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The loss of the Russian market cost Ukraine $ 15 billion

The reduction of Ukrainian exports to Russia became for Ukraine an economic shock, but it’s actually good.

About this in his speech in Parliament on the opening day of the 5th session of the Verkhovna Rada of Ukraine, said President Petro Poroshenko.
“The closure of the Russian market became for Ukraine an economic shock, it cost us, according to some estimates, at least $ 15 billion. We lost dozens, if not thousands of jobs,” — said Poroshenko.

Потеря российского рынка обошлась Украине в 15 миллиардов долларов
According to him, in recent years the volume of trade with Russia has decreased fivefold.
However, according to Poroshenko, there are some advantages.
“Strategically it is good that this dramatically reduced our dependence on the Russian market, where the ball is not ruled by the laws of Economics, and political blackmail and Imperial pressure”, — said the President of Ukraine. However, he described the situation as “economic aggression” aimed at, quote, “to bring Ukraine to its knees.”

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