UKRANIAN GOVERNMENT TO PROVIDE SUPPORT TO DOMESTIC TEXTILE PRODUCERS
June 1st, 2017
THE UKRAINE government has proposed a package of policies aimed at supporting domestic textile manufacturers who continue to struggle with the country’s ongoing economic and political turmoil.
Ukraine Prime Minister Vladimir Groisman announced the initiative on June 20, which involves spending USD150 million between 2017 and 2020.
Ukrainian government figures say the country’s domestic textile and clothing manufacturing accounts for 1% of national GDP, compared to 11-12% when Ukraine was part of the Soviet Union. Under the plans released by ...
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