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26 November 2021
Minister of Energy of Ukraine German Galushchenko met with the leadership of the European Bank for Reconstruction and Development, during which he discussed the prospects for EBRD investments in the decarbonisation projects in Ukraine.
Once Nord Stream 2 is operational, Ukraine’s transit revenues could fall to $1.2 billion per year.
25 November 2021
Ukrainian Prime Minister Denys Shmyhal and representatives of the European Bank for Reconstruction and Development have discussed the creation of a quality stock market infrastructure in Ukraine, the strengthening of the banking sector and the implementation of energy efficiency projects, the Ukrainian government's press service has said.
The establishment of a national airline, the construction and reconstruction of airports and the revival of Ukrainian aircraft construction are major goals for the government in the coming years, Ukrainian President Volodymyr Zelensky has said.
Passenger traffic at Boryspil International Airport is expected to reach 9.5 million passengers in 2021.
Ukraine's accession to the Convention on a Common Transit Procedure and the NCTS system will open more than 35 countries for Ukrainian business.
The Cabinet of Ministers has launched the work of the Bureau of Economic Security.
The Ukrainian Infrastructure Ministry has signed a memorandum with Airbus on the intention to cooperate in establishing a national airline in Ukraine.
Some 1,135 loan agreements have been already signed for a total sum of UAH 987.06 million under the government program “Affordable Mortgage at 7%”, Ukrinform reports with reference to the Finance Ministry’s press service.
The Ministry of Infrastructure of Ukraine has proposed to reduce the VAT rate for domestic air transportation services from 20% to 7%.
Ukraine has transported more than three trillion cubic meters of gas to European countries over the past 30 years, which corresponds to almost annual consumption of natural gas by all the countries of the world.
Ukrainian President Volodymyr Zelensky has announced the establishment of a new state airline that will be called Ukrainian National Airlines (UNA).
Ukraine's Bureau for Economic Security will become operational by the end of December 2021.
The International Monetary Fund (IMF) has downgraded Ukraine's real GDP growth forecast by 0.3% in 2021 compared to its previous forecast released in October, according to a report published by the Fund following the review under the Stand-By Arrangement for Ukraine, Ukrinform reports.
Prosecutor General of Ukraine Iryna Venediktova and representatives of the World Bank have discussed the cooperation in the field of returning assets illegally withdrawn from Ukraine and the fight against corruption.
The Government of Ukraine has committed to implementing 12 major “structural benchmarks” to receive IMF funding within the current Stand-By Arrangement, which the Fund extended until June 2022.
24 November 2021
Ukraine has received the second tranche from the International Monetary Fund under the Stand-By Arrangement in the amount of SDR 500 million (equivalent to $699 million).
The Cabinet of Ministers has approved a draft loan agreement (EUR 25.5 million) and a grant (EUR 1 million) between the Government of Ukraine and the German state-owned development bank KfW (Kreditanstalt für Wiederaufbau) for the implementation of energy efficiency measures.
International investors are ready to pour money into the sustainable business but the market for "green" financing in Ukraine is still being formed.
During the COP26 UN Climate Change Conference in Glasgow, Ukraine supported a number of international initiatives, which will help implement the second Nationally Determined Contribution (NDC2).
Next year the Great Construction project will include a program on raising energy efficiency, Prime Minister Denys Shmyhal has said.
Verkhovna Rada Human Rights Commissioner Liudmyla Denisova has called on the international community to condemn a decree by Russian President Vladimir Putin to provide "humanitarian support" to the population of certain districts of Donetsk and Luhansk regions.
The Ministry of Infrastructure of Ukraine has submitted to the Cabinet of Ministers a draft resolution offering UAH 104 million in compensation for the evacuation flights performed during the period of the COVID-19 pandemic in 2020.
Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna discussed the expansion of EBRD's support for green transformation projects with a delegation of the European Bank for Reconstruction and Development.
Ukraine is in intensive contact with the EU in terms of assessing the country's regulatory and organizational readiness for an Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA) so Ukraine can move to practical talks with the EU on the parameters of the future agreement next year.
The Board of Directors of Ukraine’s State Concern Ukroboronprom has approved projects on two programs: import substitution and energy efficiency, Ukrinform reports referring to the concern’s press service.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has officially confirmed the imposition of sanctions against a Russian-linked company and its vessel due to their participation in the Nord Stream 2 gas pipeline project.
23 November 2021
Ukrainian farmers this year received UAH 36.7 billion worth of loans on favorable terms, with more than UAH 31 billion allocated to farmers under the program "Affordable Loans 5-7-9%."
The development of science, research infrastructure and support for young scientists is an important prerequisite for Ukraine's economic growth.
The U.S. Embassy in Ukraine has welcomed the agreement between the U.S. company Westinghouse and Ukraine’s National Nuclear Energy Generating Company Energoatom to complete the construction of two power units at the Khmelnytskyi Nuclear Power Plant.