trade

Japan to open trade representation in Ukraine

The Japan External Trade Organization (JETRO) will open an office in Kyiv, Ukraine’s Deputy Economy Minister and Trade Representative Taras Kachka announced on Aug. 20.

20 August 2024, 08:51 PM

Naftogaz chief: Gas storage operations in Ukraine continue despite Russian strikes

Russian strikes on Ukraine's onshore energy infrastructure haven’t disrupted gas injection into Ukrainian storage facilities, according to Naftogaz of Ukraine’s CEO, Oleksiy Chernyshov. In an interview with the Financial Times on Aug. 12, Chernyshov reassured that repairs have been completed, and gas injection is proceeding as usual.

12 August 2024, 03:55 PM

Chinese banks reject yuan associated with Russia as 'dirty' currency

In the first seven months of 2024, trade turnover between China and Russia reached $136.67 billion, marking a 1.6% increase compared to the same period last year, Russian business outlet Kommersant reported on Aug. 7.

7 August 2024, 12:25 PM

US sentences Russian man for smuggling military equipment to Russia via Hong Kong

A Russian man has been sentenced to three years in prison and three years of supervised release in the United States for smuggling American military microelectronics to Russia, Reuters reported on July 18.

18 July 2024, 10:15 AM

India and Russia discuss long-term oil import deal

India's state-owned oil refineries are holding joint talks with Russia on a long-term oil import deal, though the countries have yet to finalize terms, including the currency of payment for imports, Reuters reported, citing a government source on July 11.

12 July 2024, 11:40 AM

Ukraine detains ship captain for transporting stolen grain from Crimea

The captain of a foreign vessel, a citizen of Azerbaijan, who helped Russians illegally export Ukrainian grain from temporarily occupied Crimea, was detained in Odesa Oblast, the Security Service of Ukraine (SBU) reported on Telegram on July 11.

11 July 2024, 10:35 AM

EU duties on Ukrainian products aid Polish market reentry

The European Commission's "emergency braking" mechanism, which imposes duties on eggs from Ukraine, had an immediate effect, said Pawel Podstawka, head of the Polish Federation of Poultry and Egg Producers, PAP reported on July 4.

5 July 2024, 03:36 PM

Germany urges China to halt dual-use goods sales to Russia

German Vice Chancellor Robert Habeck expressed hope during a visit to Beijing that China would cease selling dual-use goods to Russia, Interfax-Ukraine reported on June 23.

24 June 2024, 12:19 PM

Illegal cigarette market could undermine Western trust in Ukraine

As Ukraine's economy plunges into uncertainty, counterfeit and illegal trade is on the rise, wrote Steven J. Blank, PhD, Senior Fellow at FPRI's Eurasia Program, in an article for Eureporter on June 3.

4 June 2024, 12:29 PM

U.S. sanctions have significantly slowed down Russia - U.S. Commerce Secretary

U.S. sanctions on microchips have "slowed down Russia significantly," forcing Russia to use chips from household items instead, said U.S. Commerce Secretary Gina Raimondo, Voice of America reported on May 12.

13 May 2024, 01:18 PM

Russian forces advance northwest of Avdiivka amid Ukraine’s withdrawal - ISW

Russian forces made a tactical advance northwest of Avdiivka near the village of Arkhanhelske during the night of May 4, likely following a Ukrainian decision to withdraw from this area in Donetsk Oblast the day before, the U.S.-based think tank Institute for the Study of War reported on May 5.

5 May 2024, 01:44 PM

Erdogan to meet Biden in Washington for defense and trade talks

Turkish President Recep Tayyip Erdogan will visit Washington on May 9 to discuss boosting defense and trade ties with U.S. President Joe Biden, Bloomberg reported on April 26.

26 April 2024, 02:15 PM

European Parliament greenlights extended duty-free trade for Ukraine

The European Parliament formally approved the European Commission's proposal to extend the liberal trade regime with Ukraine for another year until June 5, 2025, Interfax-Ukraine reported on April 23.

23 April 2024, 06:47 PM

Ukrainian railway lifts restrictions on transportation to one of Black Sea ports

Ukrzaliznytsia (UZ) has lifted the temporary ban on cargo transportation in direction of port of Chornomorsk, company reported on its website on April 22.

22 April 2024, 02:31 PM

Major Chinese banks stop accepting yuan payments from Russia

Several Chinese banks stopped accepting payments in yuan from Russia feared by sanctions from U.S, China’s largest ICBC, as well as China Citic Bank (10th), Industrial Bank (13th), and Bank of Taizhou, Russian state newspaper Izvestia reported on April 17.

18 April 2024, 05:33 PM

Epicenter retail giant to launch a chain of amusement parks in its aim to thrive — photo

The first Epiland amusement park will appear in Kyiv this summer marking the first step in Epicenter shopping mall owners’ ambitions to set up their own amusement parks chain, the press service of Epicenter reported.

17 April 2024, 07:00 PM

Ukraine restarts container transportation via Black Sea route

Ukraine resumed container transportation through the Black Sea on April 3, with the ship sailing to a port in Odesa Oblast, marking the first voyage since the full-scale Russian invasion, Dumskaya reported on April 4.

5 April 2024, 01:33 PM

Odesa grain market operations hampered by Russian attacks — Ukrzaliznytsia

Grain market participants and freight forwarders have faced around five days of unloading delays caused by ongoing air raid alerts in Odesa Oblast in recent weeks, Valerii Tkachov, Ukrzaliznytsia’s Deputy Commercial Director, said during a meeting with grain market stakeholders, Interfax-Ukraine reported on March 29.

30 March 2024, 02:12 PM

EU extends liberalized trade regime with Ukraine, adding some restrictions

EU ambassadors have agreed to extend the existing liberalized trade regime with Ukraine for another year, the Belgian presidency of the European Council announced via Twitter on March 27.

27 March 2024, 09:30 PM

How EU-Russia-Belarus trade changed in recent years

The European Union continues trading with Russia and Belarus. NV Business examines who makes the most profit from this flow of goods and which products are in demand.

14 March 2024, 10:25 PM

trade

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