within five years, Ukraine can increase the supply of their products to Russia to $15 billion, but only if you resolve the underlying political differences, according to respondents “News” analysts.
the trade Turnover between our countries last year amounted to only about 27% of the level in 2013 (21% from peak of 2011), the supply of Ukraine to Russia was estimated at just over $3.2 billion this is stated in a prepared specially for “Izvestia” report of the black sea Bank of trade and development (BSTDB).
From political tensions, stated in the document, only last year, the two countries lost $26 billion it is Obvious that the economic importance of the Russian market for Ukraine is significantly higher than Ukrainian for Russia: at its peak in our country was heading, about a quarter of the exports of the neighboring state, whereas in Ukraine accounted for only 5% of exports of the Russian Federation, the report said the BSTDB. Experts believe that trade relations between States have the potential of recovery.
However, some sectors are irrecoverably lost for Ukrainian exports to Russia. It is primarily the supply of food and high-tech products.
Earlier, the Verkhovna Rada Deputy of the faction “the Opposition platform For life,” Natalia Korolevska called on to restore export to Russia, without which it is impossible to stimulate the economy in the era of pandemic coronavirus. According to the Deputy, the European markets Ukraine is perceived as a “raw material appendage”. The restoration industry can only contribute to the return of the export positions on the traditional markets.
