Business news from Ukraine

UKRAINE’S GOODS TURNOVER WITH AUSTRALIA IN JAN-JUNE 56% UP – PM

3 October , 2017  

KYIV. Oct 3 (Interfax-Ukraine) – Ukraine’s goods turnover with Australia in January-June 2017 grew by 56%, Ukrainian Prime Minister Volodymyr Groysman has said.
According to the press service of the Cabinet of Ministers, after a meeting of the Ukrainian prime minister with President of the Senate Stephen Parry in Kyiv on Monday the sides discussed cooperation between the two countries.
“Groysman invited business circles of Australia to enhance investment activities in Ukraine and expressed interest in increasing trade turnover between the two countries, which has soared by over 56% as a result of seven months of the year,” the press service said.
The prime minister said that nowadays the countries have greater potential in bilateral trade than they show.
According to the report, in January-July 2017, goods turnover between Ukraine and Australia expanded to $112.9 million (a rise of 56.3%), exports to $7.82 million (a rise of 53.8%) and imports – $105.11 million (an increase of 56.5%).