online press conference.

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UKRAINIAN-BRITISH TRADE RAISES UP BY 60% OVER TWO YEARS

The growth in the volume of bilateral trade between Ukraine and the UK thanks to the free trade agreement has increased by 60% over two years, President of Ukraine Volodymyr Zelensky said during a briefing with British Prime Minister Boris Johnson for media representatives.
The President noted that the Agreement on Political Cooperation, Free Trade and Strategic Partnership signed the year before last is working successfully, which is proved by a 60% increase in bilateral trade between Ukraine and the United Kingdom.
He also added that the parties agreed to start negotiations on further trade liberalization.

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TRADE BETWEEN AZERBAIJAN AND UKRAINE REACHES $1 BLN

The trade turnover between Ukraine and Azerbaijan for the first time in seven years has reached an all-time high levels of almost $1 billion, President of Ukraine Volodymyr Zelensky has said. “The commodity turnover [between Ukraine and Azerbaijan] not only did not decrease, despite what is happening around the world and our states are no exception, despite the COVID-19 pandemic, for the first time in seven years, the trade turnover has reached an all-time high of almost $1 billion “, Zelensky said during a joint briefing with Azerbaijani President Ilham Aliyev in Kyiv on Thursday.
According to Zelensky, Ukraine and Azerbaijan set a goal to double the volume of joint trade by 2024, increase the amount of joint investments and projects, in particular, the participation of Azerbaijani companies in the Great Construction program, as well as mutual participation in the construction of new infrastructure in both states.
Also, according to the president, Ukraine counts on the active participation of Azerbaijani business in privatization in Ukraine.

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