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Ukraine - Latest news GMK Center

Photo – Ukraine approves National Energy and Climate Plan
Ukraine approves National Energy and Climate Plan

The document is aimed at harmonizing environmental, energy and economic policies for sustainable development

Photo – The Cabinet of Ministers approved the procedure for using the state decarbonization fund
The Cabinet of Ministers approved the procedure for using the state decarbonization fund

The budgetary funds accumulated in the fund will be used in several areas

Photo – The Government recommends the NBU to extend the term for repatriation of foreign currency earnings in a number of sectors
The Government recommends the NBU to extend the term for repatriation of foreign currency earnings in a number of sectors

In particular, it is about settlement terms for export-import of steel and engineering products

Photo – Ukraine and the EU extended the transport visa-free regime
Ukraine and the EU extended the transport visa-free regime

The document provides for the possibility of automatic extension of the agreement until the end of 2025

Photo – Every company should have a contingency plan for energy supply
Every company should have a contingency plan for energy supply

Available business opportunities include the installation of gas reciprocating and gas turbine power plants

Photo – Low demand and rising Chinese imports: what’s happening in the Ukrainian seamless stainless steel pipe market?
Low demand and rising Chinese imports: what’s happening in the Ukrainian seamless stainless steel pipe market?

In 2023, the seamless stainless steel pipe market fell by more than three times compared to pre-war levels

Photo – Turkey imported 618 thousand tons of iron ore from Ukraine in January-April
Turkey imported 618 thousand tons of iron ore from Ukraine in January-April

The total import of ZRS by Turkish consumers during the period amounted to 3.6 million tons

Photo – ECA supported UAH 2.93 billion of exports in 5 months
ECA supported UAH 2.93 billion of exports in 5 months

This is twice as much as in the same period last year

Photo – Ukrainian ports handled 45.8 million tons of cargo in January-May
Ukrainian ports handled 45.8 million tons of cargo in January-May

This volume is almost twice as high as in the same period of 2023

Photo – US extends suspension of duties on Ukrainian steel for another year
US extends suspension of duties on Ukrainian steel for another year

The decision includes the suspension of tariffs on steel products from Ukraine that undergo further processing in the EU

Photo – EU increased imports of semi-finished products from Ukraine by 38.2% y/y in Q1
EU increased imports of semi-finished products from Ukraine by 38.2% y/y in Q1

Ukrainian suppliers accounted for 16.1% of the total volume of imports of semi-finished products from the EU

Photo – EU imported 3.68 million tons of iron ore from Ukraine in Q1
EU imported 3.68 million tons of iron ore from Ukraine in Q1

Ukrainian suppliers accounted for 20.1% of the total imports of the EU's iron ore

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