Ukraine

Business needs a roadmap to implement the law on chemical production

The law will enter into force only in the summer of 2024, but now it is necessary to begin its gradual implementation

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Lithuania and Ukraine plan to connect the ports of Odesa and Klaipeda by rail

Such a corridor bypassing Belarus and Russia is important for Lithuania and the Baltic states

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Ukraine is intensifying trade and economic partnership with the UAE

The share of steel products in trade between countries is about 30%

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Ukraine to build a section of Eurorail to Poland by the end of 2023

The railway section will provide direct access to Ukrainian goods from Warsaw to Lviv, and later to Kyiv

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Italy will present a plan to unblock Ukrainian exports

The Italian government intends to create a logistics platform for Ukraine

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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

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The deficit of the Ukrainian state budget in February 2023 increased to UAH 88.8 billion

In February, the general fund of the state budget received UAH 132.2 billion

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The Cabinet of Ministers reduced the list of exceptions for public procurement without a tender

Ukraine is gradually returning to the mandatory use of Prozorro in procurement

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The consumption of rolled products with a polymer coating in 2022 fell by 55.4% y/y

Due to logistics, the specific weight of European rolled steel increased from 26% to 37% in 2021, and Chinese – fell from 51% to 33%

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The strategy for the development of industrial parks until 2030 is approved in Ukraine

18 industrial parks of the country already have participants and other subjects

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Ukraine imported 7.7 thousand tons of long rolled products in January 2023

During the month, Ukrainian consumers reduced the import of long-rolled goods by 4% m/m

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The UK has extended tariff preferences for Ukraine until the beginning of 2024

The Ukrainian government will continue to work on the development of the economy

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