All funds Ukraine earns go to defense - PM Shmyhal
All funds that Ukraine independently earns are allocated for financing defense needs as priority.
Economy - Latest news
10 September 2023
Ukrainian nuclear reactors get fuel previously produced only in Russia - energy minister
For the first time, the Ministry of Energy of Ukraine loaded 440-type reactors operating at Ukrainian power plants with fuel that had previously been produced exclusively in the Russian Federation.
Ukraine's economy ministry expects GDP growth of up to 4% this year
The Ukrainian Economy Ministry expects Ukraine's gross domestic product to grow to 4% this year.
Moldova sends electrical equipment to Ukraine
Moldova has sent another batch of aid to Ukraine, worth 1.2 million lei (over $67,000), including equipment necessary for electricity supply.
09 September 2023
Poland to insure foreign investors in reconstruction of Ukraine - Economy Ministry
Polish President Andrzej Duda signed an amendment to the law on export insurance guaranteed by the State Treasury, which, among other things, allows the Polish state insurance corporation KUKE to provide more effective assistance to private businesses interested in the Ukraine recovery effort.
Ukraine offers partners special recovery financing mechanism - Shmyhal
Ukraine offers partners a special compensation mechanism for attracting financing for the reconstruction of the country.
Zelensky, Hayashi talk areas of cooperation in Ukraine recovery
The President of Ukraine, Volodymyr Zelensky, and the Minister of Foreign Affairs of Japan, Yoshimasa Hayashi, discussed areas of cooperation for the restoration of Ukraine, including in the fields of energy, transport, demining, creation of new jobs, and the social sphere.
G20 leaders have tools to restore maritime exports of Ukrainian grain - von der Leyen
G20 leaders have the tools and the responsibility to reopen the sea route for Ukrainian grain delivery to the most vulnerable nations, as only the resumption of transit of Ukrainian agricultural products through the Black Sea can stabilize global food prices.
Ukraine's PM, Japan's FM discuss business cooperation
Ukrainian Prime Minister Denys Shmyhal has discussed business cooperation at a meeting with Japanese Foreign Minister Yoshimasa Hayashi and representatives of leading Japanese companies.
Alternative routes unlikely to compare with grain exports via Black Sea - UK intel
Alternative routes for grain exports from Ukraine are unlikely to compare with the Black Sea routes.
Ukraine exports over 5M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to September 8, 2023), Ukraine exported 5.054 million tonnes of grains and legumes.
08 September 2023
Charles Michel: Russia's blocking of Ukrainian grain exports puts 250M people at risk of starvation
Russia must end the blockade and shelling of Ukrainian ports, as the Russian blockade of Ukrainian grain exports to the world market threatens the lives of at least 250 million people in developing countries.
NACP adds Turkish Şişecam Group to list of int'l war sponsors
The National Agency for Corruption Prevention of Ukraine (NACP) has added Turkish Şişecam Group to the list of international sponsors of Russia's war. The company continues to do business with Russia and remains Russia's largest exporter in its industry.
Ukraine starts transporting grain through Croatian ports - Svyrydenko
Ukraine has started exporting grain through Croatian seaports.
Ports of Baltic states, Poland could annually ship 10M tonnes of Ukrainian grain – Nausėda
President of the Republic of Lithuania Gitanas Nausėda believes that, upon the development of port corridors in the Baltic Sea, up to 10 million tonnes of Ukrainian grain could be shipped annually.
07 September 2023
Shmyhal, Blinken visit energy object in Ukraine
Prime Minister of Ukraine Denys Shmyhal and U.S. Secretary of State Antony Blinken have visited a Ukrainian energy facility, inspected progress in preparations for the heating season and infrastructure protection efforts.
U.S., Europe should allow using seized Russian assets to rebuild Ukraine - American expert
All Russian assets that have been seized abroad should be used to rebuild Ukraine. In addition, Russia's oil revenues could also be a source of compensation for Ukraine in the future.
06 September 2023
President Zelensky: Ukraine strongly against any further restrictions on grain exports
Ukraine is strongly against any further restrictions on its grain exports.
Shmyhal, Blinken discuss protection of Ukraine's energy infrastructure
Ukrainian Prime Minister Denys Shmyhal and U.S. Secretary of State Antony Blinken have discussed the protection of Ukrainian energy infrastructure.
Zelensky holds meeting to discuss preparing energy system for winter
President Volodymyr Zelensky held a regular meeting of the Supreme Commander-in-Chief's Staff to prepare the power system for winter.
EC to consider Ukrainian grain exports today
On September 6, the European Commission (EC) board is to consider proposals by European Commissioner for Agriculture Janusz Wojciechowski to solve the problem of Ukrainian grain exports to five "frontline" countries, Poland, Hungary, Slovakia, Bulgaria, and Romania.
PM Shmyhal: Government to submit draft state budget before Sept 15
The Ukrainian government will submit Ukraine’s draft state budget for 2024 to the Verkhovna Rada of Ukraine before September 15, 2023.
Germany's SAP industrial software provider to disconnect Russian companies from its services - Yermak
The German supplier of industrial software SAP will disallow access to its product for Russian companies.
05 September 2023
The Netherlands to support companies seeking to take part in Ukraine recovery
International companies and non-governmental organizations seeking to participate in the recovery of Ukraine can receive support from the Dutch government under the Ukraine Partnership Facility (UPF).
Grain deal should be resumed without fulfillment of Russia's additional conditions - ambassador
Attempts to resume the Black Sea Grain Initiative are taking place in Kyiv's intensive dialog with Ankara. This resumption should take place without additional requirements or restrictions from Russia.
Ambassador Bodnar: Russia manipulates figures on grain supplies to African countries
Russia's arguments about the low rate of grain supplies to African countries are groundless. In addition to direct supplies of grain, starving African and Asian countries receive products processed in third countries.
U.S. welcomes Turkey's efforts to revive grain deal despite Russia's opposition
The U.S. Department of State hailed Turkey's efforts to revive the Black Sea Grain Initiative despite the lack of major breakthroughs from President Recep Tayyip Erdogan's and President Vladimir Putin’s talks in Sochi on Monday.
UGA increases forecast of grains, oilseeds harvest to 80.5M t
The Ukrainian Grain Association (UGA) has increased its estimate of this year's potential harvest of grains and oilseeds in Ukraine by 3.7 million tonnes to 80.5 million tonnes.
U.S. seizes $1B worth of Russian assets abroad
Since the beginning of Russia's full-scale war against Ukraine, the United States has seized over USD 1 billion of private Russian assets in other countries.
NBU sells $638M on interbank market in past week
The National Bank of Ukraine (NBU) sold more than $638 million on the interbank foreign exchange market over the past week.