The export of goods from Ukraine to Russia in January-February 2017 amounted to $576.58 million, which is 54.4 percent higher than in January-February 2016.
Due to the lack of funds, Ukroboronprom (Ukraine's defense production) state concern will have to send most of the staff of Lviv Armor Vehicle Factory on an unpaid leave.
President Petro Poroshenko has signed the law amending certain Ukrainian acts on removing administrative barriers on export of services.
In January 2016, Ukraine lost $200 million export revenue due to trade restrictions imposed by the Russian Federation.
The export of goods from Ukraine to the Russian Federation decreased by 48 percent to $121 million in Jan. 2016 compared to the same period last year. At the same time, the imports from Russia slumped by 60.6 percent, or more than 2.5 times - to $246 million.
Officers of Ukraine’s Air Forces have stolen 30 ejector racks for Su-24 strike aircraft from military warehouses with knowledge of high command of the Ukrainian Armed Forces.
Deputy director of Expert Analysis Department of the State Export Control Service of Ukraine, who was detained receiving $250,000 bribe from one of the defense enterprises, has been released.
Russia has imposed new restrictions banning Ukrainian exports to third countries through the territory of the Russian Federation.
Iran is aiming to increase its oil production by 500,000 barrels per day now that sanctions have been lifted under a landmark nuclear deal with the U.S. and EU.
The U.S. Congress voted on Friday, Dec.18, to repeal the 40-year-old ban on exporting U.S. crude oil.
The House voted Friday to lift the 40-year-old ban on oil exports, fueling a clash with President Barack Obama and acting on one of the oil industry’s top congressional priorities.
The negotiations in the so called Normandy format at the level of experts, which took place Thursday, Aug. 20 in Berlin, turned out to be completely successful.
Tax police officers together with the State Fiscal Service and the Security Service of Ukraine tracked down scrap metal exporters having caused 400 million hryvnia (about $18.5 million) damage to the state.
Ukrainian President Petro Poroshenko has set a task of boosting the export potential of the Ukrainian defense industry to Ukroboronprom State Concern and entering the top five global modern arms exporters.
Fulfillment of export contracts will help to speed up Ukrainian army rearmament without additional burden on the state budget.
According to the Organization of Petroleum Exporting Countries, if the oil price stays at the current $55 per barrel for a year, Russia will earn around $135 billion less.
The Ministry of Economic Development and Trade of Ukraine has increased a list of goods that can be removed from the free trade mode on import from Russia to Ukraine by 85 positions, up to 935 articles.