Blocking of border with Poland: over 3,000 trucks in queues at checkpoints
More than 3,000 trucks are queuing up on the border of Ukraine and Poland.
Economy - Latest news
26 December 2023
Foreign companies freeze participation in major Russian LNG project - media
The foreign shareholders of the Russian Arctic LNG-2 project - France's TotalEnergies, China's CNPC and CNOOC, and a consortium of Japan's Mitsui and JOGMEC - have announced force majeure, or a freeze on participation in the project.
Ukraine harvests 78.7M t of new crops
As of the third week of December, Ukraine has harvested 78.7 million tons of this year's crop, including 57.86 million tons of grain and 20.76 million tons of oilseeds.
25 December 2023
At least three more crossing points needed on EU-Ukraine border – Zakarpattia regional chief
At least three more crossing points should be opened on Ukraine’s border with EU countries to minimize the economic losses caused by the border blockade.
President appoints Denys Kliushnykov as AMCU State Commissioner
Ukrainian President Volodymyr Zelensky has appointed Denys Kliushnykov as State Commissioner of the Antimonopoly Committee of Ukraine (AMCU).
Ukraine receives $1.34B under World Bank project
Ukraine has received USD 1.34 billion as the sixth additional financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project.
State Property Fund raises almost UAH 42.3M at privatization auctions in past week
In the past week, the State Property Fund of Ukraine held 13 successful privatization auctions, raising almost UAH 42.3 million to the budget.
Territorial communities to receive additional subsidy of UAH 1.3B
The Cabinet of Ministers has allocated an additional UAH 1.3 billion of subsidy to territorial communities.
24 December 2023
Ukraine’s defense production strategy: Government exploring funding options
To successfully implement the strategy of defense production, Ukraine is looking for financing solutions and involves Western partners.
Movement of trucks at Medyka-Shehyni checkpoint fully resumed - border guards
Polish farmers completed the traffic blockade for trucks near the Medyka-Shehyni checkpoint on the border with Ukraine.
Umerov: Defense Ministry “squeezing out” people preaching politicized procurement practices
The Ministry of Defense is getting rid of staffers with “old” practices while launching separate agencies for procuring lethal and non-lethal material.
Polish carriers not to suspend Ukraine border blockade for Christmas holidays
Polish carriers blocking three checkpoints on the Polish-Ukrainian border will not suspend the blockade for the upcoming holidays.
Zaporizhzhia City Council allocates UAH 200M for defense
The Zaporizhzhia City Council approved the city budget for 2024, with UAH 200 million for the defense program.
23 December 2023
Polish farmers suspending Ukrainian border blockade in Medyka until early Jan
From Sunday, December 24, Polish farmers are suspending the traffic blockade for trucks near the "Medyka-Sheghini" checkpoint until January 2-3.
Over 4,000 vehicles queued up at Poland-Ukraine border
At the border checkpoints on the Polish-Ukrainian border, more than 4,000 vehicles remain in lines waiting to cross.
Gov't to allocate about ₴40B to support Ukrainian producers - Shmyhal
Next year, the Cabinet of Ministers of Ukraine will allocate about UAH 40 billion for programs to support economic activity, investment and Ukrainian producers.
Construction of another industrial park of 150K m² starts in Lviv
The construction of the Formatsia Lviv industrial park has started in the Sygnivka industrial zone.
NACP expects influx of declarations with corruption risks in late Jan
The National Agency for Corruption Prevention (NACP) records a tendency that declarations with corruption risks are the last to be submitted.
22 December 2023
Ukraine, Poland agree on action plan to unblock border
The Ministry of Communities, Territories and Infrastructure Development of Ukraine and the Ministry of Infrastructure of Poland have agreed on an action plan to unblock the border.
PM Shmyhal: Total investment in Danube ports’ infrastructure about $100M
Twenty-three new cargo transshipment terminals have been opened at the Danube ports at the expense of private investment.
Agriculture ministers of Ukraine, Poland hold online conversation
Ukrainian Agrarian Policy and Food Minister Mykola Solskyi has held an online conversation with the newly appointed Minister of Agriculture and Rural Development of the Republic of Poland, Czesław Adam Siekierski.
Three new industrial parks registered in Ukraine
Three parks have been added to the register of industrial parks in Ukraine - two in Khmelnytskyi region and one in Lviv region.
Ambassador Bodnar: Ukraine, together with partners, continues Grain from Ukraine
Ukraine, together with the UN Food Program and partner countries, continues to implement the Grain from Ukraine initiative, which is expected to deliver another 60 ships with food to countries in need, particularly in Africa.
Major repair of bridge on M-21 highway started in Zhytomyr region
In Chernyakhiv, in the Zhytomyr region, major repair of the bridge over the pond on the M-21 highway has begun.
U.S. sanctions halt gas supplies from Russian LNG project - Bloomberg
The start of deliveries from Russia's new Arctic LNG 2 project will be postponed as the company has declared force majeure on supplies due to U.S. sanctions.
Finland proposes to allocate €80B from ESM to Ukraine
Finland has proposed to allocate €80 billion from the European Stability Mechanism (ESM) to Ukraine.
NASA finds out how much crops Moscow steals from Ukraine
According to NASA analysts, about 6.4 million tons of wheat and almost 1.5 million tons of sunflower seeds were harvested this year in the territories of Ukraine temporarily occupied by Russian troops.
About 3,900 trucks in queues at border with Poland
As of the morning of December 22, about 3,900 trucks are waiting in lines at the border with Poland to enter Ukraine, 1,700 of them at the Yahodyn checkpoint.
Russians prevent IAEA experts from accessing reactor rooftops at Zaporizhzhia NPP
Russian occupation authorities continue to prevent the International Atomic Energy Agency (IAEA) experts from having full access to the territory of Zaporizhzhia Nuclear Power Plant (ZNPP).
Mykolaiv Alumina Plant cannot be restarted at present, but there is recovery plan - Kim
The state has a plan for the future of the Mykolaiv Alumina Plant (MAP), which belonged to Russian oligarch Oleg Deripaska.