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
Ukraine planted spring grains throughout over 7.1 mln ha – Ministry of Agrarian Policy
May 27, 17:00
First International Grain Ukraine Conference 2016 is going to be held in Odessa on the initiative of Terminals TIS Group
May 27, 08:07
Ukraine: impact of the grain market on freight policy of shipowners on the Danube river – expert
May 26, 17:05
Ukraine: beginning of the golden age for agricultural development - Ukrainian Grain Association
May 26, 16:40
In the current MY, key countries-importers of Ukrainian grains reduced purchases - APK-Inform
May 26, 14:15
“Grain Forum & Maritime Days-2016” started working in Odessa
May 26, 10:45