The Council of the European Union has adopted a decision, allowing temporary trade liberalization and other trade concessions on certain Ukrainian products. The statement announced this on the Council’s website. “This means that for one year, import duties on all Ukrainian exports to the European Union will not be due. Thanks to these measures the … Read more
Ukrainian Prime Minister Denys Shmyhal has said that Ukraine plans to join the EU Convention on Common Transit Procedure in the near future and is preparing to sign a road freight transport agreement with the European Union (EU). “We are planning… to join the Convention on a Common Transit Procedure in the near future. This … Read more
President of the Davos Economic Forum, Børge Brende, calls for implementing the “Marshall Plan” for Ukraine. He stated this to the German newspaper Süddeutsche Zeitung. “Even without the peace agreement, which is unlikely at the moment, we must start work on reconstruction, at least in the territories under Ukraine’s control. We need a Marshall Plan … Read more
NJSC Naftogaz Ukrainy and Clear Energy Group, as part of a joint project, launched a biogas power plant operating at a solid waste landfill in Velyki Hrybovychi in Lviv region on Saturday, the company said in a statement. “Development of low-carbon businesses is a strategic choice of Naftogaz. The biogas power plant constructed here will … Read more
The Senate of the US Congress, following the House of Representatives, passed Bill H.R.7691 on allocating additional appropriations to Ukraine–2022, which provides about $40 billion to respond to russia’s aggression against Ukraine. The vote in the upper house took place on Thursday. The document was supported by 86 lawmakers, and opposed by 11 senators. According … Read more
Today, May 19, the European Parliament supported the one-year abolition of EU import duties on all Ukrainian exports. The press service of the European Parliament reports it. According to the statement, the decision was supported by 515 votes, 32 deputies voted against, and 11 abstained. The press service of the European Parliament reports that it … Read more
The Ukrainian IT company Uklon, the developer of the eponymous ride-hailing service, is launching an international franchise to accelerate the company’s scaling through global expansion into new markets. The franchise package includes access to the “franchise book” and modern Uklon software (Uklon Driver and Uklon Rider applications, flexible CRM models). In addition, the cooperation includes … Read more
The National Bank of Ukraine, in order to increase stability in the foreign exchange market, is thinking about returning the floating rate, NBU Governor Kyrylo Shevchenko said in an interview with The Asahi Shimbun. “I want to inform you that we are now considering the possibility of easing some currency restrictions. We are also thinking … Read more
During the next review of the duties introduced back in 2001 on hot-rolled carbon and alloy steel sheet and strip from Brazil, China, India and Ukraine, Canada decided not to extend the 77% duty on goods from Ukraine. “The Tribunal rescinded its order with respect to the dumping of such goods originating in or exported … Read more
Ukraine, with the help of Western partners, has managed to significantly increase fuel imports from EU countries, as a result, in May the country will receive 350,000 tonnes of fuel via completely new logistics routes, the Ministry of Economy has said on its website. “In March-April 2022, measures were introduced that made it possible to … Read more