The trade war with Russia deprived Ukraine of a billion dollars – Deputy Minister

Ukraine has lost about two percent of GDP in the course of a trade war with Russia. This was stated by the Deputy Minister of infrastructure of Ukraine on European integration Viktor Dovgan.

“Losses due to restrictions of transit through the territory of the Russian Federation make more than a billion dollars, which is about 2% of GDP. This is a direct losses of exporters lost markets. But it’s also a loss of carriers,” said Dougan in an interview with “Gromadska TV”.

Dougan Takei recalled that during the “transit war” Russia restricts Ukrainian exports to the countries of Central Asia.

“This is perhaps a unique case of transit of the war, when the Russian Federation on 1 January 2016 restricted our transit to Kazakhstan for a period of six months, and then on 1 July, the restrictions were extended until the end of 2017, and distributed on transit in the Kyrgyz Republic,” said Dougan.

Recall, the EU became the main trade partner of Ukraine in 2016. Overall, however, the export of Ukrainian goods abroad in the first nine months of 2016 declined by 8.9%.