192 vessels already left Ukrainian ports as part of ‘grain initiative’
A total of 192 vessels have left the Ukrainian sea ports since the so-called ‘grain initiative’ was launched.
Economy - Latest news
22 September 2022
EU ministers agree to prepare new sanctions against Russia - Reuters
EU foreign ministers have agreed to prepare new sanctions against Russia and increase weapons supplies to Ukraine.
21 September 2022
Shmyhal says UK ready to help Ukraine purchase gas
The United Kingdom is ready to provide Ukraine with financial support for the purchase of natural gas and to promote the development of Ukrainian gas production.
More than 10M tonnes of food products exported through 'grain corridors' - Michel
The EU-Ukraine Solidarity Lanes and the UN-led Black Sea Grain Initiative have helped partially alleviate the severity of the global food crisis and deliver Ukrainian grain to countries most in need - in Africa, Asia, and the Middle East.
Eight more grain ships leave Ukraine's Black Sea ports
On September 21, eight vessels carrying Ukrainian agricultural products departed from Ukraine's Black Sea ports of Odesa, Chornomorsk and Pivdennyi through the "grain corridor."
20 September 2022
Ukrainian PM, Austrian Chancellor discuss issue of food security
On the sidelines of the UN General Assembly, Prime Minister of Ukraine Denys Shmyhal and Federal Chancellor of Austria Karl Nehammer discussed the current situation in Ukraine and the issue of food security.
Shmyhal meets with IMF chief - work on new program begins in October
The IMF mission will start work on a new special program with Ukraine in October 2022.
Activists ask U.S. Congress to approve new aid package ASAP
Transatlantic Task Force for Ukraine (TTFU), the organization uniting influential activists, experts, and civil society leaders, has turned to U.S. Congress with an open letter, calling on legislators to speed up the process of approving a new assistance package to Ukraine worth over $11 billion.
Ukrzaliznytsia, Deutsche Bahn sign memorandum on support and cooperation
Ukraine's state-owned railway company Ukrzaliznytsia and Germany's largest rail operator Deutsche Bahn have signed a memorandum of understanding pledging support and cooperation in international freight transport.
Council of the EU adopts additional EUR 5B macro-financial assistance to Ukraine
On September 20, 2022, the Council of the European Union adopted the decision to provide EUR 5 billion of additional macro-financial assistance to Ukraine.
Ukraine’s agricultural exports via sea ports reach 4.1M tonnes
As part of the ‘grain initiative’, a total of 177 vessels loaded with 4.1 million tonnes of agricultural products have already left the Ukrainian sea ports.
19 September 2022
Ukraine’s exports via sea ports increased twofold over past week – UCAB
Between September 12, 2022 and September 18, 2022, Ukraine exported 1.1 million tonnes of agricultural products via the Odesa region’s ports, which is twofold higher compared to the previous week.
Think tank exposes Russia’s mechanisms for countering sanctions
Ukraine-based Center for Defense Reforms has presented the report “The main methods of countering sanctions, applied by the Government of the Russian Federation to minimize negative economic consequences.”
Grain Corridor: Twenty-three vessels head for Africa since deal signed
Since the Grain Corridor deal was enforced, 23 bulkers carrying a total of 640,000 tonnes of Ukrainian grain have departed from Ukrainian ports to Africa.
Ukraine loses up to 10M tonnes of potential crops
In 2022, Ukraine fell short of up to 10 million tonnes of potential crops due to the capture of its territories by Russia.
No shortage threat: Ukraine has threshed wheat more than twice the annual need
Farmers have harvested 19.2 million tonnes of wheat this year, which is more than twice the volume of annual domestic consumption.
President Zelensky, BlackRock CEO Fink discuss public and private investments in Ukraine
Ukrainian President Volodymyr Zelensky has discussed the possibility of raising public and private investments in Ukraine with Larry Fink, CEO of the world’s largest investment company BlackRock.
Expenditures from Ukraine’s state budget general fund reached UAH 1.2T since Feb 24
Between February 24, 2022 and September 1, 2022, the total amount of cash expenditures from Ukraine’s state budget general fund reached UAH 1.2 trillion.
Six more vessels loaded with grain leave Ukrainian ports
On September 19, 2022, six more vessels loaded with Ukrainian-produced agricultural crops left Odesa Region’s ports.
18 September 2022
Swiss parliamentarian wants all Russian banks to be disconnected from SWIFT
Swiss lawmaker, member of the Parliament’s Foreign Affairs Committee Nicolas Walder, commenting on the issue of selective disconnection of Russian banks from the SWIFT system (as of today, only seven banks have been sanctioned), said that all Russian banks should be subjected to such disconnection, while Russia sanctions in general should be further strengthened.
Eight more vessels loaded with grain leave Ukrainian ports
Eight more vessels have left Ukraine’s Odesa Port, Chornomorsk Port and Pivdennyi Port via the so-called ‘grain corridor’. Two more ships are waiting in line.
17 September 2022
ZNPP reconnected to Ukrainian power grid – IAEA
The Zaporizhzhia nuclear power plant has been reconnected to the Ukrainian power grid.
Ukraine's state budget gets $1.5B grant from U.S. - Shmyhal
Ukraine's state budget has received the last tranche of $1.5 billion as part of the $4.5 billion aid package from the World Bank's Multi-Donor Trust Fund.
Ship carrying 30,000 tonnes of wheat for Ethiopia leaves Chornomorsk
A ship carrying 30,000 tonnes of wheat for the residents of Ethiopia has departed from Ukraine's Black Sea port of Chornomorsk through the "grain corridor."
16 September 2022
FM Kuleba: The only way to ensure nuclear safety in Europe is to return ZNPP under Ukrainian control
In a phone call with International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi, Ukrainian Foreign Affairs Minister Dmytro Kuleba emphasized that the only way to ensure nuclear safety in Europe is to return Zaporizhzhia Nuclear Power Plant (NPP) under Ukrainian control.
OECD to consider Ukraine’s membership application in late Sept – Yermak
Head of the Office of the President of Ukraine Andriy Yermak has held a meeting with the heads of foreign diplomatic missions, dedicated to Ukraine’s accession to the Organisation for Economic Co-operation and Development (OECD) and the establishment of an ad hoc criminal tribunal to prosecute the crime of aggression against Ukraine.
Energoatom delivers most necessary spare parts, chemical agents, diesel fuel to ZNPP
A column consisting of 25 trucks of Energoatom National Nuclear Energy Generating Company of Ukraine has reached the temporarily occupied city of Enerhodar and delivered the most necessary spare parts, chemical agents and diesel fuel to Zaporizhzhia Nuclear Power Plant (NPP).
Zelensky approves Ukraine-EU agreement on road freight transportation
President Volodymyr Zelensky has approved the agreement between Ukraine and the European Union on freight transportation by road.
149 ships with agricultural products already left Ukrainian ports
Since the agreement between Ukraine, Turkey, Russia and the UN on the transportation of grain from Ukraine entered into force, 149 vessels with 3.4 million tonnes of agricultural products have left Ukrainian seaports.
Five more ships leave Ukrainian ports via ‘grain corridor’
On September 16, 2022, five more ships loaded with agricultural crops left the Ukrainian ports via the so-called ‘grain corridor’.