Rise of Russian export into EU must be studied - Ukraine’s PM
Prime Minister Denys Shmyhal finds it important to study the question of why the export of Russian goods to the EU has been on the rise after the full-scale invasion.
Economy - Latest news
04 March 2024
Ukraine’s loss from border blockade yet to be announced but Poland “losing more” - PM
The Ukrainian side will later announce the amount of damage caused by the blockade of the Polish-Ukrainian border, but Poland is losing more than Ukraine.
IAEA chief to discuss with Putin latter’s plans for seized nuclear plant in Ukraine
Director General of the International Atomic Energy Agency Rafael Grossi will visit Moscow on Tuesday to meet with Russian President Vladimir Putin, including to discuss the president’s vision on further operation of the Zaporizhzhia nuclear power plant and ways to ensure nuclear safety at the facility.
Belgium ready to use part of profit from frozen Russian assets to cover Ukraine’s defense needs - PM Shmyhal
Belgium is ready to allocate part of the EUR 1.7 billion profit derived from frozen Russian assets for covering Ukraine’s defense needs.
Ukraine's government predicts GDP growth of 5% in 2024
Ukraine's gross domestic product in 2023 grew by 5.6%, and the Cabinet of Ministers expects 5% GDP growth in 2024.
Ukraine expects $900M tranche from IMF in second half of March - Shmyhal
Ukraine can receive a $900 million tranche from the International Monetary Fund in the second half of March.
Gambling business pays UAH 2.2B in taxes to state budget in Jan-Feb 2024
In January-February 2024, the gambling business in Ukraine paid 370% more taxes to the budget than in the same period last year.
03 March 2024
Situation on Polish border has gone beyond economics and morality long ago - Zelensky
The situation on Ukraine's border with Poland, where the traffic of trucks has been blocked, has gone beyond economics and morality long ago.
Ukraine will continue to develop Grain from Ukraine program - Zelensky
Ukraine will continue to develop the Grain from Ukraine humanitarian program.
02 March 2024
State Property Fund attracts almost UAH 220M from privatization this week
Between February 26 and March 1, 2024, the State Property Fund of Ukraine held 18 privatization auctions, which will raise UAH 219.6 million to the budget.
European Parliament to consider free trade agreement with Ukraine next week - Vysotskyi
A European Parliament committee will consider the agreement on a free trade area with Ukraine next week.
Free trade agreement with Ukraine passes another stage of ratification in Canada
A Canadian Senate committee has approved a bill on the ratification of the updated Free Trade Agreement between Canada and Ukraine.
Ukraine’s exports via maritime corridor hit record high of 8M tonnes in Feb 2024
In February 2024, Ukraine shipped 8 million tonnes of goods via its maritime corridor, including 5.2 million tonnes of domestically produced agricultural products.
London Stock Exchange to help Ukraine strengthen capacity of Investment Promotion Agency
As part of the recently signed memorandum, London Stock Exchange and TheCityUK will help Ukraine build the capacity of the Investment Promotion Agency.
GTSOU paid UAH 5.4B in dividends to state budget
Gas Transmission System Operator of Ukraine LLC (GTSOU) has paid UAH 5.4 billion as the first part of the dividend amount to the state budget for the past year.
01 March 2024
War risk insurance: Unity program extended to non-military cargoes
From now on, the Unity insurance program will cover not only sea transportation of grain and other important food products, but also ships carrying any non-military cargoes.
Polish farmers put Shehyni border checkpoint on Ukraine border on full shutdown for cargoes
Polish farmers involved in the ongoing protest rally have put to a halt all cargo traffic at the Shehyni checkpoint on the Ukrainian border.
Russian assets no substitute for U.S. aid to Ukraine – U.S. Treasury
U.S. Treasury Secretary Janet Yellen has said that any plan to confiscate frozen Russian assets to aid Ukraine cannot be seen as a substitute for urgently needed aid to the country.
Japan imposes new sanctions on 12 individuals, 36 entities linked to Russia
Japan has endorsed the introduction of new sanctions against 12 individuals and 36 entities connected with Russia in relation to Russian armed aggression against Ukraine.
Zara preparing to reopen stores in Ukraine - Reuters
Spanish retail giant Zara is preparing to reopen the stores in Ukraine that it shut soon after Russia's full-scale invasion of the country.
G20 finance chiefs fail to reach joint statement amid disagreements over war in Ukraine
A meeting of finance ministers and central bank chiefs from the Group of Twenty (G20) countries in Brazil ended without a joint statement due to disagreements over Russia's war in Ukraine and the Hamas-Israel conflict.
Environmental protection ministry expects to spend EUR 4B on waste treatment projects
The Ukrainian Environmental Protection and Natural Resources Ministry has selected more than 200 promising waste treatment projects across Ukraine. The estimated cost of such projects is about EUR 4 billion.
29 February 2024
Tusk does not rule out an embargo on agricultural products from Russia
Poland will study Latvia's experience in imposing an embargo on imports of agricultural products from Russia and may soon take similar steps.
Border blockade, confiscation of Russian assets: Stefanchuk meets with Marshal of Polish Senate
Chairman of the Verkhovna Rada of Ukraine Ruslan Stefanchuk and Marshal of the Senate of the Republic of Poland Małgorzata Kidawa-Błonska discussed the export of Ukrainian agricultural products and the blocking of checkpoints by Polish farmers.
About 2,200 trucks are queuing at border with Poland
About 2,200 trucks are waiting in line at six checkpoints on the border with Poland.
EU Council approves EUR 50B Ukraine Facility - Finance Ministry
On February 28, the Council of the European Union approved the launch of the EUR 50 billion Ukraine Facility for 2024-2027.
British experts expose over 200 firms Russia uses to evade sanctions
Hundreds of Western and Russian companies are involved in the Kremlin's illegal schemes to dodge sanctions and ensure the covert supply to Russia of electronic components required for the production of weapons.
Japan sending equipment to Ukraine to operate reclamation systems
As part of grant assistance, with the support of the Ukrainian Agrarian Policy and Food Ministry, the Japan International Cooperation Agency (JICA) has started the supply of modern equipment required for the operation of reclamation systems.
28 February 2024
Russia engages intelligence operatives to create sanctions evasion networks - RUSI
Russia is expanding its procurement networks to evade sanctions imposed on the imports of electronics and other products in order to manufacture weapons and fuel the war in Ukraine, to this end actively using intelligence officers stationed abroad, as well as bribing foreign nationals.
Poland ready to shut border for Ukrainian agriproducts as temporary measure - Tusk
The cap on the import of agricultural products from Ukraine to Poland, proposed by Brussels and Kyiv, are "unacceptable" for Warsaw so Poland is eyeing the possibility of temporarily closing the border for Ukrainian products.