Ukraine: agro-industrial complex to receive 2.2 bln USD, due to unilateral opening of the EU market
Ukrainian producers of agrarian commodities and food may receive nearly 2.2 bln USD of profit, due to zero setting and significant decreasing of the customs duties for their commodities by the European Union, which the EU is ready to introduce in a one-way fashion for the term of half a year, declared Vitaly Sabluk, Director of the Department of economic development of the agrarian market of the Ministry of Agrarian Policy, on April 3.
V.Sabluk stated that the real possibilities for half a year include increasing of the export volumes to the EU by 46% or 717 mln USD within duty-free quotas, and to 1.5 bln USD within the quotas with significant duty decrease.
In particular, according to the official, the expected profit from confectionery exports to the EU under the reduced duties will total 450 mln USD, supplies to the European oilseed meal market – to 1 bln USD.
You should be authorized to post comment
In January-November Ukraine decreased flour production – State Statistics Service
December 19, 12:00
Ukraine exported over 17.5 mln tonnes of grains – Ministry of Agrarian Policy
December 19, 09:20
Denmark ratified the Ukraine–EU Association Agreement
December 18, 16:10
Ukraine: Nikolaev Sea Trade Port increased grain transshipment by 20%, oils - up 56%
December 18, 10:20
Polish President signed a bill on the ratification of the EU-Ukraine Association Agreement
December 17, 15:30
As of December 1, Ukraine exported 15.19 mln tonnes of grains - Ministry of Economic Development
December 17, 13:50
Ukraine increased winter crops planted areas by 7.3% – State Statistics Service
December 17, 09:58
Ukraine: as of December 1, sunflower seed stocks totaled 6.1 mln tonnes – State Statistics Service
December 16, 15:20