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NBU calculates losses of foreign exchange revenues after completing the “Trade Visa -Free”

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Due to the removal of trade preferences in the European Union, Ukraine will not receive $ 800 million.

Ukraine will lose nearly $ 800 million in June-2025 after the restoration of June 6 a quota for Ukrainian agricultural products, which will fall into EU countries. It was said by the deputy head of NBU Sergey Nikolaychuk, the reality of Europe on Thursday, June 5 report.

According to him, it will significantly affect Ukraine’s money income. But the influence will not be critical. In particular, due to the fact that the part of agricultural products has previously begun imported to the EU outside the framework of “economic visa-free”, in particular, corn, eggs, sugar, poultry, and competition prevention in EU markets.

In addition, the work of the Sea Corridor has a positive impact on exporting agricultural goods.

“The foreign exchange market is certainly not critical and can accurately compensate for the corresponding measures of the National Bank’s financial and Kurian-Curse to prevent negative effects on our ability to ensure the stability of the foreign exchange market and to ensure transfer of inflation to the target of 5%,” Nikolaychuk said.

Remember, on June 6, the Ukraine will disappear of the “Trade Visa -Free” regime with the European Union, which allows the duty -Free export to European countries. Instead of accessing the market full, Ukraine exporters can only use 7/12 annual quotas that act before the war.

This means a significant reduction in the volume of exporting individual goods, respectively and income to foreign exchange. Quota for importing agricultural products from Ukraine to EU after the end of “Trade Visa -Free” will be applied to 30 goods.

The EU cancel the “Trade Visa -Free” for Ukraine. How can we trade

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Source: korrespondent

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