The Verkhovna Rada of Ukraine has exempted from value added tax (VAT) a number of goods entering Ukraine for security and defense purposes. Relevant bill No. 9467 on amendments to the transitional provisions of the Tax Code regarding the specifics of the import of goods into the customs territory of Ukraine for security and defense … Read more
Invest International provides export finance to support a new Aircrete aerated concrete plant for Kovalska, Ukraine The “Kovalska” Group signed a €27 million loan agreement with Invest International for the development of the production of environmentally friendly aerated concrete blocks and panels by the Aircrete Europe corporation in Ukraine. The loan, funded via the Dutch … Read more
President Volodymyr Zelenskyy has signed a law on amendments to the Tax Code of Ukraine regarding the peculiarities of taxation during martial law, the president’s press service reported on July 27. The corresponding information regarding the law has been posted on the website of Ukraine’s parliament, the Verkhovna Rada. The adopted law stipulates that from … Read more
Japan plans to help Ukraine in the modernization and restoration of irrigation systems. The State Agency of Land Reclamation and Fisheries reported this. A working meeting of representatives of the Ministry of Agrarian Policy, the State Agency for Reclamation and Fisheries of Ukraine, and the Japan International Cooperation Agency (JICA) was held, where the issues … Read more
The National Bank of Ukraine (NBU) is reducing its discount rate, the rate by which banks pay to borrow money from the central bank, to 22%, NBU Chairman Andriy Pyshnyy said on July 27. “A rapid slowdown in inflation and a stable situation on the foreign exchange market enables the beginning of a cycle of … Read more
The Law on amendments to the Tax Code of Ukraine and certain other laws of Ukraine in connection with the introduction of electronic tracking of the turnover of alcoholic beverages, tobacco products and liquids used in electronic cigarettes (No. 8287) was signed on Monday, July 24, by Ukrainian President Volodymyr Zelenskyy. According to the document, … Read more
Ireland’s Ryanair, Europe’s largest low-cost airline, is considering resuming a small number of flights to Ukraine before the end of this year, subject to successful negotiations by Ukraine on the partial opening of airspace, the executive director of the airline, Michael O’Leary, said. “So, there are two plans, one, the war finishes and everything reopens … Read more
Irish Ryanair is planning to connect major airports in Ukraine to almost two dozen European capitals within weeks of the country’s airspace reopening when the war ends, says Michael O’Leary, CEO of the airline. O’Leary stated that two plans are being considered: the end of the war and the opening of the airspace in one … Read more
At the first joint auction for the distribution of the capacity of interstate lines on the Ukraine-Slovakia export route, which starts on July 21, 2023, 200 MW of capacity will be offered with a delivery date of July 23 from 09:00 to 14:00, Ukrenergo reported. “Ukrenergo and the Slovak transmission system operator SEPS have signed … Read more
The Subcommittee on Ukrainian-Chinese Trade and Economic Cooperation discussed in Kyiv on Friday the prospects for bringing new commodity items to the Chinese market by the end of 2023, the press service of the State Service of Ukraine on Food Safety and Consumer Protection reported. “The parties discussed the conditions and necessary steps for mutual … Read more