Restrictions Of Ukrainian Goods Transit Through Russia Resulted In Export Drop In Kazakhstan By 45.5%

Restrictions Of Ukrainian Goods Transit Through Russia Resulted In Export Drop In Kazakhstan By 45.5%KazWorld.info – The restrictions on transit of the Ukrainian goods through the territory of Russia have resulted in drop of the goods export to Kazakhstan in H1 by 45.5%.

Ukraine has launched the process of proceedings in the WTO concerning the restrictions on Ukrainian goods transit imposed by Russia for the Ukrainian goods transiting Russia to the territory of Kazakhstan and Kyrgyzstan. The trade turnover with this states has dropped by more than a third, the loss is estimated to $0.4 bn.

According to the Ukrainian Ministry of Economy the restrictions caused drop of export to the markets of the states of Central, Middle Asia and Caucasus in the first half 2016 by 35.15, including in Kazakhstan- by 45.5%.

Recall that in December last year, Russian authorities have suspended the Agreement on free trade zone with Ukraine. Since the beginning of this year’s products, following from the territory of Ukraine, included in the sanctions list of products. Then the Russian president signed a decree has introduced a special procedure for the import of goods from Ukraine to Kazakhstan via Russia. As a result of the Russian-Ukrainian and Russian-Belarusian border in July “stuck” about 50-60 cars and 150 cars.

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