Business news from Ukraine

LUKASHENKO ORDERS CLOSE BORDER WITH UKRAINE

President of Belarus Alexander Lukashenko, whom the U.S. and EU do not recognize as legally elected, instructed the border troops to completely close the border with Ukraine.
He said this on Friday at a solemn meeting to mark the Independence Day, the BelTA state news agency reports.
“A huge amount of weapons is coming from Ukraine to Belarus. Therefore, I instructed the border troops to completely close the border with Ukraine,” Lukashenko said.
He said that terrorist “sleeper” cells, the so-called self-defense formations, had been detected in Belarus.
“Terrorist sleeper cells, so-called self-defense formations have been detected today. These cells intend to overthrow the government at a specified date. They don’t know what date yet: our nation has yet to accept it,” Lukashenko said.
According to him, Germany, Ukraine, the United States, Poland and Lithuania are involved in this.

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UKRAINE-BELARUS TRADE TURNOVER REACHES $370 MLN IN JAN-FEB 2018

The volume of trade between Ukraine and Belarus in January-February 2018 reached $370 million, Ambassador of Belarus to Ukraine Igor Sokol has said.
“The growth of Ukrainian exports to Belarus outpaces the growth of Belarusian exports to Ukraine: if Belarus’ exports to Ukraine grow by 20-25%, then Ukrainian exports rise by 40-50%,” he said at a press conference in Kyiv.
According to the official, the growth of trade turnover between Ukraine and Belarus in 2017 was 20% and reached $4.6 billion.
Ukraine in the past year in terms of commodity turnover and exports ranked second among all trade partners of Belarus, in imports it ranked fifth.
“In turn, Belarus ranked fourth in the rating of the largest export markets of Ukraine. Belarusian exports increased by 18%, imports from Ukraine by almost 24%,” he added.
Sokol announced that the Made in Belarus exhibition of Belarusian producers will take place in the International Exhibition Center (Kyiv) on April 10-14, 2018. It is planned to present the achievements of 53 leading Belarusian companies in the sphere of machine building, petrochemistry, agriculture, food and light industry. Within the framework of the exhibition the “Belarus-Ukraine: Prospects of Cooperation” conference will be held.

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