The Cabinet of Ministers of Ukraine has made a decision to ease the import of equipment for the implementation of large-scale investment projects with an investment volume starting from 12 million euros. The government has significantly simplified the procedures required for the import of such equipment, extending the deadline for submitting information to the Ministry of Economy regarding the list and volumes of goods — now it is up to 12 months instead of the previous five days.
This is reported by Finway
New Requirements for Determining Equipment Value
The Cabinet has also updated the rules for determining the value of imported equipment. The value must now be indicated not only in the currency of the contract but also in hryvnias, using the official exchange rate of the National Bank of Ukraine on the date of information submission. This approach will help avoid discrepancies between the preliminary assessment and the actual customs value of the equipment during clearance.
“The government has extended the deadline for submitting information about the list and volumes of goods to the Ministry of Economy from five days to 12 months, and has also clarified the requirements for determining its value. The value of the equipment must now be indicated in the currency of the contract and in hryvnias (at the NBU rate on the date of submission) to avoid discrepancies between the preliminary and actual customs value.”
State Support for Strategic Investments and Agricultural Producers
To date, the government has already signed a number of agreements with companies that provide state support for important investment projects. Among them are the construction of a soybean processing plant, the creation of the largest water park in Eastern Europe at the ski resort “Bukovel,” and the development of the GORO Mountain Resort.
In addition, the Cabinet of Ministers has extended until March 31, 2027, the opportunity for agricultural producers to extend loans under the state program “5-7-9%” for loan agreements concluded in 2022–2025. This step will allow domestic agricultural producers to avoid the risk of default in 2026 and support their operations amid the war, particularly during the recovery of destroyed farms.