Business news from Ukraine

UKRAINE AND MOLDOVA AGREE TO DEVELOP TRADE

Prime Minister of Ukraine Denys Shmyhal and Prime Minister of Moldova Natalia Gavrilitsa signed an intergovernmental protocol on amendments to the Free Trade Agreement (FTA).
According to the Ukrainian government’s press service, the amendments to the Free Trade Agreement stipulate that the pan-Euro-Mediterranean rules of origin of goods should be applied in trade between Ukraine and Moldova.
“The transition to these rules of origin of goods unites the Ukrainian and Moldovan Association Agreements with the EU into one system. We made such a step with Georgia a year ago. Now we are uniting the trade regimes of all the states of the Associated Trio among ourselves and with the EU,” the prime minister said.
The head of the Ukrainian government said the pan-Euro-Mediterranean cumulation system allows trading in goods that are produced from components that can originate from all countries in this system.
“This protocol is another step towards the withdrawal of the Associated Trio countries from the trade relations of the CIS and the transition to an EU-centered economy,” Shmyhal said.
In turn, the Prime Minister of Moldova said the Protocol confirms the readiness to promote trade relations between the two countries, in particular on the path of European integration.

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TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN GOODS JAN-MAY 2021

TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN GOODS JAN-MAY 2021

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TOP 20 COUNTRIES OF UKRAINE’S FOREIGN TRADE PARTNERS JAN-MAY 2021 (THOUSAND USD)

TOP 20 COUNTRIES OF UKRAINE’S FOREIGN TRADE PARTNERS JAN-MAY 2021 (THOUSAND USD)

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS JAN-MAY 2021 (IMPORT)

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS JAN-MAY 2021 (IMPORT)

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-MAY 2021 (EXPORT)

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-MAY 2021 (EXPORT)

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UKRAINE EXPECTS TO START FREE TRADE NEGOTIATIONS WITH UNITED STATES

Ukraine expects to start free trade negotiations with the United States during the visit of President Volodymyr Zelensky to the United States, First Deputy Prime Minister, Minister of Economy Oleksiy Liubchenko has said.
“During the president’s visit to the United States, we want to reach an agreement to start free trade negotiations with the United States,” Liubchenko said in an exclusive interview with Interfax-Ukraine.
In addition, Ukraine has carried out preliminary work to expand the free trade area (FTA) with Canada.
“I hope this year we will complete negotiations on expanding the FTA to include services and mutual protection of investments,” the first deputy prime minister said.
He added that Canada is interested in this, since it has great investment potential, concentrated in private pension funds.

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