Monday, May 18, 2015

WSJ: Ukraine is difficult to sever economic ties with Russia – BBC

The reversal of the Ukrainian economy to the West proves difficult, the newspaper The Wall Street Journal . As stated by the newspaper, Ukraine is difficult to sever economic ties with Russia. The publication also notes that a large part of Ukrainian heavy industry is not easy to compete in Europe.

Most of all Ukrainian crisis hit the plant, located in or near the combat zone, according to the material and notes that they have, or damaged equipment or supply channels were disrupted. The effects are felt in enterprises that are in the “hundreds of miles” from the conflict zone, and writes WSJ cites plant “Progress”, which over the years depended on Russian buyers and that is hard to find clients in the EU.

In the agricultural sector, with the export business there is much better, as this segment is not as dependent on the Russian market, the newspaper said.

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