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Thursday, 15 April 2021, 01:32
The Finance Ministry of Ukraine has represented digital transformation projects for the Public catalog, namely: state budget planning and monitoring (e-budget), financial resources management (e-liquidity) and interbudgetary relations and local budgets (e-local budgets), the ministry’s press service reports.
A large marina and a new port for business development and transportation will be built in the city of Odesa, President Volodymyr Zelensky has said.
The National Bank of Ukraine (NBU) provided a total of UAH 660 million in refinancing to five banks, the central bank’s press service reported.
The government program “Affordable Mortgage”, which will ease access to a mortgage and offer a rate of up to 7%, will be simplified on a monthly basis.
The two-stage Antares rocket, developed with the participation of the Ukrainian side, has successfully launched the Cygnus cargo spacecraft into orbit, the State Space Agency of Ukraine reported on Facebook on February 20.
The two-stage Antares rocket, developed with the participation of the Ukrainian side, has successfully launched the Cygnus cargo spacecraft into orbit, the State Space Agency of Ukraine reported on Facebook on February 20.
Ukraine is negotiating to attract a foreign investor for manufacturing rolling stock for Ukrainian railways.
The construction of a new bypass road around Kyiv with a length of 150 km will begin this year.
19 February 2021
The European Union is Ukraine's main trading partner; the share of trade in goods and services with the EU totals 41% of Ukraine's foreign trade, Prime Minister Denys Shmyhal has said.
The Prime Minister of Ukraine Denys Shmyhal discussed with government officials and international partners a draft memorandum on the creation of a financial capital market in Ukraine.
The European Investment Bank (EIB) is ready to allocate 700 million euros to Ukraine for the development of small and medium-sized businesses, Prime Minister of Ukraine Denys Shmyhal has said.
Trade between Ukraine and Turkey in 2020, despite pandemic restrictions and slowdowns, has remained at pre-pandemic levels and amounted to about $5 billion, Ukraine's Ambassador to Turkey Andrii Sybiha has said.
Prime Minister Denys Shmyhal held a meeting with Executive Director of the Investment Promotion Office (UkraineInvest) Serhiy Tsivkach to discuss the attraction of investments in the Ukrainian economy.
18 February 2021
Ukraine has participated in the 32nd international organic food fair BIOFACH 2021, which is held online on February 17-19, 2021, and presented the Organic Ukraine Business Hub national pavilion which brought together more than 20 domestic companies.
Ukrainian Prime Minister Denys Shmyhal says that among the Government's priority tasks for 2021 are the completion of a land reform and the Great Privatization.
The Cabinet of Ministers has appointed Yuriy Bolokhovets as Head of the State Forest Resources Agency of Ukraine.
Ukraine and the European Union will hold an industrial dialogue on March 16-17, 2021.
The Ministry for Strategic Industries of Ukraine is ready to promote the growth of domestic exports to the EU markets, Ukraine's Deputy Prime Minister and Minister for Strategic Industries Oleh Urusky has said.
NJSC Naftogaz of Ukraine is planning to enter the retail electricity market in 2022.
Naftogaz Group is presenting its business strategy, which determines the stages of the company's development and transformation until 2025 and which was approved by the company's supervisory board.
Since the beginning of the year, the Finance Ministry has raised UAH 48.8 billion towards the state budget as a result of auctions on the placement of domestic government bonds.
The Infrastructure Ministry of Ukraine is planning to rebuild 20,000 kilometers of public roads by 2023.
Ukraine and North Macedonia signed a memorandum of cooperation and interaction in tourism between the National Tourism Organization of Ukraine and the Agency for Promotion and Support of Tourism of the Republic of North Macedonia.
The Cabinet of Ministers of Ukraine has approved the budget of the Pension Fund of Ukraine for 2021, the press service of the Social Policy Ministry reports.
17 February 2021
The Cabinet of Ministers has approved a decision authorizing the Investment Promotion Office (UkraineInvest) to support investors in the preparation and implementation of large-scale investment projects.
The markets of Japan and Argentina are expected to open for Ukrainian milk in the near future.
Ukraine hopes to sign this year an Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA) with the EU, which will provide ample opportunity for small and medium-sized businesses, according to Ukrainian Prime Minister Denys Shmyhal.
The Deposit Guarantee Fund of Ukraine will continue to pay guaranteed refunds to depositors of JSC Bank Veles from February 23, the fund’s press service reports.
On February 16, Minister of Foreign and European Affairs of the Slovak Republic Ivan Korčok paid his first working visit to Ukraine at the invitation of Minister of Foreign Affairs of Ukraine Dmytro Kuleba.
Turkey’s Pegasus Airlines has expanded the number of routes during the summer tourist season and started selling tickets for flights between four Ukrainian cities and three Turkish resort cities, an Ukrinform correspondent reports, referring to Airline Haber.
Net sales of foreign currency by Ukrainian banks have come to $104 million since the beginning of 2021.
Ukraine and Slovakia have agreed to cooperate to facilitate border crossings and introduce joint Covid border controls.
The Deposit Guarantee Fund of Ukraine accumulated UAH 16.95 billion as of February 1, 2021, the Fund’s press service reported.
U.S. President Joe Biden sees the Nord Stream 2 gas pipeline project as a bad deal for Europe and is considering the application of sanctions to stop the pipeline's construction, according to White House Press Secretary Jen Psaki.
Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs of Canada Marc Garneau agreed to negotiate on expanding the provisions of the Free Trade Agreement between Ukraine and Canada in the fields of services and investments.
Ukraine needs to develop a state strategy to support domestic airlines in connection with negative consequences of the COVID-19 pandemic, Prime Minister Denys Shmyhal has stated.
Ukraine expects to continue cooperation with the International Monetary Fund (IMF), the president’s economic advisor, Oleh Ustenko, has said.
On February 16, 2021, the Ukrainian Finance Ministry raised UAH 9.49 billion towards the state budget as a result of auctions on the placement of domestic government bonds, according to a report posted on the ministry’s website.
16 February 2021
Since the beginning of the state program "Affordable Loans at 5-7-9%", JSC Oschadbank has issued loans for a total sum of more than UAH 2 billion to entrepreneurs, according to the bank’s press service.
Ukraine looks forward to starting negotiations with Japan on a free trade agreement and updating the convention on the avoidance of double taxation.
In 2020, Ukraine’s imports of services decreased by 25.0% up to $5.21 billion dollars compared with 2019, while exports reduced by 28.5% up to $11.17 billion, according to the State Statistics Service.
Due to the temporary occupation of Crimea by the Russian Federation, Ukraine has lost the opportunity to exploit the Scythian section of the Black Sea shelf, where gas production was to begin in 2017.
Oschadbank (Joint-Stock Company “State Savings Bank of Ukraine”) and Mubadala Investment Company, a sovereign investor from the Emirate of Abu Dhabi (UAE), signed a Memorandum of Understanding to explore opportunities for cooperation.
Ukraine's Acting Energy Minister Yuriy Vitrenko has proposed that Prime Minister Denys Shmyhal submit for consideration by the Cabinet of Ministers the issue of the dismissal of Naftogaz CEO Andriy Kobolyev and the termination of contracts with members of the company's supervisory board, according to Vitrenko's letter dated February 12, which was seen by the LB.UA online news site.
On February 15, 2021, Ukraine’s Ambassador to Qatar Andrii Kuzmenko held a meeting with Minister of Transport and Communications of the State of Qatar H.E. Jassim Al Sulaiti.
In 2020, the negative balance of foreign trade in goods and services decreased by 14.4 times compared to 2019: from $3.69 billion up to $255.5 million, according to the Ukrainian Ministry of Development of Economy, Trade and Agriculture.
President Volodymyr Zelensky assures that the visit to the United Arab Emirates resulted in specific and important agreements with representatives of the Emirati state and business.
15 February 2021
UAE’s state-owned Mubadala Investment Company has signed a number of Memoranda of Understanding with the Government of Ukraine and Ukrainian private entities.
Ukraine's gross domestic product (GDP) decreased by 0.7% in the fourth quarter of 2020 compared to the fourth quarter of 2019, the State Statistics Service has reported.
Russia has expanded sanctions against Ukraine, introducing restrictive measures against the state-owned energy company Centerenergo, the state defense conglomerate Ukroboronprom, and the state-owned arms exporter Ukrspecexport, according to Russian government resolution No. 153, published on February 12.
It is important to create special economic and legal conditions for investment to ensure the economic development of Donetsk and Luhansk regions and the reintegration of the temporarily occupied territories of Ukraine.
It will be much more difficult for Ukraine to go through 2021 without an IMF tranche, but this will not be a disaster for the country, Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Hetmantsev has said.
President of Ukraine Volodymyr Zelensky has invited one of the world's largest port operators, DP World, to expand investment in Ukrainian ports.
The Ukrainian State Air Traffic Services Enterprise (UkSATSE) paid over UAH 700 million in taxes and fees to the budget of all levels in 2020.
INTELMAX Management Consulting plans to open a representative office in Ukraine in cooperation with the Ministry of Digital Transformation.
Ukrainian President Volodymyr Zelensky and his wife, Olena Zelenska, have visited the Expo 2020 exhibition in Dubai, the opening of which was postponed until October 2021 due to the COVID-19 pandemic, the press service of the head of state has reported.
The volume of issued mortgage loans in Ukraine increased by 36% to UAH 3.8 billion in 2020.
During the current week, the dollar exchange rate against the hryvnia is expected to grow: the cash dollar in banks may be traded at about UAH 28.0/28.3, according to a weekly forecast released by Alpari.
The coronavirus pandemic has accelerated the process of digital transformation and the creation of new projects in Ukraine and around the world, Deputy Prime Minister - Minister of Digital Transformation of Ukraine Mykhailo Fedorov says.