Russia starts energy terror again, but we're ready - Shmyhal
Russia has already started the next stage of energy terror against Ukraine, but we are ready.
Economy - Latest news
23 September 2023
German company resumes trading LNG with Russia - Bloomberg
A German company that was previously nationalized due to its ties to Russia has resumed trading liquefied natural gas (LNG) with Russia.
22 September 2023
Ukraine, Canada expand Free Trade Agreement
Ukrainian President Volodymyr Zelensky and Canadian Prime Minister Justin Trudeau signed an updated Free Trade Agreement.
PM Shmyhal: Ukraine’s needs for fast recovery remain at the level of $15B
Ukraine's needs for fast recovery remain at the level of $15 billion.
Ukraine exports over 6M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to September 22, 2023), Ukraine exported 6.038 million tonnes of grains and legumes.
Three more civilian vessels heading to Ukrainian ports
Three more ships are moving along the temporary corridor toward Ukrainian ports. They will be loaded with agricultural products and ore.
Ukraine receives another EUR 1.5B in macro-financial assistance from EU
Ukraine has received the eighth tranche of EUR 1.5 billion as part of the large-scale macro-financial assistance (MFA) from the European Union for 2023.
Second grain ship leaves Ukrainian port via temporary corridor - Bloomberg
Another ship with grain has left the Ukrainian port via a temporary corridor. This is the second ship to break through the Russian blockade of the Black Sea.
Warsaw hopes Ukraine won't impose embargo on Polish agri-products
Warsaw hopes that Kyiv will not impose an embargo on the import of Polish agricultural products to Ukraine.
21 September 2023
First ship with Ukrainian grain arrives in Turkey under temporary corridor
The cargo ship Resilient Africa arrived off Turkey's Bosphorus Strait on Thursday, the first vessel loaded with grain from Ukraine to sail in and out of the Black Sea using a temporary corridor.
Slovakia, Ukraine agree on grain trade system instead of ban
The ministers of agriculture of Slovakia and Ukraine have agreed to create a grain trade licensing system that will allow them to lift the ban on imports of four Ukrainian goods to Slovakia.
Budget receives $1.25B of grant funds from U.S. - Finance Ministry
The Ministry of Finance of Ukraine has attracted a USD 1.25 billion grant from the United States through the World Bank's PEACE in Ukraine Trust Fund.
Ukrainian, Polish agricultural ministers agree to find solution for grain export
Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi discussed the issue of the export of Ukrainian agricultural products with Minister of Agriculture and Rural Development of Poland Robert Telus.
EU countries ready to consider changes in grain export rules proposed by Ukraine - Kachka
The three EU countries that have imposed national bans on the export of Ukrainian agricultural products - Poland, Romania, and Bulgaria - are ready to consider the mechanism of joint verification and approval of supplies proposed by Ukraine.
Naftogaz declares getting out of default
The National Joint Stock Company Naftogaz of Ukraine has come out of default.
NACP adds German companies Spinner, DMG Mori to list of int'l war sponsors
Ukraine’s National Agency for Corruption Prevention (NACP) has added two leading German manufacturers of high-precision machine tools, Spinner and DMG Mori, to the list of international sponsors of Russia's war.
Poland refuses to call grain-related dispute with Ukraine trade war
The Government of Poland believes a grain-related dispute with Ukraine should not be called a trade war between the two countries.
20 September 2023
Zelensky discusses priority areas of Ukraine’s reconstruction with U.S. Special Representative
President Volodymyr Zelensky met with U.S. Special Representative for Ukraine's Economic Recovery Penny Pritzker in New York. The parties discussed the support for the most promising branches of the Ukrainian economy.
Ukraine calls on Poland to put aside emotions in grain issue
The Ukrainian Foreign Ministry has called on Poland to put emotions aside and switch to a constructive dialogue on grain exports.
822 Ukrainian nuclear workers remain at ZNPP
A total of 822 Ukrainian nuclear workers remain at the temporarily occupied Zaporizhzhia Nuclear Power Plant. Another 2,083 ZNPP employees are not allowed to work.
Ukraine may lose up to €600M by year end due to agri-exports ban - expert
Ukraine may lose up to EUR 600 million by the end of 2023 if some EU countries extend restrictions on imports of Ukrainian agricultural products.
European Investment Bank may provide EUR 220M to restore Ukraine's infrastructure
Head of the State Agency for Restoration of Ukraine Mustafa Nayyem and Head of Implementation at the Agency Vadym Nozdria discussed financing critical infrastructure restoration projects in Ukraine with representatives of the European Investment Bank (EIB).
Ukraine interested in expanding access to Baltic ports – PM Shmyhal
Ukraine is interested in expanding access to the Baltic ports, namely through the Rail Baltica project.
Additional UAH 300B for defense: VR endorses amendments to state budget in first reading
The Verkhovna Rada of Ukraine has endorsed amendments to the Law of Ukraine ‘On the State Budget of Ukraine for 2023’ regarding the financing of the defense and security sector in the first reading.
Kuleba, Grossi discuss situation at Zaporizhzhia NPP, further cooperation
Ukrainian Foreign Affairs Minister Dmytro Kuleba and International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi have met and discussed the situation at Zaporizhzhia Nuclear Power Plant (NPP) and further cooperation.
EU sanctions: Poland proposes ban on diamond, LNG imports from Russia
Poland proposes to ban the import of diamonds and liquefied natural gas from the Russian Federation within the next 12th package of EU sanctions on Russia.
Ukrainian president proposes creating grain hubs in Africa, other regions
In order to improve access to Ukrainian grain and strengthen global food security, Ukraine proposes setting up hubs for millions of tonnes of grain in African countries and other sensitive areas.
19 September 2023
Ukraine to introduce measures to control grain exports to five EU member states - Shmyhal
The Government of Ukraine will provide the EU and neighboring countries with customs data on the export of certain goods and collect data on the destination of shipments in the e-queue system.
Ukraine ready to change grain export rules as regards five EU countries
The government approved a new procedure for the export of corn, rapeseed, sunflower, and wheat, according to which it a license is required from the Ministry of Economy with the approval of the Ministry of Agrarian Policy in order to supply these crops to five EU member states bordering Ukraine.
Ukraine will limit imports from Poland, Hungary if they don’t lift grain embargo - Shmyhal
Ukraine is filing a lawsuit with the World Trade Organization against Poland, Hungary, and Slovakia over unilateral restrictions on imports of Ukrainian agricultural products, and at the same time offers a compromise scenario.