Ukraine’s parliament, the Verkhovna Rada, supported in the first reading on April 24 a bill strengthening the state’s oversight over the gambling business, lawmaker Oleksii Honcharenko said. The negative social impacts of gambling are increasingly becoming a topic of public discussion as a petition demanding restrictions on online gambling reached the president’s table in March. … Read more
The Verkhovna Rada of Ukraine has approved at first reading bill No. 9083, which envisages deregulation and denationalization of the used vehicle trade market, announced Head of the Verkhovna Rada Committee on Finance, Tax, and Customs Policy, Danylo Hetmantsev. “The Verkhovna Rada approved at first reading bill No. 9083, of which I am the initiator,” … Read more
The Asset Recovery and Management Agency (ARMA) will be able to invest 80% of the transferred seized currency funds into foreign currency government domestic loan bonds. Bill №10397 amending the law on ARMA was adopted by the Verkhovna Rada on Tuesday with 299 votes, while the minimum required was 226 votes. The explanatory note to … Read more
President Volodymyr Zelensky signed on April 20 a decree on counteracting the negative effects of online gambling, which proposes to ban it for the military until the end of martial law. Zelensky supported the National Security and Defense Council’s decision after he had announced that the government was preparing to tighten control over the online … Read more
The Cabinet of Ministers approved the concept of a state targeted scientific and technical program for the use of artificial intelligence (AI) technologies in priority sectors of the economy for the period until 2026. The corresponding order (No. 320-r dated April 13, 2024) was published on the government portal. The Cabinet of Ministers identified the … Read more
The Cabinet of Ministers recognized as invalid Resolution No. 775 on export ISO (imposed special obligations) on the electricity market. The government made this decision at a meeting on Saturday. The special obligation on the export of electricity required exporters to give 80% of their income to the state-owned enterprise Guaranteed Buyer, which actually directs … Read more
The Cabinet of Ministers has resumed the program of partial compensation for the purchase of Ukrainian-made agricultural machinery, for which UAH 1 billion is included in the 2024 state budget, said First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko. “During the presentation of the Made in Ukraine policy in Chernihiv region, chaired by … Read more
President Volodymyr Zelensky signed an order on April 4 to sanction several Ukrainian businessmen and dozens of companies. One of the sanctioned individuals was Vadym Alperin, an Odesa native known as the “king of smuggling.” Sanctions entail blocking of assets, restrictions on trade operations, preventing the withdrawal of capital from Ukraine, a ban on acquiring … Read more
The Verkhovna Rada has allowed from May 1, 2024 to partially resume inspections of compliance with the requirements of the legislation of Ukraine on customs matters, including regarding the timeliness, reliability, completeness of accrual and payment of customs duties, suspended since February 24, 2022 for the period of martial law. Corresponding changes are provided for … Read more
Switzerland’s Nestle food and beverage conglomerate has been declared an international sponsor of war, Ukraine’s National Agency on Corruption Prevention (NACP) reported on Telegram on Nov. 2. Nestle has more than 2,000 brands worldwide, including popular products like KitKat, Nescafé, Nesquik, Nestea and many others. The company continues to operate in Russia, supplying goods and … Read more