e increasing of the foreign trade turnover. Just
compare foreign trade turnover of goods and services in 2000 (163
million dollars), 2001 (181 million dollars), 2002 (235 million
dollars), and the five months of 2003 (136,5 million dollars), which is
75% (78 million dollars) more than for the same period of 2002.
During this period the export increased 57%, import 94%, respectively
62,2 million dollars and 74,3 million dollars.
The foreign trade operations with goods are performed with 80 countries
of the world, 10 of them are the countries of CIS and 70 others.
The largest volumes of exportations are directed to Russian Federation,
Poland, Italy, Germany and Byelorussia.
The prevailing exported goods are timber and wares made of it, organic
chemistry compounds, fertilizers, cereals, electric machinery, glass and
The largest importations come from Germany, Poland, Russian Federation,
USA, France, the Netherlands and Hungary.
The prevailing imported goods are chemical products, machines and
equipment, paper and cardboard, mineral fuel, oil and oil products,
plastic and plastic ware.
It is to note that there has been a tendency to increase the proportion
of the products with high degree of processing, using latest
technologies, and the decreasing of manufacture of goods made on
The structure of goods exportation has overcome the period of being raw
appendage of the foreign trade and to a certain degree has achieved the
level of high liquid goods and deep processing.
The efficiency of foreign economic ties is greatly determined by the
structure of exportation and importation which testifies the high level
of economic development, technological progress and exporting and
resource potential of the region.
The bulk the foreign exchange operations has greatly decreased which is
the evidence of the improvement of the economic development, Ukrainian
legislation, transport-storehouse, finance and bank constituents of the
infrastructure of foreign economic ties.
The foreign investments to the economy of the region have reached 52
million dollars, coming the largest foreign investments from the Great
Britain, Russian Federation and Germany.
A special regime of investment activity in road building and civil
engineering with a flexible system of customs facilities, tax
remissions, etc. is to be introduced in the five northern districts of
the region in order to improve the investment appeal the region.
The region is interested in the development of cooperation and
partnership with potential investments in road building, civil
engineering and creating the network of joint ventures for development
modern means of communication, team work for growing and processing
agricultural products according to European technologies, manufacturing
compact agricultural machines, light industry goods and development of
the infrastructure of the cities.
Here is a short review of enterprises and companies of Rivne region that
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