Weekly Digest
Consultations on the free trade zone between Ukraine and Turkey!
Top 20 most promising markets for Ukraine!
The influx of investment in Ukraine has declined!
We read in more detail than the world and Ukraine distinguished itself last week:
1. Foreign Minister Pavel Klimkin reported on consultations on a free trade zone between Ukraine and Turkey. Consultations and discussions on the introduction of the FTA will take place in the near future at the political level. “We talked about our future free trade zone. Consultations will take place in the near future, and then we will get together for discussion at the political level, since $ 4 billion in trade turnover is, of course, very far from our potential,” commented Pavel Klimkin to a press conference with Turkish Foreign Minister Mevlut Cavusoglu.
2. “As part of the export strategy, a list of new promising markets was approved, which can replace traditional export markets, access to which is difficult due to the political situation,” the press service of the Ministry of Economic Development said. According to the MEDT, Bangladesh, Belarus, Georgia, Egypt, Israel, India, Indonesia, Canada, China, Lebanon, Moldova, Nigeria, the United Arab Emirates, Saudi Arabia, the USA, Thailand, Turkey, the Philippines, and Japan.
3. The website of the National Bank of Ukraine reports that over the past year, the volume of foreign direct investment in Ukraine has decreased by $ 200,000,000. Last year, the net inflow of foreign direct investment in Ukraine amounted to $ 2.4 billion, which is 7.7% less than in 2017.
4. From February 27 to March 2, 2019 furniture makers have the opportunity to present the furniture of their company in the export offer zone, which will be created as part of the KIFF / Kiev International Furniture Forum exhibition. All participants in the “Export Offer Zone” will be able to become part of the B2B program with the participation of Bayer from various European countries. In order to become a member of the project and get the conditions for participation, you need to register by the active link: https: https://docs.google.com/forms/d/1b5i8qMpD8kAozRZ4g0Jn_P2S0n0K3N3x9tUQacjtnLU/viewform?fbclid=IwAR0LxBEf57VTFcgnZBrQY9dYHEtQ1AsWvleiCPq77Y3JG8jFOckhorao1TY&edit_requested=true
5. For developers in Kiev, the collection rate was reduced by 30 times. This decision of the Kyiv City Council has been in effect since January 2019 for entities engaged in housing construction and apartment housing construction with elements of shopping and entertainment and market infrastructure. The tax rate will be 0.03% of the minimum wage. Previously, this fee was 1%.
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