Archive for the ‘Ukrain’ Category

Ukraine Enhances Oversight on Food Exports to Safeguard Economic Interests

November 1, 2023

In a move to bolster transparency and safeguard its economic interests, Ukraine has announced new regulations governing food exports. These measures, aimed at curbing potential abuses like tax evasion in the export of crucial agricultural products, were outlined in a government resolution released on Wednesday. Ukraine stands as one of the globe’s leading food […]

Movement of Cargo Vessels to Ukrainian Ports

Maritime Trade, News, Ukrain

October 1, 2023

The International Trade Council acknowledges the recent developments in Ukraine’s maritime trade. We have received information that five additional vessels are navigating to Ukrainian sea ports. This initiative comes as a part of an alternative mechanism to the Black Sea grain deal which faced challenges earlier. The five vessels, namely OLGA, IDA, DANNY BOY, […]

International Trade Council Commends Ukraine’s Initiative on Grain Export Channel Amidst Ongoing Negotiations for Comprehensive Black Sea Agreement

News, Ukrain

September 27, 2023

The International Trade Council extends its support for Ukraine’s recent initiative to establish a dedicated maritime channel for its grain exports, recognizing the move as a crucial intervention in bolstering global food security. This initiative arises in the wake of Russia’s departure from a prior United Nations-endorsed arrangement that had previously facilitated Ukrainian exports through […]

EU Trade Commissioner Encourages Balanced Trade Relations with China Amid Concerns Over Ukraine Conflict

Europe, News, Trade Agreements, Ukrain

September 25, 2023

The European Union’s trade commissioner, Valdis Dombrovskis, has emphasized the need for a more balanced economic relationship with China while highlighting the EU’s substantial trade deficit with the country, which amounted to nearly 400 billion euros ($425 billion). Speaking at China’s Tsinghua University, Dombrovskis also expressed concerns about how China’s stance on the war in […]

Hungary’s Prime Minister Rejects Ukraine’s NATO Membership and Advocates for Dialogue

News, Trade Agreements, Ukrain

August 31, 2023

Budapest, August 30, 2023 – Viktor Orban, the Prime Minister of Hungary, has expressed his opposition to the potential integration of Ukraine into the North Atlantic Treaty Organization (NATO). The statement was made today, according to reports published by Prensa Latina. Prime Minister Orban also emphasized the importance of pursuing dialogue with Russia in addressing the […]

ITC Extends Support for Ukraine’s Recovery at the Ukraine Recovery Conference 2023

News, Trade Relations, Ukrain

June 9, 2023

The International Trade Council (ITC) is honored to announce its participation in the Ukraine Recovery Conference (URC) 2023, slated to take place in London from June 21-22. This esteemed conference, co-hosted by the UK and Ukraine, marks an essential step in rallying international support for Ukraine’s post-conflict recovery. Continuing the cycle of annual events, this […]

Hungary Implements Temporary Import Ban on Select Ukrainian Agricultural Products

Europe, International Trade, News, Ukrain

April 19, 2023

The International Trade Council wishes to inform its members and relevant stakeholders that Hungary has implemented a temporary ban on imports of honey, certain meat products, and grains from Ukraine, effective immediately until June 30, 2023. This decision follows the European Commission’s announcement of emergency preventive measures for wheat, maize, sunflower seeds, and rapeseed imports […]

UK Strikes Digital Trade Deal With Ukraine

Digital Trade, News, Ukrain, United Kingdom

November 30, 2022

International Trade Council announces the UK-Ukraine digital trade agreement, in a move to boost Ukraine’s economy amid challenges from the war and infrastructure damages. The deal was struck at a London meeting between the UK Trade Secretary Kemi Badenoch and Ukraine’s Minister for Trade and Economy Yulia Svyrydenko. The agreement aims to facilitate cross-border flows […]

Continued Support for Ukraine’s Grain Export: Extension of the Black Sea Grain Initiative

Agricultural Trade, News, Ukrain

November 17, 2022

The International Trade Council is pleased to announce that the agreement enabling safe and secure export of grain, foodstuff, and fertilisers from Ukraine has been extended for an additional four months. The Black Sea Grain Initiative, a cooperative venture involving Ukraine, Russia, Turkey, and the United Nations, has proven crucial in curbing the global […]

The ITC’s Global Economic Impact Forum on Ukraine to be Held in Istanbul, July 21-22, 2022

Economic Development, News, Ukrain

May 11, 2022

Istanbul, Turkey – The Global Economic Impact Forum on Ukraine (TGEIF) will be held on July 21-22, 2022, in Istanbul. This invitation-only event will bring together high-level political, public sector, and business leaders from Fortune 500 companies from across the globe to look at rebuilding Ukraine, discuss investment and trade opportunities, and address the challenges […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.