State-owned enterprises will now report in the electronic form On January 11, the Ministry of Economic Development and Trade of Ukraine along with the Ministry of Finance of Ukraine adopted a joint decree on the launch of a single database for automated collection, analysis and compilation of financial statements and information on fiscal risks of state-owned enterprises in the electronic form. This initiative aims to simplify the procedure for collecting and analyzing the reporting of state-owned enterprises, generalize and submit it to the Ministry of Economic Development and Trade of Ukraine and the Ministry of Finance of Ukraine, as well as make it convenient for public to use the aggregate financial information of state-owned enterprises.

Top 100 state-owned companies earned profit in the amount of USD 21.5 billion in the first half of 2018 The Ministry of Economic Development and Trade of Ukraine published the report on the results of activity of 100 largest state-owned enterprises during 6 months of 2018.

264 new international technical assistance projects were registered in 2018 In 2018, the Ministry of Economic Development and Trade of Ukraine registered 264 new international technical assistance projects with the total funding of more than USD 953 million, which is by 50% more than in 2017. In general, 486 technical assistance projects to the total amount of USD 6.1 billion are being currently implemented in Ukraine.

Ukraine began to apply the provisions of the Pan-Euro-Med Convention Since January 1, 2019 Ukraine and the European Union have been applying the provisions of the Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin in the bilateral trade.

Government’s decisions: new duties, export and import licenses and VAT exemptions for scrap operations On December 27 the Government approved a number of initiatives of the Ministry of Economic Development and Trade of Ukraine.