Zelensky: Ukraine working on export of digital solutions to Latin America, Africa
Ukraine is working on exporting digital solutions not only to Europe but also to Latin American and African countries.
Economy
02 June 2023
Shmyhal: Estonia was the first to start practical reconstruction projects in Ukraine
Prime Minister of Ukraine Denys Shmyhal met with President of Estonia Alar Karis in Kyiv.
Shmyhal thanks US for supporting Ukraine's economy during war
Prime Minister of Ukraine Denys Shmyhal thanked U.S. President Joseph Biden and U.S. Secretary of Commerce Gina Raimondo for the decision to extend the suspension of additional import tariffs on steel from Ukraine for another year.
Ukraine to receive EUR 50M from EU to rebuild critical infrastructure
Ukraine's State Agency for Reconstruction and Development of Infrastructure and the European Investment Bank, the bank of the European Union, have signed an EU grant agreement for over EUR 50 million to support critical infrastructure and build temporary bridges in the affected regions.
Marchenko, Atlantic Council representatives discuss Ukraine’s recovery
Ukrainian Minister of Finance Sergii Marchenko and representatives of the Atlantic Council think tank at a meeting on May 31 discussed the support of international partners and the need for the rapid recovery of Ukraine this year.
Ukrainian grain critically important for saving millions of children from hunger – Kyslytsya
For many years, the UN World Food Programme has been using Ukrainian grain to save the population of the most vulnerable countries, including millions of children, from hunger.
01 June 2023
European Commission working on four-year financing plan for Ukraine - FT
The European Commission is working on a four-year multi-billion financing plan for Ukraine.
Ukraine receives $19.8B in international aid this year
Ukraine has received $19.79 billion in financial aid from international partners this year.
At least 10 countries do not receive food due to blockade of Pivdennyi port - Ministry of Restoration
At least 10 countries are receiving less food due to Russian blockade of Ukraine's largest Black Sea port, Pivdennyi.
President: Over 1.5M t of agri-products accumulated in Pivdennyi port blocked by Russia
The effectiveness of international law on navigation is a globally important security factor.
Four grain ships loaded at Ukrainian sea ports over past week – UCAB
Between May 22, 2023 and May 28, 2023, four vessels were loaded at the Odesa region’s sea ports as part of the Black Sea Grain Initiative.
Ukrnafta pays almost UAH 1.2B in income tax in Q1 2023
PJSC Ukrnafta transferred UAH 1.187 billion of income tax to the state budget in the first quarter of 2023.
31 May 2023
Naftogaz debt restructuring on Eurobonds should be completed by late July - CEO
NJSC Naftogaz has reached agreements on ways to restructure Eurobonds maturing in 2022/2026. The process should be completed by the end of July 2023.
Ukraine plans to attract foreign investment in elevators construction on EU border
Draft law No. 8025 will help attract foreign investment in the development of land corridors for the export of Ukrainian agricultural products. This will help maintain global food security, particularly in the context of the grain corridor's unstable operation.
Hungary asks EU to extend restrictions on imports of agricultural products from Ukraine until 2024
State Secretary of the Ministry of Agriculture Zsolt Feldman stated that Hungary asked the European Union to extend restrictions on imports of Ukrainian grains and oilseeds for five Eastern European countries until at least the end of 2023.
Ukraine exports 45.29M t of grains, pulses
In the current marketing year (MY) (from July 1, 2022, to May 31, 2023), Ukraine exported 45.29 million tonnes of grains and legumes.
Over 6,000 auctions held via Prozorro.Sale since year-start
Since the start of 2023, 6,100 successful auctions have been held through the ProZorro.Sale auction system.
Ukraine, Japan exploring new areas of cooperation in agriculture
The Ministry of Agrarian Policy and Food is exploring opportunities for expanding cooperation in the agricultural sector with Japan, in particular by attracting support in demining territories and providing farmers with agricultural machinery.
30 May 2023
Kyiv stands against EU ban on Ukraine’s grain, calls for market solutions
The Ukrainian side considers as wrong the EU's decision to introduce a ban on the import of Ukrainian agricultural products to the five EU countries neighboring Ukraine and suggests looking for market solutions to the existing issue.
IMF upgrades forecast for Ukraine's GDP growth in 2023 to 1-3%
The IMF mission has confirmed expectations of a stronger economic recovery in Ukraine and upgraded the forecast for Ukraine's GDP growth to a range of 1-3% amid war-related uncertainty.
Ukraine is ready to become major regional hub for British BAE Systems - Zelensky
President Volodymyr Zelensky discussed with the management of the British company BAE Systems the possibility of localizing the production and repair of the company's products in Ukraine.
Ukraine, IMF reach staff-level agreement on 1st review of EFF program
International Monetary Fund (IMF) experts and the Ukrainian authorities have reached a staff-level agreement on an updated package of economic and financial policy measures for the first review of the four-year Extended Fund Facility (EFF) program.
Government launching compensation for destroyed housing - Shmyhal
The Cabinet of Ministers is launching the second stage of e-Recovery program - compensation for destroyed housing.
Sumy region needs help to restore homes, especially in border communities
The Sumy region needs humanitarian assistance to restore housing, especially in the border communities that are constantly under fire.
Chernyshov: Ukraine could become significant exporter of gas to EU by 2027
Oleksiy Chernyshov, CEO of Naftogaz of Ukraine, predicts that Ukraine will be able to increase gas production enough to become a significant exporter of gas to the European Union by 2027.
29 May 2023
Chernyshov: Ukraine will be able to get through next heating season without gas imports
Oleksiy Chernyshov, CEO of Naftogaz of Ukraine, believes that Ukraine will be able to get through the 2023-2024 heating season without importing gas.
Denmark increases financing of Ukraine fund by $2.6B – Zelensky
President of Ukraine Volodymyr Zelensky has thanked the Parliament and Government of Denmark for the decision to increase the financing of the special investment fund for Ukraine by $2.6 billion.
28 May 2023
Zelensky proposes imposing sanctions on Iran for 50 years
Ukrainian President Volodymyr Zelensky has tabled in the Verkhovna Rada a draft resolution approving the decision of the National Security and Defense Council (NSDC) on the introduction of sanctions against Iran.
Ambassador Korsunskyi: Japan preparing for Ukraine restoration conference
The Ukrainian and Japanese governments discuss holding the second round of an international Ukraine restoration conference in Japan.