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Ukraine - Latest news GMK Center

Photo – Trade restrictions abolition is the first step to Ukraine’s post-war recovery
Trade restrictions abolition is the first step to Ukraine’s post-war recovery

Liberalization of international trade will give mutual benefits to both sides

Photo – Yuriy Rudyuk: “Anti-dumping protection in the EU against Ukrainian products is most probably gone forever”
Yuriy Rudyuk: “Anti-dumping protection in the EU against Ukrainian products is most probably gone forever”

Yuriy Rudyuk, partner of law firm “Van Bael & Bellis” on the Commission’s Proposal to remove anti-dumping and safeguard measures on Ukrainian steel imports

Photo – European Commission proposed to suspend duties on imports from Ukraine
European Commission proposed to suspend duties on imports from Ukraine

Import duties on all Ukrainian exports to the EU may be suspended for one year

Photo – EU considers ending of all tariffs and quotas on exports from Ukraine
EU considers ending of all tariffs and quotas on exports from Ukraine

European Union is Ukraine's largest trade partner, accounting for more than 40% of its trade in 2019

Photo – UK canceled all duties and quotas for Ukrainian goods
UK canceled all duties and quotas for Ukrainian goods

In 2021, Ukraine increased exports to the UK by 62.4%, to $1.1 billion

Photo – UK to cut tariffs and quotas on goods from Ukraine
UK to cut tariffs and quotas on goods from Ukraine

Now the average import duty on Ukrainian goods is about 22%

Photo – Ukraine will aim EU and G7 nations markets after war
Ukraine will aim EU and G7 nations markets after war

Ukrainian government wants producers to freely export their products to Western markets

Photo – Turkey increased pig iron imports from Ukraine by 87% in January-February
Turkey increased pig iron imports from Ukraine by 87% in January-February

In two months, Turkish steelmakers imported 71.5 thousand tons of pig iron from Ukraine

Photo – Ukraine had been restricting rail exports to the EU due to traffic buildup
Ukraine had been restricting rail exports to the EU due to traffic buildup

Ukrainian goods exports to Romania and Poland via railways did not operated from April 16 to April 18, 2022

Photo – War disrupted ceramic clays supplies from Ukraine
War disrupted ceramic clays supplies from Ukraine

7.9% of global kaolin export was from Ukraine

Photo – Turkey in January-February reduced HRC import from Ukraine by 14%
Turkey in January-February reduced HRC import from Ukraine by 14%

In February import of finished steel products reduced by 3%

Photo – War in Ukraine to cut construction volume in Eastern Europe by 3.4%, Global Data
War in Ukraine to cut construction volume in Eastern Europe by 3.4%, Global Data

Finland is one of the most affected countries due to disruptions in supply of construction structures

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