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moving forward is increasing the production pace for the maximum range of weapons in the maximum quantity and the highest quality. "Defense should become the engine of economic recovery after the war and ensure our security today," Kamyshin pointed out. According to him, weapons and ammunition manufacturers, including private suppliers, are already significantly increasing. "This is an indicator that the economy is moving to military lines, and this is the right process," the minister added.
Kyiv has introduced additional anti-dumping duties on imports of metal wire and rolled steel from China, Ukraine’s Intertestamental Commission on International Trade announced on Aug. 2. The duties are set to expire in five years.
Kyiv estimates damages of grain deal termination at $2bn in 2023. Director of the Department of Monetary Policy and Economic Analysis of the National Bank of Ukraine Volodymyr Lepushinsky noted that Moscow's withdrawal from the agreement will affect the speed of grain exports.
Ukraine increased food imports by 21%. In January-June of this year, the Institute of Agrarian Economics reports that agricultural products worth $3.5B were imported into Ukraine, $611M more than in the same period last year. The main exporters of agricultural products to Ukraine are traditionally the countries of the EU, with a 42% share of imported supplies. In the first half of 2023, Ukraine purchased $1.5B of agricultural products from this region. The largest exporters are Poland with $398M, Turkey with $297M, and Germany with $212M. Significantly smaller volumes of imports are observed from other regions of the world. In January-June of this year, Ukrainian companies purchased $596M in food from partners in Asia (17% of total purchases), Latin American countries for $216M (6%), and Africa for $130M (4%).
35 UKRAINE Country Report September 2023 www.intellinews.com