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Ministry of Economy - Latest news GMK Center

Photo – Ministry of Economy considers decision on quota for scrap exports – Kalenkov
Ministry of Economy considers decision on quota for scrap exports – Kalenkov

A zero quota could be implemented until the end of 2025 until a systemic solution to re-exporting raw materials is found

Photo – Changes to the rules for the use of subsoil have entered into force in Ukraine
Changes to the rules for the use of subsoil have entered into force in Ukraine

In the new law, obsolete regulatory instruments have been abolished

Photo – The rate of decline in Ukraine’s GDP slowed to 26% in February 2023 – Ministry of Economy
The rate of decline in Ukraine’s GDP slowed to 26% in February 2023 – Ministry of Economy

Economic activity began to gradually recover, taking into account the significant reduction in the electricity deficit

Photo – The volume of Ukrainian exports in February 2023 increased by 15.3% m/m
The volume of Ukrainian exports in February 2023 increased by 15.3% m/m

In monetary terms, the volume of Ukrainian exports increased by 7.1% m/m in February

Photo – Ukraine can ensure economic growth in 2023 — Minister of Economy
Ukraine can ensure economic growth in 2023 — Minister of Economy

One of the key aspects is the expansion of logistics routes

Photo – Open trade between Ukraine and the EU will help save the economy
Open trade between Ukraine and the EU will help save the economy

In 2022, the share of the EU in the foreign trade turnover of Ukraine amounted to 55.5%

Photo – The Ukrainian government is preparing a large-scale deregulation of business
The Ukrainian government is preparing a large-scale deregulation of business

The Cabinet of Ministers proposes to cancel 47% of licenses and permits

Photo – Ukraine increased exports to the European Union by 4.2% y/y in 2022 – Ministry of Economy
Ukraine increased exports to the European Union by 4.2% y/y in 2022 – Ministry of Economy

During the year, the EU purchased Ukrainian goods worth about $28 billion

Photo – The Ministry of Economy will work on expanding Ukrainian exports in 2023
The Ministry of Economy will work on expanding Ukrainian exports in 2023

The government will try to extend the duty-free trade regimes with the EU, USA and the UK

Photo – Ukraine is interested in cooperation with the EU in the mining and metal complex
Ukraine is interested in cooperation with the EU in the mining and metal complex

Integration into the internal markets of the European Union is important for the reconstruction of the Ukrainian economy

Photo – All Russian Federation steel products should be subject to sanctions — Yulia Svyridenko
All Russian Federation steel products should be subject to sanctions — Yulia Svyridenko

Ukraine is ready to replace the Russian Federation in the markets of iron ore and other products

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