Ukraine intends to extend its exports even additional within the approaching fourth yr of the warfare begun by Russia, President Volodymyr Zelensky mentioned Thursday in his every day video broadcast.
The nation had already succeeded in boosting exports by 15% in 2024, mentioned Zelensky, emphasising that securing export routes throughout the Black Sea was essential for overseas commerce.
The president put the worth of final yr’s exports at greater than $41 billion.
In keeping with the economics ministry in Kiev, Ukraine’s most important exports embrace sunflower oil, maize, wheat, soya and iron ore.
Because of the Russian occupation of commercial areas in jap Ukraine particularly, the agricultural sector has lengthy changed the metallurgical business as the principle export sector.
Ukraine has been keeping off a full-scale invasion by Russia since February 2022.
Beforehand, in 2021, Ukrainian items exports totalled the equal of just about $70 billion, in accordance with the nationwide statistics workplace.
Nonetheless, even earlier than the warfare, Ukraine was the poorest nation in Europe when it comes to per capita revenue, in accordance with the Worldwide Financial Fund (IMF).
In his tackle, Zelensky described Syria as a brand new companion and held out the prospect of resuming diplomatic relations with the nation following the autumn of the al-Assad regime in December.
International Minister Andriy Sybiha had just lately travelled to Damascus along with Agriculture Minister Vitaliy Koval to carry talks with Syria’s new rulers.
Commerce relations are additionally to be intensified with Lebanon and African international locations, Zelensky mentioned.
