Three ships laden with agricultural products, iron ore leave Ukrainian ports
Three ships laden with agricultural products and iron ore left the ports of Chornomorsk and Pivdennyi.
Economy - Latest news
01 October 2023
South Korea, USAID to deliver $5M in fertilizer to support Ukraine’s agriculture
The Republic of Korea and the United States Agency for International Development (USAID) have announced their partnership to deliver $5 million in fertilizer to support Ukraine’s agricultural sector.
30 September 2023
Azerbaijan will help repair polyclinic in Irpin
The company Socar will help reconstruct a polyclinic in Irpin, Kyiv region, with the assistance of the government of Azerbaijan. Azerbaijani partners are allocating UAH 60 million for repairs.
UN to provide Ukrainians with $123M to survive winter
The Office of the United Nations High Commissioner for Refugees (UNHCR) will allocate $123 million for targeted assistance to war-affected people in Ukraine in the winter period.
Industrial cooperation with Ukraine much stronger than politics – Slovak defense minister
Slovak Defense Minister Martin Sklenar has said that industrial cooperation with Ukraine will continue, because the ties between the two countries are much stronger than politics.
FM Kuleba comments on results of DFNC1: Numbers exceed all expectations
The First Defense Industries Forum (DFNC1) has opened a new era in the development of Ukraine’s defense industry, and the numbers achieved have exceeded all expectations.
Baykar investing $100M in Ukraine
Turkey's Baykar, the manufacturer of Bayraktar TB2 unmanned combat aerial vehicles, is investing $100 million in three projects in Ukraine, among them the construction of a drone production plant that will be completed in one-and-a-half years.
Ukraine will become new military production center in Europe - Shmyhal
Ukrainian Prime Minister Denys Shmyhal has said he is convinced that in the future, Ukraine will become a new center for the production of high-quality military products in Europe.
United States monitors efficacy of price cap on Russian oil – White House
The United States is watching Russia’s oil exports and keeps discussing the price cap issue with European allies and partners to ensure that the restrictions are not violated.
Ukraine harvests 41.7M t of grains, oilseeds - agrarian ministry
As of the end of September, Ukrainian farmers harvested 41.7 million tonnes of new crops, including 30.5 million tonnes of grain and 11.2 million tonnes of oilseeds.
29 September 2023
Ukrainian defense companies strike over 20 deals with foreign partners
During the first Defense Industries Forum, Ukraine’s defense industry actors demonstrated to foreign partners a decent level of production, which resulted in the conclusion of more than 20 joint agreements at various levels.
Grain issue not to divide Ukraine, Poland - Ambassador Zvarych
Ukraine and Poland will eventually reach an understanding on the topic of Ukrainian grain, which is unable to divide the two neighboring countries.
Draft budget needs to be finalized in terms of expenditures on public authorities - Hetmantsev
The draft law on the state budget of Ukraine for 2024 needs to be finalized, in particular, in terms of financing non-military state institutions, especially central executive bodies.
Economy Ministry: 50 unnecessary permits canceled in Ukraine this year
In the nine months of the Interagency Working Group on Deregulation's work, 50 unnecessary permits have been canceled in Ukraine, and another 200 are planned to be canceled next year.
New management, supervisory board to operate at Energoatom at year start
State Enterprise National Nuclear Power Company Energoatom will become a joint-stock company. The process of selecting an independent supervisory board will be launched, and it will appoint new management.
Ukraine plans to return economy to pre-war level in four years
The Ministry of Economy plans to return the economy to the pre-war level and exceed this figure within four years.
U.S. House approves $300 million tranche for Ukraine
The House of Representatives on Thursday night voted to allocate $300 million in support for Ukraine.
EU already provided EUR 81B in aid to Ukraine - Ursula von der Leyen
Since the beginning of Russia’s full-scale aggression, the EU has provided financial, humanitarian and military aid worth EUR 81 billion to Ukraine.
IAEA approves resolution calling for immediate return of ZNPP to full control of Ukraine
The 67th General Conference of the International Atomic Energy Agency (IAEA) approved a resolution that calls for the Zaporizhzhia nuclear power plant (NPP) to be immediately returned to the full control of Ukraine.
MIGA insures first private investor in Ukraine against war risks
World Bank’s Multilateral Investment Guarantee Agency (MIGA) provided the first investment guarantees for private investors in Ukraine.
Forty foreign traders actively use Ukrainian GTS services
This year, 40 foreign companies are active users of services provided by the Gas Transmission System (GTS) Operator of Ukraine LLC.
28 September 2023
Kropyvnytskyi allocates UAH 1M to restore community in Kherson region
The city of Kropyvnytskyi, Kirovohrad region, has allocated UAH 1 million for the restoration of Velyka Oleksandrivka community in Kherson region.
Ukraine elected to IAEA Board of Governors
Ukraine has been elected to the IAEA Board of Governors for 2023-2025.
IMF welcomes Ukraine’s law on e-declaration of assets
The International Monetary Fund welcomes the adoption by the Verkhovna Rada of the law on the restoration of e-declaration during martial law with the proposals filed by President Volodymyr Zelensky.
Poland has no intention so far of lifting embargo on Ukrainian goods - government
Poland has no intention of lifting the ban on exported Ukrainian agricultural products, even if Ukraine withdraws its complaint from the World Trade Organization (WTO).
Greenpeace warns of deteriorating safety situation at ZNPP
International regulators are unable to properly monitor safety at the Russian-occupied Zaporizhzhia nuclear power plant, Greenpeace warns.
Grain talks with Ukraine progressing - Polish minister
Negotiations between Poland and Ukraine regarding grain transit are moving in the right direction.
Ukrenergo comments on funds needed to restore energy infrastructure
Ukrenergo has already attracted more than a billion dollars from Western partners to restrore Ukraine’s energy infrastructure, but the operator may still need several hundred million have the grid fully restored.
Romania chooses not to ban Ukrainian grain not to send “wrong signal” - PM
Romania reacted to the grain crisis differently from Poland in order not to send a wrong signal to the democratic world that Bucharest is allegedly unwilling to help Ukraine.
USAID gives Ukrainian farmers 12,000 tonnes of fertilizers for autumn sowing campaign
The United States Agency for International Development (USAID) provides Ukrainian agricultural enterprises with 12,000 tonnes of fertilizers for autumn sowing campaign.