Ukraine Increased Imports of Russian Goods
OREANDA-NEWS Ukraine has significantly increased imports of Russian goods, according to the State statistics service of the country.
From January to November 2018, Ukraine imported goods worth 7.4 billion dollars, which is 17.1% more compared to the same period of 2017.
At the same time, the export of Ukrainian goods to Russia decreased by seven percent to 3.3 billion dollars.
Thus, the negative trade balance reached more than four billion.
From industrial goods under the ban were gravel, crushed stone, some detergents, warmers, paper and cardboard, Wallpaper, boilers, some turbines, furniture, agricultural machinery, car parts and more.
Prime Minister Dmitry Medvedev stressed that this is a response to sanctions by Ukraine.
We will remind, the official Kiev started to bring sanctions in 2015 and they are constantly expanding. Moscow was forced to take retaliatory measures, banning the import of sweets, flour products, wheat, canned fish and vegetables, alcoholic beverages and some non-food products.
Earlier, at the end of December last year the Cabinet of Ministers of Ukraine has expanded the list of goods prohibited for import into the country. The government adopted the relevant decision on Thursday at the meeting.
As specified in the press service of the Ministry of Economic Development and Trade, banned imports from Russia "corn starch, glucose and syrup from glucose, maltodextrin and maltodextrin syrup." Food products include sweets, flour products, wheat, some vegetable oils, canned fish and vegetables, fruit jams and jellies, juices and spirits.