News

In the first quarter, EKA supported Ukrainian exports by almost UAH 630 million

Ukraine
Market & Price Trends
Innovation & Technology
Published Apr 17, 2024

Tridge summary

Since the beginning of 2024, the Export Credit Agency (ECA) has significantly supported Ukrainian exports, providing UAH 627 million in aid and facilitating an additional UAH 99.8 million in financing through partner banks. Deputy Minister of Economy, Taras Kachka, praised the exporter support program's effectiveness, especially in regions like Vinnytsia, Kyiv, and Kharkiv. The program has notably boosted the export of toys, game equipment, clothes, and food products, with Germany, the USA, and India being the primary beneficiaries.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As of April 1, 2024, the Export Credit Agency (ECA) has supported Ukrainian exports for UAH 627 million since the beginning of the year. During this period, domestic exporters in cooperation with EKA attracted UAH 99.8 million in financing from partner banks. This was stated by Deputy Minister of Economy - Trade Representative of Ukraine Taras Kachka, the press service of the Ministry of Economy reports. As noted, the exporter support program with the participation of EKA and partner banks was most often used by entrepreneurs of Vinnytsia region, where the volume of future export revenue in the region amounted to UAH 243.2 million, the city of Kyiv (235.3 million UAH) and Kharkiv region (33.7 million ...
Source: Agravery
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