UN prepares new proposals for "grain corridor" - MFA Türkiye
The UN has drafted a new package on the grain deal, taking into account Turkish suggestions, which can become the basis for the revival of the Black Sea Grain Initiative.
Economy
31 August 2023
Russia faces fuel shortage - media
Russia has faced a shortage of fuel needed for harvesting in some parts of the southern farmlands. The situation may worsen in the coming months.
Ukraine, Italy discuss need for external financing in 2024
Minister of Finance Sergii Marchenko of Ukraine and Minister of Economy and Finance Giancarlo Giorgetti of Italy held a phone call to discuss the financial needs of Ukraine’s state budget for the current and next year, the implementation of the 4-year Ukraine Facility program, and Italy’s participation in the reconstruction of Ukraine.
Ukraine expects Türkiye to snub Russia’s grain deal offer
The Ministry of Foreign Affairs of Ukraine issued a comment in connection with the latest reports on Russia’s attempts to regulate the export of grain in the Black Sea without resuming the export of Ukrainian grain from Ukrainian ports.
Ports of Danube cluster ship over 1.5M tons of agri-products over two weeks of August
During the first 15 days of August, the Danube ports in Odesa region shipped 1,750,000 tons of agricultural products.
SNRIU: Safety condition at ZNPP requires independent assessment
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) proposes to conduct an independent assessment of radiation and nuclear safety at the temporarily occupied Zaporizhzhia nuclear power plant (ZNPP).
30 August 2023
Ukraine received $4.3B through World Bank's project in 1st quarter
In the first quarter of 2023, international partners reimbursed priority expenditures of the Ukrainian budget in the amount of $4.3 billion within the framework of the World Bank’s project "Supporting public expenditures to ensure sustainable public administration in Ukraine" (PEACE in Ukraine).
US ports will help restore Ukraine's maritime infrastructure
SE "Ukrainian Sea Ports Authority" (USPA) signed a memorandum with the ports of South Louisiana and New Orleans (USA) on cooperation in the areas of technical planning, development, construction, administration, operation, and maintenance of port infrastructure.
Implementation of the IMF's Benchmarks: What are the risks of delaying reforms
How does Ukraine fulfill its commitments to the IMF, and what are the risks of delaying the promised reforms?
Prices in Ukraine “more or less stable” despite war - economist
Mykhailo Nepran, the first vice-president of the Chamber of Commerce and Industry of Ukraine, a member of the Ukrainian Business Council, admitted possible price fluctuations due to market conditions while dismissing any reasons for price panic.
European Commission to submit proposals for using frozen Russian assets
The European Commission is ready to provide proposals on the use of frozen Russian assets in the interests of Ukraine.
Expert: Up to 30% of farmers in Ukraine may reduce winter crops this year
In Ukraine, in 2023, 20-30% of farmers may reduce the amount of winter crops or refuse to plant winter crops at all due to problems with agricultural exports.
Czech anti-terrorist center to check activities of Raiffeisenbank
The National Anti-Terrorist Center of the Czech Republic is investigating the activities of the Austrian Raiffeisenbank group in Russia.
29 August 2023
About 270,000 t of grain destroyed in Ukrainian ports due to Russian shelling - expert
About 270,000 tonnes of grain were destroyed in the Danube and Odesa seaports as a result of Russian shelling.
Government redistributes UAH 1.7B to reconstruction projects – PM Shmyhal
The Cabinet of Ministers has redistributed a subvention of UAH 1.7 billion to reconstruction projects in the regions.
South Korea to increase aid to Ukraine to almost $400M
South Korea will provide 520 billion won ($394 million) in financial assistance to Ukraine in 2024.
In 2022, Philip Morris, Japan Tobacco receive over $15B revenues in Russia - expert
In 2022, tobacco companies Philip Morris International and Japan Tobacco International received $7.9 billion and $7.4 billion in revenue from the sale of their products in Russia.
Slovakia refuses to supply nuclear fuel from Russia
Slovakia has signed an agreement with the Swiss branch of the American company Westinghouse to supply nuclear fuel for its nuclear power plants. The country is also looking for another source in France. This will allow Slovakia to get rid of its dependence on fuel from Russia.
28 August 2023
Kuleba calls on neighbors not to hold Ukrainian grain export hostage to domestic politics
Ukraine will fight to ensure that there are no restrictions on the export of its grain to the EU.
Damaged roofs of over 200 apartment blocks repaired in Mykolaiv
In Mykolaiv, damaged roofs of more than 200 multi-story buildings have been repaired.
Almost 14 bcm of gas pumped into underground storage facilities – Chernyshov
Ukraine has pumped almost 14 billion cubic meters of gas into its underground storage facilities.
Ukraine exports 4.2M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to August 28, 2023), Ukraine exported almost 4.2 million tonnes of grains and legumes.
Centerenergo plans to increase coal imports to stock up before winter
Centernergo PJSC intends to import coal for the autumn-winter period of 2023-2024.
27 August 2023
Second vessel reaches Romania’s waters after navigating through Black Sea corridor
The second vessel, which used to stay blocked in Ukraine due to Russian armed aggression, has successfully reached Romania’s territorial waters.
Minister Strilets: Amount of damage to environment increased fivefold in a year
Over the year, the amount of damage caused to Ukraine’s environment increased fivefold.
More than 100 health facilities destroyed by Russians already rebuilt in Kyiv region
More than 100 health facilities, which had been destroyed in Russian attacks, were rebuilt in the Kyiv region.
Türkiye sees alternative routes for grain exports from Ukraine as risky
The Turkish side considers any alternative ways to the Black Sea Grain Initiative as risky and, thus, Türkiye continues efforts in cooperation with all parties at all levels to resume the operation of the ‘grain corridor’.
26 August 2023
NBU sells $590.15M on interbank foreign exchange market
The National Bank of Ukraine (NBU) has sold USD 590.15 million on the interbank foreign exchange market over the past week.
Second vessel leaves Odesa Port after Russia’s grain deal exit
On the morning of August 26, 2023, the bulk carrier PRIMUS left the water area of Odesa Port, which is the second vessel to have departed from Ukraine’s Black Sea ports since Russia terminated the Grain Deal.