For seven months, the National Bank has been ignoring the decision of the Cabinet of Ministers to extend the deadline for the return of foreign currency earnings for exporters of mechanical engineering products from 180 to 270 days. This was stated by Deputy Chairman of the Verkhovna Rada Committee on Economic Development Dmitry Kisilevsky at the Export Credit Forum, which takes place on January 22 in Kyiv.

We are talking about a recommendation to the National Bank to extend the deadlines for foreign currency earnings for the export of a very limited number of goods, the nature of sales of which does not allow closing transactions in 180 days (Order of the Cabinet of Ministers of Ukraine No. 573-r dated June 21, 2024).

In addition, the people's deputy noted that for the same time (seven months) the NBU has been ignoring the decision of the Cabinet of Ministers to extend the deadlines for foreign exchange earnings when importing machine tools and other means of production.

“There is a war in the country and the enemy is destroying the equipment on which various products are produced. Including defensive. The production time for complex equipment made to order is usually more than six months. The NBU probably didn’t hear about this and ignored the government’s decisions. Do you think this is official negligence or intent In the same order, the government proposed that the NBU also extend the deadline for the return of foreign currency earnings when exporting agricultural raw materials.. But the National Bank made this decision in 3 weeks. Export of raw materials - yes, mechanical engineering - no, import of machine tools - no. This is a wrong economic policy,” said Dmitry Kisilevsky.

The deputy recalled that according to the State Customs Service, the negative balance of foreign trade increased from $27.5 billion. in 2023 to $29.

1 billion. in 2024.

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It was reported that at the end of 2024, Ukraine’s trade turnover amounted to $112.3 billion. At the same time, goods worth $70.7 billion were imported, and $41.6 billion were exported.. The most goods were imported from China – $14.4 billion, Poland – $7 billion and Germany – $5.4 billion.. The largest amount was exported from Ukraine to Poland – $4.7 billion, Spain – $2.9 billion and Germany – $2.8 billion..