Ukrainian president orders formal halt of trade with Russia

KIEV – Ukrainian President Volodymyr Zelensky instructed the government to formalize the cessation of Ukraine’s trade with Russia, the presidential press service said in a statement Wednesday (April 6).

In fact, import and export operations between Ukraine and Russia have been completely terminated since the start of the conflict, the statement said.

According to Ukraine’s Fiscal Service, Ukraine saw a 38.7% year-on-year growth in trade with Russia in 2021 with a value of 10.09 billion U.S. dollars.

Exports grew by 26.5% to 3.44 billion dollars, while imports increased by 45.9% to 6.65 billion dollars. (Xinhua)

– ag 

 

Popular

DTI: Price guide on school supplies to ensure access to affordable items

By Brian Campued The Department of Trade and Industry (DTI) has released its latest “Gabay sa Pamimili ng School Supplies” to ensure that families have...

PAGASA confirms onset of rainy season

By Brian Campued Guess it’s time to play Lola Amour’s “Raining in Manila” on repeat again as the rainy days are finally back. The Philippine Atmospheric,...

DepEd ensures smooth opening of classes, scholarship for aspiring teachers

By Brian Campued In line with the directive of President Ferdinand R. Marcos Jr. to develop better learning spaces and quality education for every Filipino...

Political noise affected PH’s failed bid for UNSC non-permanent membership —Palace

By Brian Campued The Philippines’ reputation in the international community was negatively affected by the current political landscape, resulting in the country’s failed bid to...