Ukrainian goods may finally lose the market of neighboring Belarus.

Indicative, that this problem was not caused by political sanctions, and the desire to give preference to domestic automakers in the Ukrainian market. Ukraine has applied a special duty at the level 16,08% to the Belarusian import of rods and 35% to the import of motor vehicles.

In response, Belarus imposed restrictions on Ukrainian exports.

These restrictions have been in force for two months, and during this time the Cabinet of Ministers has not taken any decisions to resolve the dispute. And no new markets have been found, as promised by government officials.

Consequently, in the Belarusian market, Russian goods are easily replacing Ukrainian ones. And here the forecasts are bleak.

You can read the full text of the article at the link: https://www.eurointegration.com.ua/experts/2021/07/27/7125899/

Today, 1 July, about 12.30 in the press center of the news agency “Interfax-Ukraine” a video conference of representatives of associations of various processing industries took place, including, of the Association “Ukrkondprom” regarding concerns about the situation with sugar prices. Associations call on the Government to prevent the aggravation of the socio-economic situation due to the forced rise in prices for socially significant food products, in which sugar is used: bakery, dairy, confectionery, ice cream, drinks, etc..

Over the past year, sugar prices Ukraine has doubled and continues to grow, though, what is its price in Ukraine on 30-40% exceeds world prices. This has already led to rising social prices significant food and has led to a deterioration in the situation of processors food industries, and also led to a decline in the purchasing power of citizens, increased social tension in society. In the processing industries through rise in price of raw materials there is a decline in production and sales products, reducing profitability, what, Consequently, leads to deterioration the state of industries and the forced reduction of about ten thousand jobs.

The video conference can be viewed on the Interfax Ukraine website at the link: https://ua.interfax.com.ua/news/video/752896.html