Cancellation of the Limit on Rail Transit Ukraine-Poland

by Olha Povaliaieva
Tuesday, February 1, 2022
Cancellation of the Limit on Rail Transit Ukraine-Poland

Polish investments in the Ukrainian oil and gas sector and metal reserves

On February 1, 2022, a meeting was held between the minister of infrastructure of Poland, Andrzej Adamczyk, and the minister of infrastructure of Ukraine Oleksandr Kubrakov. As a result of the rally, it was decided to update the customs conditions of the Agreement between the Government of Ukraine and the government of the Republic of Poland on international road transport dated 1992.

What decisions were made

  • Until February 4, 2022, representatives of Ukraine must notify the Polish side about the timing of the launch of the transit of railway freight cars under the updated conditions for customs-free transit;
  • An increase in the number of permits for cargo transportation from Ukraine to Poland on terms favorable to each of the parties;
  • Until February 5, the date of the Commission on International Road Transport meeting will be announced. The conference will name the number of permits on the updated terms of cooperation between Ukraine and Poland;
  • A decision was made to create a joint protocol of actions to increase the effectiveness of international checkpoints on the borders of Ukraine and Poland. The plan will be submitted by the end of February 2022, and both countries' customs and border services will take part in its development.

The interest of Poland's oil and gas giants PGNiG and PKN Orlen in cooperation with Ukrainian Naftogaz of Ukraine was discussed separately. A decision was made to invest in the oil and gas sector of Ukraine.

Also, the Polish company KGHM Polska Miedź announced its intention to take part in the development of deposits of Ukrainian non-ferrous metals.

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