Copyright © 2021 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Export from unacknowledged Crimea to the European Union decreases 251 times

In April-May of 2014 the volume of goods supplied from Crimea to EU countries constituted $113,4 thousand, meanwhile in 2013 this number constituted about $171 million, so the volume of export last year is on average 251 times bigger. This was stated to newspaper “Week mirror. Ukraine” by scientific consultant with Razumkov Center Volodymyr Sidenko citing Crimea Statistics data.

According to the expert, under such conditions the only market for Crimean companies is the Russian one.

As Sidenko emphasized, local business, for example, are de facto unable to supply their products to EU countries today, unless they have certification in Ukraine.

“Crimea is unacknowledged by the global community as part of Russian territory. And this means that it de facto has no possibility of using international legislative norms to protect the interests of subjects of economical activity on the territory of the peninsula,” said he.


 

Source: Zaxid

Translated by Mariya Shcherbinina

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!
Total
0
Shares
Related Posts