Contents tagged with trade

  • France closes its trade and investment office in Russia

    On Monday, July 16, France closed its trade and investment representative office in Russia, publishing an announcement in the communiqué of the French Embassy in Russia, which was released on the same day. The decision to close the office was taken following a notification from Russian authorities stating that from now on, Business France is no longer allowed to work in Russia under the provisions of French law. The trade mission of France provided support for the activities of Business France …

  • Ukraine ranked second in butter supply to the EU

    Ukraine became the second-ranked country after New Zealand to supply butter to the European Union, reported Trade Representative of Ukraine Nataliya Mykolska.

    "Ukraine ranked second after New Zealand in terms of butter supplies to the EU. In January-November 2017, the EU imported 2,300 tons of relevant products while annual supplies increased almost sevenfold compared to 2016," she wrote on Facebook.

    According to Mykolska, similar trends are being observed in the world market as well.

    " …

  • Despite sanctions, flow of goods between Russia and Ukraine increased by 20 percent

    In the first half of 2017, the trade volume between Ukraine and Russia increased, despite the sanctions, wrote Maxim Parkhomenko in his article for ZN.UA.

    The author, referring to the Ukrainian state statistics service, indicated that the geographical structure of Ukrainian exports since last year has not undergone significant changes. Ukraine’s main trading partners are Italy, Turkey, Egypt, Poland, Russia, and India. At the same time, Russia accounts for the lion’s share of the trading …

  • Media: flow of goods between Russia and separatist-held territories of Ukraine reaches $1.4 billion

    The total trade between Russia and the separatist territories of Donetsk and Luhansk regions in 2016 is estimated at about $1.4 billion, as stated in an investigation conducted by

    According to insider data of the Federal Customs Service and Russian Railways, in 2016, goods and products worth $1.2 billion were shipped from Russia to the separatist-held territories of the Donetsk and Luhansk regions.

    Last year, companies from Russia supplied goods to separatist republics for a total …

  • Putin hopes for restored relationship with Germany

    On March 22, at a meeting with BASF CEO Kurt Bock, Russian President Vladimir Putin said that Russia still hopes to restore relations with Germany.

    "We have not lost hope that we will be able to restore full-format cooperation," the President said.

    He also noted that the latest developments in the economic sphere had a negative impact on the volumes of mutual trade. Putin said that according to the Eastern Committee of German economy, at least 150,000 Germans lost their jobs as a result of …