Ukraine's agricultural sector requires $56 billion for reconstruction over the next decade to replace machinery, restore production, and rebuild infrastructure, according to a report published by the Center for Food and Land Use Research.
Agriculture is a mainstay of Ukraine's economy, constituting 11% of GDP and 40% of exports as of 2021. The study estimated war-related damages to Ukraine’s agricultural sector at $10.3 billion, with losses totaling $69.8 billion.
Ukraine is hoping that the European Union (EU) will retain a temporary suspension of tariffs and quotas on agricultural trade with the war-torn country after June 5, after the expiry of the so-called Autonomous Trade Measures (ATM) is set to expire, Ukraine's Deputy Minister of Economy and Trade
The European Union (EU) could temporarily reintroduce tariffs and quotas in its agricultural trade with Ukraine if a new deal is not ready to start when the war-related tariff breaks end on June 5, Reuters reported on Wednesday, citing unnamed diplomats.
The following news article was produced in a partnership between Ukraine Rebuild Newswire and top 10 global law firm CMS. Much of the article is based on CMS' "Prosthetics Market in Ukraine" report, available here. Some 60,000 Ukrainians have lost limbs in three years of war,
Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian
Current Regional Status Overview Region Current Risk Level Change Factor Key Triggers North MODERATE Degrading Incursion into Sumy Oblast East HIGH Degrading Tactical Disadvantages / Land South HIGH Degrading RU Offensive ZP / KHER West MODERATE No Change Missile / Drone Strikes Current Infrastructure Status Energy Food/Water Medical Communications Transportation ONLINE ONLINE
Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade Representative
