Source Pravda.Ru

Ukraine loses $98bln because of anti-Russian sanctions

Ukraine has lost $98bln because of the anti-Russian sanctions, according to the Ukraine's trade policy review, as being a member of the WTO.

The document, published on the website of the Ukrainian Ministry of economic development and trade, evidences that trade volumes with Russia, "which was the biggest trade partner, have started to decline progressively since 2012 (from about 24.3% in 2012 to 12.7% in 2015)". As a result, it lead to losses in the Ukrainian trade, which are worth about $98bln".

It is also noted in the review, that Ukraine's export to the EU countries has significantly dropped. It provoked "decline of metal supplies and its products, as well as mineral products."

As Pravda.Ru reported, the Ukrainian economy is highly dependent on export. In 2014 for instance export of goods and services made up 48.6% of its GDP, that evidences Ukraine's strong dependence on the outer economic conditions.

The Ukrainian President Petro Poroshenko used to claim that anti-Russian sanctions should be maintained until "restoration of the Ukrainian sovereignty" and until "Russia changes its stance on the world order."

Also read: Lithuania suffers from anti-Russian sanctions most of all in EU

Pravda.Ru

Read article on the Russian version of Pravda.Ru

 

Comments
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018
Americans force Russia to create weapons even more powerful than S-500
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Atmosphere above Russia contaminated with radioactive substance
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia unveils the date for the launch of the superbridge to Crimea
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon
USA looking for reason to see nuclear weapons in action
Russia to build its own terminals in Egyptian airports
Putin prepares bitter and hysterical missile surprise to 'American partners'
Darwin and the Capital
Darwin and the Capital
Russian general says allegations of his involvement in MH17 crash are stupid