News From Agro-Industrial Complex

The European Union has signed the first guarantee agreements worth EUR 1.4 billion under the investment component of the Ukraine Facility programme. Thus, the EU has launched the Ukraine Investment Framework, which will help accelerate Ukraine's recovery, in particular its energy infrastructure.

This was announced by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during the Ukraine Recovery Conference-2024 in Berlin.

According to the results of spring sowing, 7.2 million hectares of oil crops and almost 5.6 million hectares of grain and leguminous crops have been sown on the territory controlled by Ukraine.

The suspension of import duties and quotas on Ukrainian exports to the European Union will be extended for another year, following today's adoption by the Council and April 23 vote in the European Parliament. The EU is thereby delivering once again on its commitment to support Ukraine for as long as it takes.

These so-called Autonomous Trade Measures (ATMs) have been in place since June 2022 and are a key pillar of the EU's unwavering support for Ukraine, providing a lifeline to the country's economy through access to the EU market.

At its meeting on 7 May, the Government adopted a critical decision to improve the business climate in Ukraine. This was announced by Prime Minister Denys Shmyhal.

Thus, Cabinet of Ministers Resolution No. 153, which limited payments for imports of goods and services, was cancelled.