Russia remains Ukraine’s key trade partner despite Kiev’s delusional claims they’ve cut economic ties

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Despite years of mutual trade restrictions, Russia remained Ukraine’s biggest trade partner in 2018, according to data published by the State Statistics Service of Ukraine. Sales of Russian produce to Ukraine saw 12.3-percent year-on-year growth to US$8.1 billion. That makes Russia the biggest Ukrainian supplier, leaving China, Germany, Belarus, and Poland far behind. At the same time, the Russian market remained a major destination for Ukrainian exports. Ukraine sold $3.7 billion worth of goods to Russia, marking a 7.1 percent increase compared to the previous year. Moscow suspended the free trade zone deal with Kiev shortly after the Ukrainian government signed an association agreement with the EU. Ukraine was automatically included on Russia’s counter-sanctions list against the EU, introduced by Moscow in 2014 in retaliation to European penalties over re-unification with Crimea and Russia’s alleged military involvement in Ukraine’s eastern regions.

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This post originally appeared on SOTT.net

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