MainMain

Trade between Ukraine, Poland soars 30% in Q1, Warsaw says

Transfers from Poland amounted to 3 per cent of Ukraine's GDP.

The trade turnover between Ukraine and the Republic of Poland increased by 30 per cent in the first quarter of 2017, Polish Undersecretary of State for Security, Consular Affairs and Eastern Policy Bartosz Cichocki told reporters after the talks with Ukrainian Deputy Foreign Minister Olena Zerkal in Kyiv, an LB.ua correspondent reported on Tuesday, 19 September.

"We are pleased to note that the trade turnover increased by 30 per cent in Q1 2017 and expect that this indicator will only grow," he said.

Cichocki also said that financial transfers from Poland made by 1.2m Ukrainians who work or study in the Republic of Poland amounted to 8bn zlotys (or 2.22bn dollars).

"This is more than 3 per cent of Ukraine's GDP. This is a significant support which comes from Poland," he said.