Ministry of Economy of Ukraine
In April, ECA supported Ukrainian exports for more than UAH 1 billion: Taras Kachka
20.05.2024 | 15:52 | Section for Public and Mass Media RelationsIn April 2024, Export Credit Agency insured bank loans of four exporters in the amount of UAH 46 million, thereby supporting the execution of contracts worth UAH 1.07 billion. This was announced by Deputy Minister of Economy of Ukraine - Trade Representative of Ukraine Taras Kachka.
“Support and development of processing enterprises that export their products to other countries of the world is one of the priorities of the Made in Ukraine state policy. And the efforts of the Government and international partners are yielding results. Last month, the volume of exports of Ukrainian goods abroad set an all-time record since the beginning of russia’s full-scale invasion of Ukraine and reached pre-war levels. We will continue to do everything possible so that the business increases production volumes, creates new jobs and attracts investments in the real sector of the economy,” Taras Kachka emphasized.
Since the beginning of the year, 18 exporters insured by ECA have provided export revenue of UAH 1.7 billion. One hryvnia of ECA insurance liability based on the results of four months is converted into 12.4 hryvnias of supported exports.
In April, Ukrgasbank (the amount of credit agreements 0 UAH 27 million, the volume of supported exports - UAH 1.02 billion) and Oschadbank (UAH 19 million and UAH 45.7 million, respectively) insured their exporter clients in ECA.
Enterprises located in Lviv, Dnipropetrovsk and Chernivtsi Oblasts and in the city of Kyiv export their products to Slovakia (for UAH 504.2 million), Estonia (UAH 252.1 million), Poland (UAH 252.1 million), Romania (UAH 45.69 million), to the territory of the Benelux countries (UAH 12.7 million) and to France (UAH 4.65 million). The goods they produce and sell abroad are wood and wood products, as well as ferrous metal products.
Since the launch of the exporter support programme initiated by the Ministry of Economy in 2022, which ECA implements together with partner banks, the amount of exports supported by the agency amounted to UAH 12.72 billion.
Reed also:
-
30.05.2024 | 12:13
| Section for Public and Mass Media Relations
Vlasna Sprava: UAH 1 billion in microgrants for business development will be awarded by the state to the winners of the programme since the beginning of the year
Since the beginning of 2024, 4,115 Ukrainians have already become winners of the Vlasna Sprava (Own Business) programme and will receive UAH 1 billion to start or develop their business. The winners of this year’s ninth wave of the programme are 392 Ukrainians who will receive UAH 93 million to develop their businesses. This was announced by Deputy Minister of Economy of Ukraine Tetiana Berezhna. -
30.05.2024 | 12:09
| Section for Public and Mass Media Relations
Yuliia Svyrydenko urged investors to use the Platform for co-investment to support Ukraine's private sector
Ukraine is developing coordination with bilateral development agencies (DFIs), in particular through the Memorandum of Understanding between the EBRD and DFI on the co-financing platform, which allows the use of long-term project financing and guarantees from DFIs together with resources from international financial institutions (IFIs) to implement investment projects in Ukraine.
-
30.05.2024 | 12:04
| Section for Public and Mass Media Relations
Made in Ukraine: Farmers receive first compensation for the purchased agricultural machinery by Ukrainian producers
The first three agricultural enterprises received 25% compensation for the cost of the purchased agricultural machinery and equipment by Ukrainian manufacturers. The total amount of compensation is UAH 220,000. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine – Minister of Economy. -
30.05.2024 | 12:01
| Section for Public and Mass Media Relations
Government synchronises further joint steps with IMF mission to restore economic growth and implement reforms, – Yuliia Svyrydenko
Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine, discussed with the International Monetary Fund (IMF) mission the current macro-financial situation, business support programmes and further joint steps to ensure economic growth. This was the subject of a meeting with the IMF delegation led by Alfred Kammer, Director of the IMF’s European Department. The meeting was also attended by Deputy Minister of Economy Oleksii Sobolev. -
28.05.2024 | 12:20
| Section for Public and Mass Media Relations
Ukraine and Costa Rica will work together to restore pre-war trade volumes, – Yuliia Svyrydenko
Trade and economic relations between Ukraine and Costa Rica have great potential for growth, this concerns the increase in volumes and the diversification of trade. Preparations for the Memorandum of Understanding signing between Ukraine and Costa Rica on the promotion of trade and investment relations are currently being completed. The possibility of concluding a Free Trade Agreement is also being considered in the future.