Ambassador of Ukraine: Grain agreement proves its viability, extension pending
The grain agreement, which will expire in less than 60 days, has proven its viability, and the issue of its extension is currently pending.
Economy - Latest news
24 January 2023
PM Shmyhal announces launch of financial ‘Ramstein format’
The G7 countries have created a platform to coordinate the financing of reconstruction works and reforms in Ukraine. The first meeting of the Secretariat is scheduled for this week.
NPPs cover 55% of Ukraine’s power consumption - Energoatom
About 55% of the total electricity consumption is covered by eight nuclear power plant units operating in the government-controlled territory.
Electricity generation up in Ukraine, while deficit remains significant - Ukrenergo
Electricity generation has increased in Ukraine but the capacity deficit is still significant.
IAEA’s permanent monitoring mission launches work at Khmelnytskyi NPP
A permanent monitoring mission of the International Atomic Energy Agency (IAEA) has started its work at the Khmelnytskyi Nuclear Power Plant in Ukraine.
Russian space intelligence collapses due to sanctions - GUR
The Russian space intelligence system has been widely affected by international sanctions as domestic production of key elements has stopped without foreign-made electronics.
23 January 2023
President's Office: Parts for energy equipment to restore power grid could be manufactured in Ukraine
Head of the President's Office Andriy Yermak held a regular meeting via video conference to discuss the supply of equipment needed to repair Ukraine's power grid.
Zelensky calls on American businesses to cooperate with Ukraine now
Ukrainian President e Volodymyr Zelensky has addressed the participants in a meeting of the National Association of State Chambers.
EU approves EUR 500M in military aid to Ukraine
The EU Foreign Affairs Council has reached a political agreement on another tranche of military aid to Ukraine worth EUR 500 million under the European Peace Facility.
Ukraine sends more than 194,000 tonnes of grain to Africa this year
Ukraine has already sent 194,400 tonnes of agricultural products to Africa, including 46,500 tonnes of wheat, since the beginning of this year.
Italy may drop Russian gas supplies by winter of 2024-2025
Italy could abandon its dependence on Russian gas imports by the winter of 2024-2025.
Ukrainian court seizes two planes, worth EUR 10M, owned by Russian company
The Ukrainian court seized two AN148 aircraft belonging to a Russian joint-stock company.
In January, number of “grain corridor” ships crossing Bosphorus daily hallves
In January 2023, an average of two to three vessels pass through the Bosphorus Strait under the "Grain Corridor" initiative per day, which is half as many as in September-October last year, when an average of six ships crossed the strait.
As power deficit in energy system increases, consumption caps breached in five regions
As of the morning of January 23, due to the decrease in temperature, electricity shortage in Ukraine's power system has increased, while consumption limits have already been exceeded in five regions.
22 January 2023
Grain Corridor: Business calls on UN, Turkey to increase ship inspections
The European Business Association has called on the UN and Turkey to contribute to increasing the number of inspections of vessels loaded with Ukrainian foodstuffs, as well as continuing the grain initiative.
Ukraine exports 2-3M tonnes of foodstuffs less every month
Since October, Ukrainian ports have been forced to work at less than half of their capacity, and every month Ukraine is not able to export 2-3 million tonnes of grain to the world market.
Bulk carrier with 30,000 t of wheat for Ethiopia leaves Chornomorsk Port
Another ship loaded with 30,000 tones of Ukrainian-produced wheat for Ethiopia has left the Odesa region’s Chornomorsk Port.
Ukrenergo sets new electricity consumption limits
Ukraine’s National Energy Company Ukrenergo has set new electricity consumption limits for Sunday, January 22.
21 January 2023
Zelensky: Guaranteeing food security and overcoming famine is real
Guaranteeing food security and overcoming famine is real, but the aggressors that disrupt the food market must be stopped.
President: Ukraine is responsible participant in global food market relations
Ukraine has always been and will always be a responsible participant in global food market relations.
Electricity generation down in Ukraine amid significant capacity deficit
In Ukraine, electricity generation decreased due to the emergency repair of one of the units at the thermal power plant.
20 January 2023
Prime Minister: Global giants interested in joining Ukraine restoration program
The Cabinet of Ministers of Ukraine is looking for ways to revive private sector investments in the domestic economy, and a number of global giants are already interested in participating in the implementation of the program of Ukraine’s transformation and reconstruction.
Switzerland supports seizing Russian frozen assets for Ukraine, while banks oppose idea
Swiss Foreign Minister Ignazio Cassis said that his country supports the idea of confiscating frozen Russian assets and using them to rebuild Ukraine.
Generation increased to better feed power grid - minister
Since the latest massive shelling of Ukraine’s energy facilities, power engineers have managed to add generation to the power system and increase power transmission capabilities.
Yermak: Forty-four countries have already joined Ukraine's grain initiatives
Forty-four countries have already joined the initiatives to supply food from Ukraine supported by the EU and the UN. Thanks to the grain program, 5 million people around the world who suffer from food shortages are provided with food.
US could soon start transferring part of Russia’s confiscated assets to Ukraine
In the coming months, the U.S. Department of Justice plans to begin transferring part of the confiscated assets of the Russian Federation to Ukraine through the State Department in accordance with the recently adopted law.
19 January 2023
United States providing $125M to help Ukraine restore energy system
The United States will allocate $125 million to procure electrical parts and other supplies needed for the restoration of Ukraine’s energy system.
18 January 2023
Grossi tells about creation of safety zone around ZNPP
There is progress in establishing a safety zone around the Zaporizhzhia Nuclear Power Plant.
Shmyhal, Grossi coordinate actions to guarantee safety at Ukraine’s nuclear facilities
Prime Minister of Ukraine Denys Shmyhal and IAEA Director General Rafael Mariano Grossi have coordinated actions to guarantee safety at all nuclear facilities in Ukraine.
Ukraine calls on IAEA to impose sanctions on Rosatom – PM Shmyhal
Ukraine has called on the International Atomic Energy Agency (IAEA) to impose sanctions on Russia’s Rosatom.