Founded in 1918
Saturday, 21 June 2025, 05:42
01 June 2025
The Russian army, which is highly dependent on Western semiconductor technologies, is suffering greatly from U.S. and EU sanctions, since Russia is incapable of developing its own technology of this kind.
Developing energy cooperation is an important part of the efforts being undertaken within the framework of the Canada-Ukraine Free Trade Agreement.
Discussions on the most effective mechanism for utilizing frozen Russian assets in the interests of Ukraine are ongoing, but the court case regarding the Russian An-124 cargo plane grounded in Canada may serve as an interesting precedent.
Canadian arms manufacturers are showing strong interest in cooperating with Ukraine.
Discussions about aid to Ukraine are shifting from a donation-based model to one focused on strategic investment, including the so-called "Danish model."
31 May 2025
The Ukrainian Council of Defense Industry has signed a memorandum of strategic cooperation with the UK's ADS Group — the leading British trade association representing over 1,500 companies in the aerospace, defense, security, and space sectors.
The Russian government is struggling to keep their economy going by relying on lies and the remainder of national reserves.
In Russia, starting early 2026, the government intends to oblige budget-funded employers to pay salaries in "digital rubles", which is aimed at strengthening total control over the population.
Finnish businesses consider the Ukrainian market as promising for expansion and new investments, particularly in the areas of IT and digitalization, green transition and energy, advanced technologies in the construction, food and processing industries.
Naftogaz of Ukraine NJSC and Poland’s ORLEN have signed a Memorandum of Understanding aimed at expanding strategic cooperation in certain areas.
30 May 2025
Considering the limited time before the auction, gas transmission system operators expected that gas import capacities from Greece might not be booked. Hence, the next auction has been scheduled for June 23, 2025.
Ukraine has significantly scaled up its weapons production and can now meet around 40% of the Defense Forces' needs.
The Cabinet of Ministers has approved a decision to secure nearly $3 billion in funding from Japan, backed by proceeds from Russian frozen assets.
The International Atomic Energy Agency (IAEA) maintains its position that restarting the Zaporizhzhia Nuclear Power Plant (ZNPP) is impossible under current circumstances due to the lack of safe operating conditions.
Director General Rafael Mariano Grossi of the International Atomic Energy Agency (IAEA) will pay visits to Ukraine and Russia next week.
More than EUR 3.5 million in innovation development grants have been attracted by 117 Ukrainian startups, from bionic prosthetics manufacturers to AI platforms.
29 May 2025
During a meeting with representatives of the American Chamber of Commerce, Prime Minister Denys Shmyhal emphasized that Ukraine’s defense industry and military-tech sector are the most promising areas for U.S. investment.
Ukraine and the International Monetary Fund (IMF) have reached a staff-level agreement on the eighth review of the Extended Fund Facility (EFF) Arrangement, which will provide Ukraine with a tranche of approximately $500 million.
Russia is experiencing a decline in rail freight transportation volumes.
28 May 2025
President Volodymyr Zelensky and German Chancellor Friedrich Merz met with representatives of German business to discuss cooperation with Ukraine.
The Permanent Mission of Ukraine to the International Organizations in Vienna has sent a verbal note to the Secretariat of the International Atomic Energy Agency (IAEA), condemning Russia’s obvious intentions to connect the temporarily occupied Zaporizhzhia Nuclear Power Plant (NPP) to the Russian power grid and arbitrarily resume its operation.
Ukrainian Agrarian Policy and Food Minister Vitalii Koval and Swedish Rural Affairs Minister Peter Kullgren have signed a Memorandum of Cooperation in agriculture, fisheries, food industry and irrigation.
The National Energy and Utilities Regulatory Commission (NEURC) has approved the implementation of a joint product for gas import capacity reservation via the Trans-Balkan corridor, allowing the country to import about 1 billion cubic meters of gas per annum from Greece.
27 May 2025
A power transmission line is being constructed in the temporarily Russian-occupied territory of Zaporizhzhia and Donetsk regions, potentially enabling the restart of the seized Zaporizhzhia Nuclear Power Plant (NPP).
Ukraine’s public and government-guaranteed debt increased by UAH 357.12 billion in April 2025, reaching a total of UAH 7,480.33 billion ($179.97 billion).
26 May 2025
Representatives of Ukraine's Economy Ministry and a World Bank mission have reviewed key areas of economic development, including the implementation of the balanced entrepreneurship initiative.
Ukraine poses no threat to European farmers and is not asking for trade privileges, but is seeking an equal partnership with the European Union.
Kirill Dmitriev, Russia's special representative for economic cooperation with foreign countries, is working to protect frozen Russian assets from being targeted.
Ukrainian Foreign Minister Andrii Sybiha and Azerbaijani Economy Minister Mikayil Jabbarov met in Baku to discuss trade, investment, and energy cooperation, with a focus on strengthening Europe's energy independence.