Ukraine’s war-related losses hit $1T since 2014 – Mudra
The total amount of damages suffered by Ukraine since Russian armed aggression started in 2014 may reach USD 1 trillion.
Economy
28 March 2025
IMF Board approves Seventh Review of Ukraine's program
The International Monetary Fund (IMF) management has approved the allocation of 400 million USD to Ukraine.
Zelensky: Ukraine receives revised subsoil agreement from U.S. with updated format
Ukraine has received a version of the new Minerals Agreement from the United States. Lawyers will review the minerals agreement received from the United States. The format of the agreement has been changed.
NBU Governor comments on possible transition from Ukrainian kopiika to shah
The National Bank of Ukraine (NBU) will start preparations and discussions on the design of ‘shah’ coins after Parliament endorses a corresponding draft bill.
Parliament endorses law on European requirements for Ukrainian transport companies
The Verkhovna Rada of Ukraine has endorsed as a whole draft bill No. 4560, allowing for the Ukrainian road transport services market to be adapted to EU standards.
27 March 2025
Trump administration seeks to control Ukraine investment, squeezing out Europe – Bloomberg
U.S. President Donald Trump's administration is demanding the "right of first offer" on investments in all infrastructure and natural resources projects under a revised partnership deal with Ukraine.
ARMA signs 10 asset management agreements in 2024
Last year the Ukrainian Asset Recovery and Management Agency (ARMA) signed 10 agreements with winning bidders on the management of seized assets. Another 14 agreements were signed beyond competition at the request of the Cabinet of Ministers of Ukraine.
U.S. Treasury Secretary suggests Washington, Kyiv may sign minerals deal next week
U.S. Treasury Secretary Scott Bessent indicated that Ukraine and the U.S. may sign an economic partnership agreement on minerals extraction next week.
Ukraine, EU strengthen control over financial assistance under Ukraine Facility
The Ukrainian Finance Ministry and the Ukraine Facility Audit Board have signed a memorandum to strengthen control over the effective use of financial assistance provided by the European Union.
Ukraine to endorse new Customs Code in compliance with EU standards in 2026
The draft new Customs Code of Ukraine based on EU regulations will be finished by the end of April 2025, and its final approval by the Verkhovna Rada of Ukraine has been scheduled for January 2026.
26 March 2025
Norway hands over equipment to Ukraine to increase energy system's capacity by 200 MW
Norway, through the UNDP, has handed over critically important energy equipment to Ukraine, which will add 200 megawatts of energy to the energy system, providing backup power to approximately 1.5 million consumers.
Norway allocates USD 95M for gas imports to Ukraine
The Norwegian government is providing an additional 1 billion Norwegian kroner ($95 million) to finance gas imports to Ukraine. This funding aims to ensure stable energy supplies for the population, businesses, and industry.
EBRD approves EUR 270M loan for gas purchase
On March 26, the European Bank for Reconstruction and Development approved a loan for NJSC Naftogaz of Ukraine in the amount of up to EUR 270 million for the purchase of gas for the next two heating seasons.
Lubinets and IAEA Director General discuss security and humanitarian situation at ZNPP
The Verkhovna Rada Commissioner for Human Rights Dmytro Lubinets and IAEA Director General Rafael Grossi discussed the security and humanitarian situation at the ZNPP.
Finance ministry reveals Ukraine's expenditures on security, defense sector over two months
In January-February 2025, a total of UAH 336.6 billion was directed from Ukraine’s state budget general fund to finance the security and defense sector.
Parliament supports creation of postal bank in Ukraine
The Verkhovna Rada of Ukraine has endorsed in the first reading draft bill No. 13018-d, creating a new type of bank in Ukraine, i.e. a financial inclusion bank.
25 March 2025
Galushchenko talks Ukraine's energy security with British Ambassador
Energy Minister German Galushchenko discussed with British Ambassador to Ukraine Martin Harris areas of cooperation to strengthen the protection of Ukrainian energy facilities.
U.S. to help Russia restore access to global grain and fertilizer markets – White House
The United States has pledged to help Russia regain access to the global market for agricultural products and fertilizers.
Denmark slating EUR 130M in guarantees for investments in Ukrainian defense industry - Vice PM
Denmark will provide EUR 130 million in state guarantees for its companies that would be ready to invest in the Ukrainian defense industrial complex.
24 March 2025
Gazprom’s forex reserves down by over 98% on year – Ukraine officials
Foreign exchange reserves of Russia’s energy giant Gazprom HQ plunged in 2024 by a staggering 98.5% against the previous year.
Institute of Bast Crops expects industrial hemp plantations to expand in Ukraine
In 2025, Ukraine’s industrial hemp plantations may expand to 4.5 thousand hectares.
22 March 2025
Netherlands pledges EUR 65M to Ukraine Energy Support Fund
The Dutch government has committed EUR 65 million to the Ukraine Energy Support Fund to assist in critical infrastructure repairs and preparation for the upcoming heating season.
Farmers sow a third of early spring grains and legumes in Vinnytsia region
Farmers in the Vinnytsia region have sown a third of the area allocated for early spring grains and legumes.
Ukraine and Poland set to expand agricultural trade
Poland has a strong demand for organic products, protein feed, rapeseed, and soybean meal, creating opportunities for Ukrainian agricultural producers to expand supplies.
21 March 2025
NABU: Ukraine risks losing UAH 1.6B due to Naftogaz inaction
The Specialized Anti-Corruption Prosecutor’s Office (SAPO) and the National Anti-Corruption Bureau of Ukraine (NABU) have urged the acting head of Naftogaz to take a responsible approach to prevent the loss of UAH 1.6 billion that could be recovered from abroad.
Ukrainian PM, Czech president discuss defense cooperation
Ukrainian Prime Minister Denys Shmyhal and Czech President Petr Pavel, who is on an official visit to Kyiv, have discussed economic cooperation and defense-industrial collaboration.
U.S. willing to lead Ukraine nuclear plant – energy secretary
The United States is ready to take over the management of a nuclear power plant in Ukraine if the political decision is made to do so.
Trump confirms intention to sign minerals deal with Ukraine
On Thursday, US President Donald Trump confirmed his intention to conclude an agreement with Ukraine on the joint development of rare earth minerals.
Ukraine imports seeds mostly from EU and USA in 2024
In 2024, Ukraine’s seed imports were primarily sourced from the European Union, with hybrid corn comprising the largest share and rapeseed purchases showing notable growth.