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Ukraine introduced procedures for the approval of minimum export prices for selected bulk commodities, including grains, oilseeds, vegetable oils and meals, walnuts, and honey.

Ukraine is a lower-middle income country in Eastern Europe. Its economy is rebounding after the political and economic turmoil of recent years.

Demand for food products served as an anchor for the Ukrainian economy in 2016. On-going political and economic crisis resulted in general economic slowdown in 2013-15.