Qatari former Emir Sheikh Khalifa bin Hamad Al Thani dies aged 84World October 23, 23:08
Russia’s health ministry plans to build vaccines plant in EcuadorBusiness & Economy October 23, 20:19
Cygnus cargo spacecraft docks to ISSScience & Space October 23, 19:44
Whereabouts of several residents of blast-destroyed house in Ryazan not yet establishedWorld October 23, 18:50
Zakharova: no cyberattack on Russian foreign ministry’s websiteRussian Politics & Diplomacy October 23, 18:29
Russian Minister of Energy: Russia, Saudi Arabia begin new stage of energy cooperationBusiness & Economy October 23, 17:32
Russia not ready to say whether it will cut oil production or freeze itBusiness & Economy October 23, 17:29
Experts probing into situation around cyberattack on Russian foreign ministry’s websiteRussian Politics & Diplomacy October 23, 17:05
Two bandits killed in special operation in Nizhny Novgorod - sourceWorld October 23, 15:15
KIEV, June 3. /TASS/. Ukraine’s National Bank has published preliminary foreign trade statistics for January-April 2015 to draw extremely pessimistic comments from Viktor Medvedchyuk, the leader of the non-governmental organization Ukrainian Choice.
The slump in export is really stunning, Medvedchyuk says in an article published on the organization’s website. In just four months the export was down by 34.5% (against January-April 2014) to 3.2 billion dollars.
"It is noteworthy that Ukraine’s export to the EU countries has plummeted by more than a third - 34.4% This can testify only to the utter failure of the policy of euro-integration. Repeated warnings by impartial politicians and experts have come true: nobody is eager to welcome Ukraine with its goods," he says.
The dramatic fall in export to Russia - by a factor of 2.5 in contrast to January-April 2014 - was an inevitable consequence of the Ukrainian authorities’ policies.
The structure of Ukrainian export has changed accordingly: the share of engineering products was down by half, of mineral products (including ore) by a factor of 2.7, of metal products, by 40%, and of foods, by 22.5%
"The general prospects and trends of Ukraine’s export potential look not glittering at all. In April 2015 export fell by 39.1% against the March level. In other words, the decline has been picking up pace. And this means fewer contracts with Ukrainian manufacturers, mass dismissals, long unpaid leaves and poverty of the families of workers and engineers."
Medvedchyuk urged an impartial look at the economic realities and adjustments to the country’s foreign policy.
The export decline rate as it is, it may be down to zero by the end of the year," he said.