World Bank approves $1.49B in new funds for Ukraine
The World Bank's executive board approved $1.49 billion of additional financing for Ukraine on Tuesday.
Economy
07 June 2022
Ukraine invites South Korea to join restoration of affected regions
Head of the President's Office Andriy Yermak invited the Republic of Korea to join the restoration of Ukrainian regions or cities affected by the actions of Russian troops.
Number of electric vehicles in Ukraine growing - Ukrautoprom
More than 1,000 electric vehicles were registered in Ukraine in May 2022, which is 63% more than in May 2021.
EU’s 7th package of sanctions should include full embargo on Russian energy – Ambassador
The Ukrainian side would like the European Union to include a total embargo on Russian energy in the seventh package of sanctions.
Zelensky: Ukraine not ready to consider grain exports through Belarus
Ukraine is not ready to consider the option of grain exports through Belarus.
06 June 2022
Ukraine exported 148,000 t of grain and leguminous crops since early June 2022
Ukraine has exported about 47.2 million tonnes of grain and leguminous crops since the beginning of the marketing year 2021/2022 (July 1, 2021), including 148,000 tonnes since early June 2022.
Sixth sanctions package served as trigger to reject Russian oil just now – Chentsov
Ukraine considers the implementation of the sixth sanctions package against Russia as a very strong step, which has served as a trigger to reject Russian oil just now.
Ukraine can completely abandon gas imports due to own production – operator chief
Ukraine has a real opportunity to completely abandon gas imports through developing its own production, including of biogas.
05 June 2022
Borrell: Russia responsible for shortages in international trade in grains
Russia, which has unleashed the unprovoked war against Ukraine, is fully responsible for shortages in international trade in grains and the related global food security threats.
Italian foreign minister predicts wars in Africa due to shortage of Ukrainian grain
Italian Foreign Minister Luigi Di Maшo believes that the "world bread war has already begun" because of the grain blockade in Ukraine, which prevents many vulnerable countries from accessing grain and means that there is a risk of new conflicts breaking out in Africa.
04 June 2022
U.S. administration eyeing various options to unlock Ukrainian grain exports - Taylor
Unblocking Ukrainian grain exports is a global issue so the United States is working on various options to resolve it, including through the United Nations, as well as in other ways involving international partners.
Ukrainian President’s United24 initiative presented in Washington
The initiative of the President of Ukraine, United24 fundraising platform, has been officially presented to American political and business circles, foreign diplomats and public figures in Washington, the United States.
Ukrainian President’s United24 initiative presented in Washington
The initiative of the President of Ukraine, United24 fundraising platform, has been officially presented to American political and business circles, foreign diplomats and public figures in Washington, the United States.
03 June 2022
Ukraine cannot resume exports from Odessa due to no guarantees from Russia - Kuleba
Ukraine is ready to create the necessary conditions for the resumption of exports from the port of Odesa and is looking for a solution together with the UN and partners so that Russia cannot use this for an attack.
Cabinet fixates gas price for heat producers
The Cabinet of Ministers has frozen the price of natural gas for heat producers at UAH 7,400 per 1,000 cubic meters (including VAT).
PM Shmyhal calls on int’l companies to return to Ukraine
Prime Minister Denys Shmyhal has called on international companies to resume operations in Ukraine and promised maximum support on the part of the government.
Ukraine demands that Russian invaders leave Zaporizhzhia NPP
The Ukrainian Foreign Affairs Ministry strongly condemns the seizure of Zaporizhzhia Nuclear Power Plant (NPP) by Russian troops and the fact that the representatives of Russian energy companies are staying there.
EU suspends all duties on imports coming from Ukraine for one year
The European Union has officially suspended all duties on imports coming into the EU market from Ukraine to boost Ukraine’s economy affected by the Russian aggression.
Energoatom to supply electricity to Moldova from June 4
From June 4, 2022, Energoatom National Nuclear Energy Generating Company of Ukraine will supply electricity to the Republic of Moldova.
Ukraine to build nine nuclear power units with Westinghouse
The number of nuclear power units to be built in Ukraine together with Westinghouse will grow to nine.
U.S. hits export restrictions on over 70 companies from Russia, Belarus
The U.S. Department of Commerce has imposed new export restrictions on 71 companies from Russia and Belarus over aggression against Ukraine.
Baltic states reach accord to snub Russian electricity
Baltic energy system operators – Estonia's Elering, Latvia's Augstsprieguma tīkls (AST), and Lithuania's Litgrid have signed an agreement to stop buying electricity in Russia.
02 June 2022
Shmyhal calls on UN to take decisive action to avoid global food crisis
Ukrainian Prime Minister Denys Shmyhal has accused Russia of orchestrating a global food crisis, denounced its blockage of Ukrainian ports and called on the UN and international partners to take decisive action to respond to these challenges.
Ukraine may receive USD 4.8B from international partners in June
Ukraine may receive USD 4.8 billion in funding from international partners within this month.
National Bank warns of higher inflation in coming months
Despite gradual recovery of the Ukrainian economy, the trend toward accelerating inflation will prevail in the coming months.
Ukraine to receive €330M in EU assistance to support population and economy
Ukraine will receive 330 million euros from the European Union under the emergency assistance program. These funds are intended to support the population affected by Russia's war against Ukraine and will facilitate strengthening the country's resilience.
National Bank of Ukraine raises rate to 25%
The National Bank of Ukraine (NBU) has raised its main interest rate from 10% to 25%.
Grain and energy: Yermak invites Gulf states to set up advisory council
Head of the President's Office Andriy Yermak suggested establishing an advisory council on food and energy with the participation of Gulf states, opening offices of Arab TV companies in Ukraine and called on the Gulf states to join the sanctions against Russia.
Russia must take first step to unblock Ukrainian exports – Ukraine’s MFA
Russia must take the first step to unblock Ukrainian food exports by withdrawing its forces in the maritime waters around Ukraine and providing security guarantees against attacks on ports and commercial convoys.