Ukraine’s budget receives UAH 32M in seized assets of sanctioned individuals
For the first time, Ukraine’s state budget has received more than UAH 32 million in seized assets of individuals affected by sanctions.
Economy
31 January 2024
Industrial visa-free regime with EU: benefits and challenges for Ukraine
Ukraine expects to conclude an agreement on mutual recognition of product conformity certificates with Europe this year
‘Economic visa-free regime’ for another year: Ukraine hopes for approval by Council of the EU
The European Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the EU until June 2025, and Kyiv hopes that this decision will be approved by the Council of the European Union.
European Commission proposes to prolong trade liberalization for Ukraine, Moldova
The European Commission proposed on Wednesday that the Autonomous Trade Measures in relation to the goods produced in Ukraine and Moldova be extended for another year, which implies continued liberalization of trade between the European Union and both countries.
Finance Ministry briefs international partners on use of U.S. aid funds
Ukraine’s Ministry of Finance is actively cooperating with the World Bank and USAID to ensure that financial assistance provided by the U.S. government is used for its intended purpose.
Farmers to have their verification revoked in case of export rule violations in certain EU countries
Ukrainian agricultural producers will have their verification revoked for a period of six months in case of breaking the rules of exporting products to certain EU countries.
30 January 2024
PACE committee approves draft resolution on confiscation of frozen Russian assets
The Committee on Political Affairs of the Parliamentary Assembly of the Council of Europe (PACE) has adopted a draft resolution on the confiscation of frozen Russian assets and their use in support of Ukraine's recovery.
Almost no trucks waiting to cross border with Ukraine today – Demchenko
For the first time since the border blockade started, almost no trucks have been spotted waiting in line at the border between Ukraine and neighboring countries.
Ukrainian envoy, Polish minister discuss ban on Russian food exports to EU market
Russia continues to export food products to the EU market, and everything must be done to prevent the aggressor state from making money, namely on the agricultural products stolen from the temporarily occupied territories.
French investment company to acquire assets of Turkcell Ukraine for USD 500M
On Monday, French billionaire Xavier Niel announced that his investment company, NJJ Capital, agreed to pay $500 million for Turkcell Iletisim Hizmetleri AS’s Ukraine units.
More than 660 MW of green energy facilities built in Ukraine in past two years
In 2022-2023, more than 660 megawatts of power plants running on renewable energy resources were built in Ukraine.
29 January 2024
EU Council extends economic sanctions against Russia for another six months
The Council of the European Union today extended economic sanctions against Russia for another six months in view of Russia’s war of aggression against Ukraine.
Zelensky publishes asset declarations for past two years
The income of Ukrainian President Volodymyr Zelensky and his family decreased from almost UAH 11 million in 2021 to UAH 3.7 million in 2022.
28 January 2024
India shifting away from Russian weapons - media
India has sought to distance itself from Russia as its biggest arms supplier after the war in Ukraine undermined Russia's ability to supply ammunition and spare parts.
GRU operative’s family in Brussels helping Russia dodge sanctions - media
Brussels-based Russian national Viktor Labin, affiliated with the Russian defense ministry and intelligence, provides the Russian defense industry with coordinate-measuring machines that are critical in certain arms production, successfully avoiding European sanctions.
Avon keeps doing business in Russia despite war in Ukraine
Beauty giant Avon, which specializes in cosmetics sales and operates in over 140 countries, has come under fire for maintaining links with Russia despite the Kremlin’s ongoing war in Ukraine.
Russian defense industry getting machinery from Taiwan, evading sanctions - media
The Russian Federation has been reportedly receiving modern tools for its military industrial complex from Taiwan, despite the sanctions imposed by Taipei.
Angola closes Russia's way to diamond business - media
The Angolan authorities want to remove the Russian company 'Alrosa' from the joint diamond mining business. Due to the sanctions imposed on Russia, suppliers and banks refuse to work with the Russian company.
NBU sells $421M on interbank market on Jan 22-26
The National Bank of Ukraine (NBU) sold $421.3 million on the interbank foreign exchange market last week.
27 January 2024
Baltic customs authorities agree on coordinated application of sanctions against Russia and Belarus
The heads of the customs services of Lithuania, Latvia, and Estonia have agreed on unified control during the implementation of the European Union's sanctions against Russia and Belarus.
Russian assets must be seized – Zelensky
All Russian assets and assets of individuals affiliated with Russia must work to protect against Russian aggression, and a new EU sanctions package against Russia is needed.
NBU sells $421 million on interbank market over week
The National Bank of Ukraine sold USD 421.3 million on the interbank foreign exchange market last week.
About 20,000 people continue to work in coalmines in Donetsk region – governor
About 20,000 people continue to work in coalmines in Ukraine's eastern Donetsk region.
Russia cuts LNG exports due to sanctions - Reuters
Sibur, Russia's largest petrochemical company and exporter of liquefied petroleum gas (LNG), is cutting fuel exports from the Baltic port of Ust-Luga due to a shortage of gas tankers amid Western sanctions.
Vinnytsia region’s farmers receive over UAH 108M in bank loans
Since the beginning of 2024, Vinnytsia region’s farmers have received UAH 108.1 million in bank loans.
Govt developing several preferential programmes to provide Ukrainians with affordable housing
The Ukrainian government is developing several preferential programmes to provide citizens with affordable housing: in addition to the existing eOselia (eHousing) program, the “Rent to Buy” and “Social Rent” mechanisms will be introduced.
26 January 2024
IAEA chief to visit Ukraine, including ZNPP
Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi will visit Ukraine the week after next.
PM Shmyhal about EUR 50B from EU: All 27 countries tentatively agree to support programme
Ukraine expects the European Union will approve a new four-year EUR 50 billion assistance programme for Ukraine on February 1.
PM Shmyhal: We have all assurances from U.S. on seizure of Russia’s assets in favor of Ukraine
Ukraine has received guarantees from the United States regarding long-term support for Ukraine, including the transfer of confiscated Russia’s assets to fund the Ukrainian recovery.