Trade Facilitation Programme Ukraine

Start & End Date: 2022-Ongoing

Country/Countries: Ukraine

Multilateral Institution(s) Involved: European Bank for Reconstruction and Development

Case Study: Available

Since the war on Ukraine started in February 2022, trade flows and supply chains in Ukraine have been severely disrupted. This includes the agriculture sector, which accounts for 11 per cent of the country’s GDP, nearly 20 per cent of its labour force, and nearly 40 per cent of total exports.

To tackle this issue, the TFP significantly increased its headroom for Ukrainian banks, and stepped in to cover part of the higher demand. Since February 2022 the TFP has supported over €140 million (as of the end of June 2022) in trade transactions for the most crucial goods for the Ukrainian economy, such as the import of agricultural machinery and fertilisers.

The TFP also supports the whole supply chain to address food security concerns – it facilitates the import of seeds, fertilisers, fuel, tractors and harvesters into Ukraine as well as the export of grain, oil seeds and vegetable oils to Egypt, Morocco, Turkey and Tunisia.