Ukraine launches new export development program for businesses

10 August 2023, 01:34 PM

Ukraine has launched a new export development program for entrepreneurs that will help businesspeople and investors to open online stores, set up payments, find buyers, negotiate with partners, and organize the delivery of goods abroad.

Fondy, an online payment platform, broke the news on Aug. 10, along with its co-initiators;

Nazovni – a single platform for diplomatic assistance to exporters, organized by Ukraine’s Foreign Ministry;

Nova Poshta – the largest private postal operator in Ukraine;

Shop-Express – a Ukrainian platform for creating online stores.

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“Ukrainian exporters can independently create an online store with customized design from Shop-Express and built-in Fondy payment service to receive payment for goods in more than 150 currencies from more than 200 countries,” Fondy’s press service said.

“The store will have the necessary functionality for promotion and advertising on Google, product ads, and marketplaces. Entrepreneurs can choose several languages for their online store and display products in the corresponding currencies.”

Economic representatives of the Foreign Ministry will help program participants to find partners, provide information and legal support, and distribute commercial offers and presentations among potential partners, chambers of commerce, and industry associations.

Nova Poshta plans to offer a discount of up to 40% on shipments of up to 30 kilograms, as well as for documents being sent to Poland, the Czech Republic, Lithuania, Romania, Germany, and Moldova.

The export development program has no restrictions on the number of participants and will be valid until Oct. 31, 2023.

Nova Poshta now has second largest network of automated parcel terminals in Europe.

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