News

12.01.2023 16:56

Exports to the EU increased by 4.2% according to preliminary results of 2022

12.01.2023 16:56

ccording to preliminary estimates of the Ministry of Economy, in accordance with the trade balance methodology, exports of goods to the EU countries in 2022 increased by 4.2% compared to 2021 and amounted to about USD 28 billion.  

12.01.2023 14:32

The Government of the Federal Republic of Germany handed over diesel generators to Ukrainian food producers

12.01.2023 14:32

The Federal Agency for Technical Relief (THW), funded by the German Federal Foreign Office, will hand over more than 700 generators to support the Ukrainian energy system. From this quantity, at least 25 generators will be provided to food producers, in particular, for the production of bread, milk, livestock products, electricity supply to storage warehouses, etc.

11.01.2023 16:47

Ministry of Economy: Consumer inflation on the outcomes of 2022 was 26.6% - significantly below forecasts

11.01.2023 16:47

In December 2022, consumer inflation remained at the level of the previous month - 0.7% per month. Annual inflation amounted to 26.6%. This figure was significantly lower than the figures predicted in the first half of the year. The Ministry of Economy of Ukraine told what put pressure on prices and gave a forecast for the coming months.

11.01.2023 15:52

Ukraine and Senegal intensify the cooperation in agriculture

11.01.2023 15:52

As a part of the visit of the Ukrainian delegation to Africa, the Minister of Agrarian Policy and Food of Ukraine Mr. Mykola Solskyi on January 9, 2023 had a meeting with the Minister of Agriculture, Rural Infrastructure and Food Sovereignty of the Republic of Senegal Mr. Aly Ngouille Ndiaye.

The parties discussed the prospects of relations between Ukraine and Senegal and the development of cooperation in the agricultural sector.

11.01.2023 14:47

Astarta produced 282 thousand tonnes of white sugar in 2022

11.01.2023 14:47

Astarta completed the 2022 sugar production season. In total, the сompany’s sugar mills processed c. 2mt of sugar beet grown in-house and from third-party farmers and produced 282kt of white sugar.

The sugar output content corresponded to 14.26% (the average Ukraine’s indicator was 13.98% per “Ukrtsukor”). Traditionally, 99% of sugar produced by Astarta corresponds to the highest quality category.

The 2022 processing season was the best in terms of processed volumes and sugar output compared to the previous two years.

10.01.2023 16:53

The Ukraine-Russia Grain Deal: A Success or Failure?

10.01.2023 16:53

On October 29, Russia announced it had quit the “grain deal” brokered by the UN and Turkey in July to allow Ukraine to export grain by the Black Sea. Moscow presented its move as a response to an alleged attack by Ukraine on the Russian fleet around Sevastopol city. Despite Russia’s warnings, a group of ships loaded with grain nonetheless exited through the safe corridor, exporting grain that had been loaded in Ukrainian ports. Shortly thereafter, Russia made a U-turn and announced it would return to the agreement after negotiations with Turkey. Moscow cited “written guarantees” from Ukraine that Kyiv would not use this corridor for military purposes or attacks against Russia.

This brief spat over the deal, which to that point had worked for all parties, left a mixed impression. On the one hand, Russia’s actions underscored that the agreement was vulnerable and weak, and made clear Moscow’s readiness to abandon it at any moment it saw fit. On the other hand, Turkey’s intervention, which secured the continuation of the deal and convinced the Kremlin to rejoin it, illustrated the significant influence Ankara wields in the Black Sea, both as a key interlocutor between parties and as a counteracting player to Russia.

10.01.2023 14:25

Ukrainian agriculture faces logistical challenges, but remains among the world leaders

10.01.2023 14:25

Ukrainian agriculture faces numerous challenges due to logistical problems, the occupation and mining of a large part of the territory, but remains among the world leaders almost a year after the Russian invasion.

The large-scale consequences of the war for agriculture have become profound and will probably continue for several more years, Pavlo Koval, general director of the Ukrainian Agrarian Confederation, tells EFE. The beginning of the war "clipped the wings" of the industry, which had been developing rapidly for the past 5–7 years, with a record 106 million tons harvested in 2021.

06.01.2023 17:08

Another 60 thousand tons of agricultural products were procured within the framework of «Grain from Ukraine» initiative, - the results of the meeting of Mykola Solskyi with the representatives of the World Food Programme

06.01.2023 17:08

Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi met with Deputy Country Director of the World Food Programme in Ukraine Marianne Ward.

As a part of regular negotiations in the process of execution of the initiative «Grain from Ukraine» the parties discussed the current state of things and further steps for the implementation of the humanitarian food program.

06.01.2023 16:29

Ukraine is successfully overcoming the challenges of winter: the Prime Minister talked about gas and coal reserves

06.01.2023 16:29

The energy system of Ukraine, despite everything, continues to work stably. There are 11.7 billion cubic meters of gas in storage, and 1.2 million tons of coal in warehouses, which makes it possible to successfully overcome the challenges of winter.

Prime Minister Denys Shmyhal said this at a government meeting on January 6.

06.01.2023 14:43

Ukraine: EU-FAO partnership to ensure recovery and development of agricultural value chains

06.01.2023 14:43

Rural households, smallholder farmers and small-scale agricultural enterprises will benefit from a $15.5 million project funded by the European Union (EU) and implemented by the Food and Agriculture Organization of the United Nations (FAO) to support the functioning, reinforcement and strengthening of value chains in agriculture, fisheries and forestry, and their adaptation to the wartime conditions. 

The project will focus on supporting producers in Lvivska, Ivano-Frankivska, Zakarpatska and parts of Chernivetska oblast with matching grants for on-farm and value chain-based investments coupled with extension and advisory support. 


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