PM Shmyhal: Ukraine to attract foreign investment in energy
Ukraine plans to attract foreign investment in energy to achieve the goals of energy independence and decarbonization.
Economy
NBU worsens outlook for GDP growth in 2022
The National Bank has downgraded its economic growth forecast for 2022 from 3.8% to 3.4%.
Ukraine's central bank raises key interest rate to 10%
The National Bank of Ukraine has decided to raise its key interest rate to 10%.
Republic of Korea to continue cooperation with State Space Agency of Ukraine
The Embassy of the Republic of Korea in Ukraine expressed interest in the Ukrainian-Korean cooperation in the field of space exploration and agreed to continue the partnership with the State Space Agency of Ukraine (SSAU).
Ukraine’s agri-food exports to EU up 33% last year
In 2021, exports of Ukrainian agri-food products to the European Union in monetary terms increased by 33% compared to 2020 and reached $8.3 billion.
Minister Galushchenko: Europe should counter energy threats jointly
Minister of Energy of Ukraine German Galushchenko believes that Europe should counteract energy threats jointly.
19 January 2022
More than half of domestic startups focused on Ukraine’s domestic market
Sixty-three percent of domestic startups are focused on the market of the entire Ukraine, 24% – on the local market, and 12% of newly created companies – on the foreign market.
Shmyhal: UkraineInvest receives applications for potential projects worth over $2B
The UkraineInvest office, which provides support to large investors, has already received applications for potential projects totaling more than $2 billion.
Galushchenko discusses energy security with US Senate delegation
Energy Minister of Ukraine German Galushchenko discussed energy security at a meeting with a bipartisan delegation of the U.S. Senate on January 18.
18 January 2022
Minister Galushchenko: Ukraine's energy system works consistently
Ukraine's energy system works consistently and provides the required amount of electricity to consumers.
Local budgets’ revenues in 2022 projected at 437B
Revenues of local budgets in 2022 are projected at UAH 437 billion, an increase of UAH 87 billion compared to the previous year.
EU lifts restrictions on import of poultry products from Ukraine
On January 17, the European Union lifted restrictions on the import of poultry products from Ukraine, which were in force since December 2020 due to avian influenza.
Over 33,000 electric cars registered in Ukraine
More than 33,000 electric vehicles have been registered in Ukraine as of January 1, 2022.
PM Shmyhal looks forward to productive dialogue with Canada on expanding FTA
Prime Minister of Ukraine Denys Shmyhal met with Canada's Foreign Affairs Minister Mélanie Joly, noting he looked forward to a productive dialogue with Canada on expanding the free trade agreement.
17 January 2022
Germany plans to open hydrogen diplomacy bureau in Ukraine
Germany plans to open a hydrogen diplomacy bureau in Ukraine.
Coal reserves at Ukrainian TPPs, CHPPs exceed last year's – Rada committee chair
Coal reserves during the ongoing heating season for the first time exceeded last year's figures.
15 January 2022
Ukraine’s export of goods grows by 38 percent
In January-November 2021, compared to the same period in 2020, Ukraine’s imports of goods increased by 33.8% to $64.87 billion, exports – by 38.2% to $61.27 billion.
Ukraine, Azerbaijan intensifying cooperation in transportation and aviation
Ukraine and Azerbaijan agreed to intensify cooperation in the field of international road and rail transportation and aviation.
14 January 2022
Aliyev: Azerbaijan ready to cooperate with Ukraine in many areas
Azerbaijan is ready to cooperate with Ukraine in many areas, including food, energy, etc.
Ukraine–Azerbaijan trade hits record high over past seven years
In 2021, Ukraine–Azerbaijan trade turnover hit a record high of almost $1 billion for the first time over the past seven years.
Zelensky hopes Azerbaijani businesses will actively participate in privatization in Ukraine
Ukrainian President Volodymyr Zelensky has said he hopes that Azerbaijani businesses will actively participate in the privatization of state property in Ukraine.
Trade, land, energy: Ukraine, Azerbaijan sign bilateral documents
President of Ukraine Volodymyr Zelensky and President of the Republic of Azerbaijan Ilham Aliyev have signed a joint declaration which sets out the position of the two countries on many issues and challenges.
13 January 2022
Banks issued almost UAH 8B worth of mortgage loans in 11 months of 2021 - NBU survey
Ukrainian banks issued 9,700 mortgage loans worth UAH 7.9 billion in January-November 2021, according to another survey of banks on the volume of mortgage loans granted to the population.
Ukraine could sign FTA with Turkey in February – MP
Ukraine's free trade agreement with Turkey could be signed in February during Turkish President Recep Tayyip Erdogan's visit to Kyiv.
Zelensky signs law on localization of industrial production
President Zelensky signed the Law of Ukraine "On Amendments to the Law of Ukraine "On Public Procurement" to Create Preconditions for Sustainable Development and Modernization of Domestic Industry".
12 January 2022
Shmyhal: Energy independence is Government’s constant priority
The course towards Ukraine's energy independence is a constant priority of the Cabinet of Ministers and envisages, in particular, the integration of the country's energy markets into the markets of the European Union.
PM: Ukraine to sign trade agreements with several countries this year
In 2022, Ukraine plans to sign important trade agreements with several countries.
Cabinet plans to reduce national debt to 50.8% of GDP in 2022
The Government of Ukraine plans to reduce the national debt to 50.8% of GDP in 2022.
Infrastructure Ministry hopes for G7's assistance in liberalizing international road haulage
The Ministry of Infrastructure of Ukraine expects the G7 countries to assist in launching a negotiation process on the liberalization of international road haulage.