Shmyhal, Pritzker discuss strengthening Ukrainian economy
Prime Minister Denys Shmyhal met with U.S. Special Representative for Ukraine's Economic Recovery Penny Pritzker and American businesspeople.
Economy - Latest news
12 January 2024
Over 1,800 trucks queuing at checkpoints on border with Poland
There are about a thousand cars in line at Medyka-Shehyni, which is more than at the other three checkpoints - Yahodyn, Rava-Ruska and Krakivets.
Ukraine will increase electricity imports if there is shortage in grid
Electricity imports will allow large industrial enterprises to guarantee uninterrupted operation in the event of the introduction of schedules of electricity consumer restrictions due to a shortage of current in the power system.
Ukraine's GDP grows by about 5% in 2023 - Svyrydenko
According to preliminary estimates of the Ministry of Economy, the volume of gross domestic product increased by about 5% last year.
Ukraine, Moldova launch joint control at railway checkpoint
Representatives of the customs and border administrations of Ukraine and Moldova have signed an act on the readiness of a checkpoint for the Kuchurhan-Novosavytske rail link for the implementation of joint control.
Kazakhstan says no supplies of sanctioned goods to Russia observed in six months
The Minister of Trade and Integration of Kazakhstan, Arman Shakkaliev, assured that not a single case of sanctioned dual-purpose goods being sent by Kazakh companies to Russia was exposed in six months.
Ukrposhta gets UAH 11.9B in revenues in 2023
Ukrposhta JSC, Ukraine’s national postal operator, received UAH 11.9 billion in revenues in 2023, which is 19% more than in 2022.
Ukrhydroenergo prepares lawsuits against Russia for damages
Ukrhydroenergo is preparing lawsuits against Russia to bring the aggressor to justice for the damage caused.
11 January 2024
IMF comments on potential seizure of frozen Russian assets
The International Monetary Fund (IMF) believes that any decisions related to the seizure of Russian assets should be taken by the relevant country authorities. Meanwhile, the agency is following the ongoing discussions to assess the potential impact of such decisions on the international monetary system.
Galushchenko: Russians live under illusion of controlling situation at ZNPP
Russians have seized the Zaporizhzhia nuclear power plant and are living under the illusion of controlling the situation there.
Threat of Russian strikes on Ukrainian energy facilities persists - minister
Ukraine's energy industry suffers from Russian attacks every day while the threat of massive strikes targeting precisely energy facilities remains in place.
Trucks stand in lines at Polish-Ukrainian border for up to four days
The waiting time for trucks to cross the Polish-Ukrainian border lasts an average of two to four days.
Escorting ships through grain corridor possible after political decision - Neizhpapa
The issue of escorting merchant ships moving through the grain corridor by warships is still under discussion. As soon as a political decision is made, it will be implemented.
Inflation in 2023 amounted to 5.1% - state statistics
Consumer prices in Ukraine in December 2023 increased by 0.7% compared to November 2023, and by 5.1% since the beginning of the year.
Russia may use Transnistria to block grain corridor from Ukraine - ISW
The Kremlin may resume its efforts to use Transnistria to create instability in Moldova to undermine Ukrainian grain exports along the western Black Sea coast.
Poland continues to block border at three checkpoints, about 2,000 trucks in queues
There are 1,900 trucks in queues on the border of Ukraine and Poland, and the directions of three checkpoints are being blocked.
Galushchenko, UK ambassador discuss nuclear energy cooperation
Ukraine’s Minister of Energy German Galushchenko and Ambassador Extraordinary and Plenipotentiary of the United Kingdom to Ukraine Martin Harris have discussed further cooperation between the countries in the energy sector, in particular nuclear energy cooperation.
Lviv IT company to develop technologies for construction on the Moon
As part of a NASA project, Lviv-based IT company SoftServe, together with its American colleagues, will develop technologies for the construction of landing sites on the Moon.
10 January 2024
StratCom explainer: Global food security remains Ukraine’s unwavering priority
Ukraine remains committed to its international obligations and continues to ensure the uninterrupted supply of food products to the most vulnerable countries despite Russia’s withdrawal from the grain deal and attacks on Ukraine’s port infrastructure.
New financial support program for Ukraine: EU approves ‘partial negotiating mandate'
The EU Permanent Representatives Committee at ambassadorial level today agreed on a partial negotiating mandate on a proposal to establish a separate financial instrument to support Ukraine’s recovery and its efforts to implement reforms on its path to the EU.
Poland opposes extension of EU trade preferences for Ukraine - media
The Polish government opposes the extension of duty-free preferences for Ukraine in the free trade agreement with Ukraine for 2024-2025, which the European Commission is to extend for another year by its June 5 decision.
NACP adds Subway to list of war sponsors
The National Agency for Corruption Prevention (NACP) has added the American multinational fast food restaurant franchise Subway to the list of international sponsors of Russia’s war.
Verkhovna Rada supports draft law on lobbying
The Verkhovna Rada has supported the draft law on fair lobbying in the first reading.
Parliament appoints Pishchanska Head of Accounting Chamber
The Verkhovna Rada has appointed Olha Pishchanska as the head of the Accounting Chamber.
Secondary Russia sanctions ensure against evasion - expert
There is currently no alternative to secondary sanctions against those who help Russia avoid existing restrictions.
Ukraine's GDP to grow by 3.2% in 2024 - World Bank
The Ukrainian economy is expected to grow by 3.2% in 2024 and by 6.5% in 2025.
Expert: We must be prepared that Poland will no longer be the largest transit route
Volodymyr Balin, Vice President of the Association of International Road Carriers (AsMAP), believes that Poland may cease to be the largest transit route for Ukrainian trucks to other EU countries.
AsMAP offers European colleagues alternative to returning cargo transportation permits - Balin
The Association of International Road Hauliers (AsMAP) is holding talks with European road hauliers and offering them an alternative solution to the return of freight transportation permits for Ukrainians.
Cargo turnover through Danube ports increases to 29M t
In 2023, cargo turnover through the Danube ports increased to 29 million tons, which is almost six times more than before the war.
09 January 2024
U.S., Ukraine coordinate steps to strengthen Ukraine’s economy development
On Tuesday, representatives of the governments of the United States and Ukraine held an online discussion of further steps to create an additional impetus for the development of Ukraine’s economy, including strategic industries and the business sector.