Exports of Ukrainian goods to the European Union almost reached the pre-war level in August 2022 and exports in the first three quarters of the year even exceeded the exports in the corresponding pre-war period.
Ukraine’s Deputy Minister of Economy and Trade Representative Taras Kachka announced this during a national telethon, the CFTS portal reports, citing the Economic Pravda publication.
"Trade between Ukraine and the European Union has essentially resumed. Exports to the EU in August totaled 90% of the exports in August 2021. And in the first three quarters of 2022, we exported to the EU even a few percent more than we exported in the 1-3 quarters of 2021 despite the war," he said.
"Several steps taken by EU countries and the government of Ukraine facilitated Ukrainian exporters’ trading activity. In particular, the abolition of quotas and customs duties by the European Union simplified the export of agricultural products. The ‘Solidarity Lanes’ that the European Commission launched for Ukraine and the strengthening of the capacity of the customs infrastructure greatly facilitated the revival of trade,” the government said.
As reported earlier, Ukraine is expected to join the EU-Common Transit Countries’ Convention on a Common Transit Procedure and the Convention on the Simplification of Formalities in Trade in Goods on 1 October, which will facilitate faster movement of goods to EU countries.
