The European Union may introduce an insurance ban for ships carrying Russian oil.
Ukrainian Foreign Minister Dmytro Kuleba has called on Australia to provide more weapons to Ukraine and proposed including the country in the Australian System of Tariff Preferences.
31 May 2022
The Kremlin regime may lose between US$10 billion and $25 billion once the sixth package of EU sanctions is introduced.
Over the past three months, financial support received from Ukraine's allies has already exceeded $7 billion.
The assets, accounts and shares of Russia’s Tatneft Group, totaling about UAH 2 billion, have been seized in Ukraine.
Ukraine has exported more than 46.9 million tonnes of grain and leguminous crops as of May 30, including 1.06 million tonnes in May.
EU member states have reached an agreement that will impose a partial embargo on the purchase of Russian oil, disconnect Russia's Sberbank from the international payment system SWIFT, and ban three more Russian state broadcasters.
The European Union is set to provide Ukraine with another EUR 9 billion in macro-financial assistance.
30 May 2022
Russia has illegally exported from the temporarily occupied territories of Ukraine almost half a million tonnes of grain.
Farmers from Vinnytsia Region are ready to export about 1.75 million tonnes of grain, which is now kept in grain elevators.
29 May 2022
New satellite imagery shows that a Russian freighter full of grain allegedly stolen from Ukrainian farms has arrived in the Syrian port of Latakia -- its second trip within four weeks.
Serbian President Aleksandar Vucic says he had agreed a new three-year gas supply contract in a phone call with his Russian counterpart Vladimir Putin.
In addition to provoking a global food crisis, Russia may start blackmailing Europe over natural gas supplies with the onset of cold weather, so it is now necessary for the Western world to stand strong and united.
Due to the war, about 35% of Ukraine's economy is shut down as of today.
The European Union is considering a naval mission to unblock maritime trading routes in the Black Sea and resume agricultural exports from Ukraine.
More than 600 companies have relocated their capacities from the regions where hostilities are underway. Of those, 390 have already resumed operations.
An investigation by the Observer this weekend reveals at least six superyachts linked to UK-sanctioned oligarchs which have “gone dark” on ocean tracking systems.
28 May 2022
U.S. President Joe Biden has signed a decree suspending tariffs on steel imports from Ukraine for one year.
UK Prime Minister Boris Johnson has assured Ukrainian President Volodymyr Zelensky that London and the G7 countries are working intensively to find ways to resume Ukrainian grain exports.
Minister for Foreign Affairs of Ukraine Dmytro Kuleba has called on the international community to demand that Moscow cease the military blockade of Ukrainian food exports.
Despite the war-related risks, foreign gas companies show interest in resuming the use of the Ukrainian underground gas storage facilities.
Gas Transmission System Operator of Ukraine (Gas TSO of Ukraine) and NSJC Naftogaz of Ukraine has appealed to German regulators to review legislation as regards gas transmission through the Nord Stream 1 pipe and assess the route in terms of security of gas supplies to Europe.
Austrian Chancellor Karl Nehammer has warned Russian President Vladimir Putin that the Austrian government would take away Gazprom's massive underground storage facility in the country if Russia’s gas monopoly fails to properly use it.
27 May 2022
Over three weeks since the United24 fundraising platform was launched, more than $43.6 million has been collected to support Ukraine.
It is important to restore the infrastructure in the liberated regions as soon as possible to ensure the normal logistics and operation of enterprises.
The Russian Federation is attempting to disrupt Ukraine’s grain exports to foreign countries even via alternative routes.
The Republic of Korea can contribute to the reconstruction of Ukraine after the end of the war.
26 May 2022
There are currently no plans to increase taxes in Ukraine, but a VAT refund on imports and import duties is being considered.
The only way to move Ukrainian grain to supply international markets is to stop Russian aggression.