Lviv IT company to develop technologies for construction on the Moon
As part of a NASA project, Lviv-based IT company SoftServe, together with its American colleagues, will develop technologies for the construction of landing sites on the Moon.
Economy
10 January 2024
StratCom explainer: Global food security remains Ukraine’s unwavering priority
Ukraine remains committed to its international obligations and continues to ensure the uninterrupted supply of food products to the most vulnerable countries despite Russia’s withdrawal from the grain deal and attacks on Ukraine’s port infrastructure.
New financial support program for Ukraine: EU approves ‘partial negotiating mandate'
The EU Permanent Representatives Committee at ambassadorial level today agreed on a partial negotiating mandate on a proposal to establish a separate financial instrument to support Ukraine’s recovery and its efforts to implement reforms on its path to the EU.
How to more effectively squeeze Russia out of global markets
Decisions that actually reduce Russia's export revenues should be complemented by sanctions against those who help the aggressor circumvent restrictions
Poland opposes extension of EU trade preferences for Ukraine - media
The Polish government opposes the extension of duty-free preferences for Ukraine in the free trade agreement with Ukraine for 2024-2025, which the European Commission is to extend for another year by its June 5 decision.
NACP adds Subway to list of war sponsors
The National Agency for Corruption Prevention (NACP) has added the American multinational fast food restaurant franchise Subway to the list of international sponsors of Russia’s war.
Verkhovna Rada supports draft law on lobbying
The Verkhovna Rada has supported the draft law on fair lobbying in the first reading.
Parliament appoints Pishchanska Head of Accounting Chamber
The Verkhovna Rada has appointed Olha Pishchanska as the head of the Accounting Chamber.
Secondary Russia sanctions ensure against evasion - expert
There is currently no alternative to secondary sanctions against those who help Russia avoid existing restrictions.
Ukraine's GDP to grow by 3.2% in 2024 - World Bank
The Ukrainian economy is expected to grow by 3.2% in 2024 and by 6.5% in 2025.
Expert: We must be prepared that Poland will no longer be the largest transit route
Volodymyr Balin, Vice President of the Association of International Road Carriers (AsMAP), believes that Poland may cease to be the largest transit route for Ukrainian trucks to other EU countries.
AsMAP offers European colleagues alternative to returning cargo transportation permits - Balin
The Association of International Road Hauliers (AsMAP) is holding talks with European road hauliers and offering them an alternative solution to the return of freight transportation permits for Ukrainians.
Cargo turnover through Danube ports increases to 29M t
In 2023, cargo turnover through the Danube ports increased to 29 million tons, which is almost six times more than before the war.
09 January 2024
U.S., Ukraine coordinate steps to strengthen Ukraine’s economy development
On Tuesday, representatives of the governments of the United States and Ukraine held an online discussion of further steps to create an additional impetus for the development of Ukraine’s economy, including strategic industries and the business sector.
We believe in Ukrainian energy industry while preparing for any contingency - PM Shmyhal
The situation in Ukraine’s energy grid is under control as there is a safety margin so no blackouts are foreseen at the moment, but at the same time the authorities are preparing for all possible scenarios.
CMU cancels moratorium on disconnection of utilities for payment arrears
The Cabinet of Ministers (CMU) has lifted the ban on the termination of utility services to consumers who are in arrears in paying for them.
Over 300K new individual entrepreneurs register in Ukraine last year - Opendatabot
Last year, more than 300,000 new individual entrepreneurs and more than 37,000 new companies were registered in Ukraine.
Polish EU Commissioner initiates restrictions on imports of Ukrainian sugar, poultry meat to EU
European Commissioner for Agriculture Janusz Wojciechowski (Poland) insists that the European Commission's decision to extend the free trade agreement with Ukraine should include restrictions on the import of Ukrainian sugar and poultry meat to the EU.
UK invests over $380M in nuclear fuel to reduce dependence on Russia
The United Kingdom will invest more than $380 million to launch a high-tech nuclear fuel production program (HALEU) for nuclear reactors.
In 2022-2023, NPU seizes Russian assets worth over UAH 38B
The National Police of Ukraine (NPU) is investigating 45 cases of terrorist financing, high treason, collaboration, etc., and has seized Russian assets totaling over UAH 38 billion in these criminal proceedings.
08 January 2024
Ukraine's president, Kuwait's emir discuss cooperation in energy, agricultural sectors
Ukrainian President Volodymyr Zelensky and the Emir of Kuwait, Sheikh Mishal al-Ahmad al-Sabah, in a phone call on Monday discussed the prospects for cooperation in the energy and agricultural sectors.
About 2,000 trucks queuing at border with Poland
About 2,000 trucks are queuing up at the border of Ukraine and Poland, and the directions of three checkpoints are being blocked.
Ukraine exports almost 15M t of cargo via temporary sea corridor - Kubrakov
During the five months of the temporary maritime corridor's operation, Ukraine has already exported almost 15 million tons of cargo, including 10 million tons of agricultural products.
Japan to transfer batch of power equipment to Ukraine
Japan will transfer seven high-voltage autotransformers and five gas turbines to Ukraine.
Ukraine fulfils its part of agreements to unblock border with Poland – deputy minister
The Ukrainian side has fulfilled its part of agreements envisaged in the action plan for unblocking the border with Poland.
Ukraine, Japan’s task to engage Japanese companies in Ukraine’s recovery – PM Shmyhal
The Prime Minister of Ukraine, Denys Shmyhal, met with the Minister of Foreign Affairs of Japan, Yoko Kamikawa.
07 January 2024
Inflation in Ukraine down from 26% to 5% last year – NBU
In 2023, inflation in Ukraine decreased from 26% to 5% while the nation’s economy showed growth.
Microelectronics imports to Russia on decline amid sanctions - expert
Russia sanctions have affected the flow of microelectronics and other valuable components into the aggressor state.
Energy ministry: Ukraine’s energy system balanced, some imports expected during day
There has been no electricity shortage in Ukraine’s energy system so far. The generating capacity of Ukrainian power plants is enough to meet the consumer needs, although some imports have been scheduled to take place during the day.