Today, October 12, the national Bank of Ukraine has canceled another batch of foreign exchange restrictions. In particular, the controller Board decided “to allow to carry out on the basis of individual license of the NBU for the purchase and transfer of foreign currency for placement outside of Ukraine of the security Deposit in the accounts of international payment systems both for banks and nonbank financial institutions. This means that should be used to ensure commitment during the implementation of […]

In the coming months in Ukraine can become cheaper citrus. This can occur due to anotherpolitical-economic conflict between Russia and Turkey. “The parties now blame each other for the introduction of additional administrative barriers, and we wait. If the tension escalates into another fight, in October, will be able to buy primarily citrus by 10-15% cheaper than it is now. And in the border areas of the Russian Federation the discount may be even more significant due to the fact […]

From 1 January 2018 under the agreement will reduce import duty rates on some products and goods produced in the EU. “The most important the reduction of duties on tea, ground coffee, salmon and hard cheese. On tea and coffee duty reduced from 10 to 2.5%, salmon 10% to 5%, and cheese brie and Gouda from 10 to 5%. So the average pack of tea weighing 100 grams needs at current prices to decline next year by 2.7 UAH, ground […]