Ukraine, despite war, threshes over 2M t of grain - Shmyhal
Despite Russia's full-scale military operations on the territory of Ukraine, the harvest continues in 22 regions. Over 2 million tonnes of grain have already been threshed.
Economy - Latest news
19 July 2023
Russia withdrew from grain deal to raise prices for its grain - Kuleba
Russia has withdrawn from the Black Sea Grain Initiative to provoke a rise in grain prices and sell as much of its own grain as possible at high prices, mixing it with stolen Ukrainian grain.
U.S. prepares sanctions against Kyrgyzstan for helping Russia - WP
The administration of U.S. President Joe Biden is preparing new economic restrictive measures against Kyrgyzstan to force the country to stop trading with Russia in sanctioned goods.
Croatia offers its ports for export of Ukrainian grain
Croatia is offering its railroad network and ports in the Adriatic Sea to transport Ukrainian grain via alternative routes in the wake of Russia's blocking of the Black Sea Grain Initiative.
Shmyhal, JICA president discuss launch of public-private partnership projects
Prime Minister of Ukraine Denys Shmyhal and President of the Japan International Cooperation Agency (JICA) Akihiko Tanaka discussed the reconstruction of Ukraine and the launch of public-private partnership.
SLB completely stops supplying to Russia
Leading oilfield services company SLB on Friday, July 14, announced that it was suspending the supply of products and technologies to Russia due to the expansion of international sanctions.
18 July 2023
United States to provide additional $250M in support of Ukraine’s agriculture sector
While paying a visit to Odesa Sea Port, United States Agency for International Development (USAID) Administrator Samantha Power announced that the United States would provide an additional $250 million in support of Ukraine’s agricultural sector.
Minister Marchenko meets with World Bank Vice President
Financial support from the World Bank allows Ukraine to maintain macro-financial stability and ensure priority state budget expenditures.
Shmyhal: Ukraine exported more than 33M tonnes of grain to 45 countries over year of grain deal
Over almost a year of the grain deal operation, Ukraine exported more than 33 million tonnes of grain to 45 countries.
NACP adds DP World to list of int'l war sponsors
The port operator Dubai Port World has been included in the list of international sponsors of Russia's war because of its cooperation with Russia.
Essity leaves Russian market
Essity, a hygiene products company, has completed the sale of its assets in Russia.
Government approves Kakhovka HPP reconstruction project
The Cabinet of Ministers has approved a resolution on an experimental project to begin the reconstruction of the Kakhovka HPP, which was blown up by the Russians.
Grain corridor functioning without Russia possible with political will - Kuleba
The UN, Türkiye, and Ukraine have enough resources to ensure the functioning of the Black Sea Grain Corridor if there is political will.
Russia withdraws security guarantees for grain corridor by leaving agreement - UN spox
The UN Secretary-General's spokesperson, Stéphane Dujarric, emphasized that Russia has not only suspended its participation in the Black Sea Grain Agreement but also withdrawn its security guarantees for the grain corridor.
Coordination Council to discuss grain corridor without Russia
This week, the Coordination Council for Agricultural Logistics will discuss with market operators the possibility of continuing grain exports by sea after Russia's withdrawal from the grain deal.
Sea export of grain, port security: Zelensky holds meeting of Supreme Commander-in-Chief Staff
The sea export of grain and port security were discussed at a meeting of the Supreme Commander-in-Chief Staff on Tuesday, Ukrainian President Volodymyr Zelensky has said.
Russia's rejection of grain deal creates big problems around the world - Borrell
By announcing its withdrawal from the Black Sea Grain Agreement, Russia is creating major problems for many nations around the world and is trying to turn people's hunger into a weapon.
‘Termination’ or ‘suspension’: Russia avoids clarity on grain deal – Kuleba
Russia avoids clarity on its participation in the grain deal: in some cases, it says it has terminated it; in others, that it has suspended it.
Hyundai will help restore Boryspil Airport after war ends
The South Korean company Hyundai Engineering & Construction will help to restore the Boryspil International Airport after the Russian-Ukrainian war ends.
About 66.4% of Ukrainian pensioners receive pensions up to UAH 5,000 - PFU
As of July 1, the average pension payment in Ukraine is UAH 5,311.44 (≈USD 142.39). But 66.4% of pensioners receive payments not exceeding UAH 5,000.
Austria too slow to give up Russian gas - Green Party spokeswoman
Austria is too slow to refuse from Russian gas and contributes to Russian military budget by paying for gas.
17 July 2023
Russia blocking grain export deal to put pressure on global agricultural market - Zelensky
Russia is blocking the work of the Black Sea Grain Initiative in order to put pressure on the global agricultural market.
Austria urges Russia to extend grain deal
The Austrian Foreign Ministry has urged Russia to agree to continue the Black Sea Grain Initiative without using food as a weapon.
Berlin urges Kremlin to extend grain deal
The German side calls on the Russian leadership to reconsider its decision to withdraw from the grain deal.
Netherlands disappointed that Russia blocks extension of grain deal
Minister of Foreign Affairs of the Kingdom of the Netherlands Wopke Hoekstra expressed disappointment with the fact that Russia obstructs the extension of the grain deal.
European Commission President condemns termination of grain agreement
European Commission President Ursula von der Leyen condemned Russia's termination of the grain agreement.
Ukraine imports electricity from Poland through updated line
For the first time, Ukraine imported electricity from Poland via an interstate power line, which Ukrenergo modernized and switched on in May 2023.
Russia announces termination of grain deal (updated)
On Monday, the Russian side sent its objections to the extension of the grain deal to Türkiye, Ukraine, and the UN and de facto suspended it.
Moscow has no lines it cannot cross, after Kakhovka, Russians may attack ZNPP next - Galushchenko
Ukrainian Energy Minister German Galushchenko believes that Russia has no lines it cannot cross. After the Kakhovka hydroelectric power plant (HPP) dam, the next Russian terrorist attack could be on Zaporizhzhia NPP.
16 July 2023
Ukrzaliznytsia is in talks on expanding cooperation with Republic of Korea
JSC Ukrzaliznytsia (Ukrainian Railways) relies on further fruitful intergovernmental cooperation with the Republic of Korea, which will benefit hundreds of thousands of Ukrainian passengers.