Ukrainian farmers harvest 2M tonnes of grains, legumes in Odesa region
Agrarians of the Odesa region have harvested 2 million tonnes of grain and leguminous crops to date.
Economy - Latest news
26 July 2022
Putin’s gas war on Europe direct continuation of war on Ukraine - Kuleba
An ongoing “gas war” waged by Russian President Vladimir Putin against Europe is nothing but a continuation of his war against Ukraine.
25 July 2022
EU allocates €1.59 B in aid to Ukraine through European Investment Bank
The Board of Directors of the European Investment Bank, with the support of the European Commission, approved additional financial assistance for Ukraine in the amount of EUR 1.59 billion to finance infrastructure and urgent needs.
Energy, trade, sanctions against Russia: PM Shmyhal meets with President of Guatemala
Prime Minister of Ukraine Denys Shmyhal met with President of the Republic of Guatemala Alejandro Giammattei. During the meeting, support for Ukraine and prospects for further trade and economic cooperation were discussed.
Ukraine pays off $1.5B in foreign debt since year-start
Since the beginning of 2022, Ukraine has paid off $1.5 billion in foreign debt.
Ukraine not to fully demine Odesa port’s water area amid "grain corridor" deal
The unblocking of the Odesa port for the export of Ukrainian grain and the opening of the so-called "grain corridor" for food exports despite the latest Russian shelling of port infrastructure do not involve the complete demining of the harbor water area. Pilots will navigate grain carriers out of the three designated ports through narrow fairways.
China suspends investment in Russia under One Belt One Road project - media
China's investments in Russia within the global infrastructure project "One Belt - One Road" dropped to zero in the first half of 2022.
Over 109,000 land transactions registered in Ukraine
As of July 23, 2022, a total of 109,990 transactions were signed in the Ukrainian land market.
24 July 2022
NBU sold $309M on interbank foreign exchange market over week
The National Bank of Ukraine (NBU) sold $309.2 million and bought $223.22 million on the interbank foreign exchange market over the past week.
23 July 2022
Ukraine’s infrastructure ministry deliberates on plan to export grains from three sea ports
The ports of Odesa, Chornomorsk, and Pivdenny are being prepared for the export of Ukrainian grain. The vessels will navigate to and from these ports in a caravan formation.
Agrarian Policy Ministry: Grain for shipment stored at Odesa port struck by Russians
Grain, prepared to be sent for export in the near future, is stored at the port of Odesa which was struck with Russian missiles on Saturday.
President Zelensky: We did not allow Russia to destroy Ukraine’s export potential
Russia did everything to destroy Ukraine’s export potential, but Ukraine did not allow it.
22 July 2022
Economy Ministry: Unblocking ports will bring Ukraine $1B in foreign currency revenues every month
The resumption of agricultural exports from Ukrainian ports will bring $1 billion in foreign currency revenue every month.
Agreement on ‘grain corridors’ signed on Ukraine’s terms – Kubrakov
The agreement on exports of grain and other foodstuffs from the Ukrainian ports was signed on the terms of our country.
'Grain corridors' for 120 days: details of agreements signed in Istanbul
The agreement on exports of Ukrainian grain and other foodstuffs from Ukrainian ports, signed in Istanbul on July 22, will be valid for 120 days.
Ukraine's exports in June amounted to $3.2B - Shmyhal
Ukraine's exports in June amounted to $3.2 billion, which was 20% more than in March.
Ukraine, Russia sign UN deal to export grain from Ukrainian ports
Ukraine and Russia have signed separate agreements with Turkey and the United Nations to export grain and other foodstuffs from Ukrainian ports.
EU announces allocation of another EUR 500M in military aid to Ukraine
The European Union officially approved the allocation of another tranche worth EUR 500 million for Ukraine to increase the resilience of the Armed Forces, which brought the total amount of military aid provided to the country since February 24 to EUR 2.5 billion.
Ukraine does not sign any documents with Russia in Istanbul - Podolyak
Ukraine does not sign any documents with Russia in Istanbul, Mykhailo Podolyak, an adviser to the head of the President's Office, has emphasized.
Grain exports: Ukrainian delegation arrives in Istanbul for talks
The Ukrainian delegation has arrived in Istanbul to hold talks about the unblocking of grain exports.
Ukrainian farmers already harvest 6.5M tonnes of grain
A total of 6.5 million tonnes of the new-harvest grain has already been threshed in Ukraine.
Food reserves created in Ukraine to immediately provide aid within liberated areas
Each regional administration, whose territories were temporarily seized by Russian troops, has created food reserves to provide local residents with food supplies as soon as such areas are liberated.
Over 800,000 t of grain transported to EU via Zakarpattia Customs Office
About 880 thousand tonnes of grain crops have been transported to the European Union via Zakarpattia Customs Office.
Ukraine urges Canada to maintain sanctions, Germany to block transfer of turbine for Nord Stream
The Gas Transmission System Operator of Ukraine (GTSOU) as part of the McFaul-Yermak expert group advocates maintaining sanctions against Russia and blocking the transfer of the Siemens turbine for Nord Stream 1.
Ukraine gets $12.7B from international partners since invasion
Ukraine has received $12.7 billion from international partners since its invasion by Russia in late February, with the largest amount received in June-July.
21 July 2022
Zelensky expects news from Turkey on Friday regarding unblocking Ukrainian ports
President Volodymyr Zelensky has said he expects news on Friday from Turkey regarding the unblocking of Ukrainian ports for grain exports.
Shmyhal inspects Izmail, Reni river ports
In Odesa, Prime Minister Denys Shmyhal inspected the ports of Izmail and Reni, through which Ukraine exports products to European Union.
EU introduces derogations from Russia sanctions
The European Union has published an EU Council Resolution specifying the procedure for applying sanctions against the Russian Federation for actions that undermine or threaten the territorial integrity, sovereignty, and independence of Ukraine.
Ukraine’s foreign exchange reserves to cut to $21B by year end – NBU
Ukraine’s foreign exchange reserves are expected to decrease to $21 billion by the end of 2022.
Ukraine's economy to contract by third in 2022 - NBU
The National Bank of Ukraine has predicted that Ukraine's economy will contract by a third in 2022.