Polish EU Presidency in 2025 will propose changes to trade cooperation with Ukraine
In the first half of next year, the Polish presidency of the EU will have its own proposals for changes to the EU's trade cooperation with Ukraine.
Economy
Ukraine to receive EUR 100 M from EU for reconstruction of electricity transmission system
The European Union will provide EUR100 million to NPC Ukrenergo for the reconstruction of the electricity transmission system under the Ukraine Investment Facility (UIF) programme, which is part of the Ukraine Facility plan.
UK at OSCE condemns Russia's targeting of Ukraine's energy infrastructure
Russia's relentless targeting of Ukraine's critical infrastructure is a violation of humanitarian law and OSCE principles.
Government approves distributed generation development strategy until 2035
The Cabinet of Ministers of Ukraine has endorsed a strategy for the development of distributed generation until 2035.
Parliament raises excise duties on fuel
The Verkhovna Rada of Ukraine has adopted as a whole draft bill No. 11256-2 on making amendments to the Tax Code of Ukraine regarding the implementation of the provisions of the EU law on the excise tax.
18 July 2024
Ukraine's PM visits Zaporizhzhia Automobile Building Plant
Zaporizhzhia Automobile Building Plant (ZAZ) plans to produce more than 160 buses this year.
Ukraine mulling half-trillion increase of defense budget
In the near future, the Verkhovna Rada will consider the government’s draft law on the revision of the State Budget of Ukraine for 2024, with the expenditures set to increase by more than UAH 500 billion.
EU has something to learn from Ukraine in energy domain – expert’s opinion
Europe can learn a lot from Ukraine in the energy sector, namely with regard to maintaining the energy grid while under attack, and should also be interested in establishing cooperation in other areas related to energy.
Buckwheat prices likely to rise in Ukraine
The new-harvest buckwheat prices are expected to increase in Ukraine.
Ukraine’s domestic gas production capacity is sufficient to fully provide for the upcoming heating season
Domestic gas production and storage injections are key to ensuring a sustainable heating season
17 July 2024
European Commission approves first payment of EUR 4.2B under Ukraine Facility - von der Leyen
The European Commission has approved the first regular payment of EUR 4.2 billion under the EU's Ukraine Facility.
European Commission supports allocation of almost EUR 4.2B to Ukraine - Shmyhal
Ukrainian Prime Minister Denys Shmyhal has said that the European Commission supports the disbursement of almost EUR 4.2 billion to Ukraine.
Mykolaiv region’s agricultural enterprises increasingly grow niche crops in 2024
This year agricultural enterprises in the Mykolaiv region have started to increasingly grow niche crops.
Energoatom completes repairs at NPP power unit
A power unit is back in operation following scheduled repairs at one of Ukraine’s nuclear power plants.
Japan to provide $3.3B in loans to Ukraine from frozen Russian assets
Japan is arranging to shoulder $3.3 billion in loans to Ukraine as part of support to be provided by Group of Seven members utilizing interest from Russian sovereign assets frozen as part of their sanctions over Moscow's invasion of its neighbor.
OECD to cover Ukraine’s contributions for 2024, partnership fees from its own budget
In sign of support, the Organisation for Economic Co-operation and Development (OECD) will cover from its own budget Ukraine’s contributions for 2024 and partnership fees to a number of its bodies, as well as Ukraine’s arrears for 2022 and previous years.
State Property Fund schedules first large privatization auctions
The Ukrainian State Property Fund has announced the dates for auctions to sell such objects as Ukraine Hotel and United Mining and Chemical Company (UMCC).
16 July 2024
New import laws to ensure energy sustainability of businesses and citizens - Shmyhal
Bills No. 11258 and No. 11259 approved by the Verkhovna Rada will ensure the energy sustainability of enterprises and households.
Ukraine's finance minister meets with IMF mission chief
Ukrainian Finance Minister Sergii Marchenko and IMF Mission Chief for Ukraine Gavin Gray have discussed preparations for the fifth review of the four-year program of the Extended Fund Facility (EFF) and budget financing in 2024 and 2025.
Kyiv delivers on all Q2 commitments under Ukraine Facility - economy ministry
Ukraine has taken all the necessary actions to fulfill the indicators designated for the second quarter of 2024, laid down in Ukraine’s Plan within the framework of the EU’s Ukraine Facility, and sent the European Commission a corresponding motion to receive EUR 4.1 billion.
Production of rifles, cartridges: Ukraine, Czechia sign deals
As part of joint intergovernmental consultations, the governments of Ukraine and the Czech Republic signed a number of agreements, including on the construction of a new cartridge factory in Ukraine and on the manufacture of assault rifles.
Defense industry launches integration into defense structures of U.S., NATO - Ministry of Strategic Industries
Oleksandr Kamyshin, Minister of Strategic Industries of Ukraine, summarized the results of his trip to the United States of America, where the Ukrainian delegation took part in the NATO Summit and held a number of bilateral meetings with American defense companies.
Odesa region one of leaders among cherry suppliers this year
This year, 10 thousand tons of sweet cherries were harvested in the Odesa region - the region was among the main suppliers in Ukraine.
Hydro power plants operating as scheduled despite heat wave – Ukrhydroenergo
Despite the hot temperatures, Ukrainian hydro power plants continue to operate as scheduled.
15 July 2024
UK, EU to strengthen inspections of Russia’s dark fleet of tankers - media
Britain plans to appeal to several European countries to take action against the so-called dark fleet of oil tankers used by Russia to evade international sanctions.
Ukraine may soon use up quotas for duty-free trade with EU in honey, corn, chicken - European Commission
Ukraine, against whose exports of sugar, eggs and oats to the EU, protective measures have already been introduced, in accordance with the updated Autonomous Trade Measures (ATM), is about to use up the limits of duty-free trade with the EU and other types of agricultural products, which means that soon Ukraine will reach the limit in duty-free trade with the EU in honey, corn, and chicken.
Caterpillar equipment being supplied to Russia in circumvention of sanctions - media
American-made Caterpillar heavy equipment is supplied to Russia by the official dealer - the UK-based company Vostochnaya Technica, despite Caterpillar’s withdrawal from Russia, and in evasion of U.S. and UK sanctions.
Russia increases domestic gas prices due loss of EU market - British intelligence
The Russian regime was forced to raise domestic gas prices due to the loss of exports to the European Union after the start of the war against Ukraine.
PM Shmyhal discusses Ukraine’s needs with World Bank delegation
Prime Minister Denys Shmyhal met with the World Bank delegation headed by Executive Director Eugene Rhuggenaath to discuss Ukraine's needs and cooperation priorities.