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Ukraine - Latest news GMK Center

Photo – Ukraine will develop transport infrastructure on the border with Romania
Ukraine will develop transport infrastructure on the border with Romania

According to the estimates of the Recovery Agency, this area can triple the freight flow

Photo – Canada continued the abolition of customs duties on the import of Ukrainian goods
Canada continued the abolition of customs duties on the import of Ukrainian goods

The duty-free import regime, in particular, applies to steel and goods whose supply is regulated by quotas

Photo – The regulator intends to increase the maximum prices for electricity by 35%
The regulator intends to increase the maximum prices for electricity by 35%

Iron and steel enterprises emphasize that this threatens to stop production facilities

Photo – US duty-free regime for Ukrainian steel may help EU exporters
US duty-free regime for Ukrainian steel may help EU exporters

European producers will be more interested in the hot-rolled coil and preparation of Ukrainian origin

Photo – Ukraine counts on further liberalization of market access in Canada
Ukraine counts on further liberalization of market access in Canada

The parties discussed the signing of an updated Free Trade Agreement

Photo – The USA has extended the suspension of tariffs on Ukrainian steel for a year
The USA has extended the suspension of tariffs on Ukrainian steel for a year

The United States suspended tariffs on Ukrainian steel for one year in May 2022

Photo – The UK extended the cancellation of the duty on the import of Ukrainian steel for one year
The UK extended the cancellation of the duty on the import of Ukrainian steel for one year

Protective measures regarding Ukrainian imports of flat and coiled steel products have been suspended since August 2022

Photo – Ukraine and the EU discussed the possibility of restoring domestic steel industry
Ukraine and the EU discussed the possibility of restoring domestic steel industry

The industry has suffered significant losses due to the full-scale invasion of the Russian Federation

Photo – The EU extended the regime of duty-free trade with Ukraine for one year
The EU extended the regime of duty-free trade with Ukraine for one year

The European Union suspends all tariffs, quotas and trade protection measures on Ukrainian exports until June 2024

Photo – New business deregulation initiatives were supported in Ukraine
New business deregulation initiatives were supported in Ukraine

The Working Group on deregulation has provided a number of recommendations in the field of general regulatory rules

Photo – The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter
The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter

In March 2023, supplies of Ukrainian pig iron to EU countries have increased 4 times

Photo – Ukraine increased the import of flat products in 2023 by 2.4 times
Ukraine increased the import of flat products in 2023 by 2.4 times

The need to import flat products is directly related to the destruction of two plants in Mariupol, which were occupied

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