Ukraine finalizes trade agreement with UAE

Ukraine and the United Arab Emirates have finalized a bilateral trade agreement that lays the foundation for deepening investment and trade between the two countries, Ukraine’s Economy Ministry announced on April 29. The agreement was signed by Economy Minister Yulia Svyrydenko and the UAE’s Foreign Trade Minister Thani bin Ahmed Al Zeyoudi on April 26 … Read more

Polish farmers lift blockade of last checkpoint on Ukraine border

On the morning of April 29, Polish farmers unblocked the movement of freight transport at the “Rava-Ruska – Hrebenne” checkpoint, reported the press service of the State Customs Service. Protesters left the strike site. Passage of vehicles in both directions is carried out as usual. At the same time, grain trucks will not be allowed to enter … Read more

Prosecutor’s Office: Over 2,500 gambling websites blocked in Ukraine

More than 2,500 gambling websites that had operated without a license were blocked in Ukraine as of April 27, the Prosecutor General’s Office reported. The negative impacts of gambling, especially on the Ukrainian soldiers, have recently become a topic of public discussion in Ukraine as a petition demanding restrictions on online gambling reached the president’s … Read more

Ukraine’s GDP growth accelerates to 4.6% in March

The Ministry of Economy of Ukraine estimated the growth of the gross domestic product in March at the level of 4.6% +/- 1%, announced the Department of Strategic Planning and Macroeconomic Forecasting in the monthly overview of the main events in the Ukrainian economy. This is more than in January (3.5%) or February (3.9%). In general, … Read more

Concorde Capital to carry out large-scale reconstruction of Kyiv bus station

The investment company Concorde Capital is implementing a project for the reconstruction of Kyiv bus station, located near the Central Railway Station (Vokzalna subway station), better known as “Yama,” Concorde Capital founder Ihor Mazepa said on Wednesday. “My colleagues and I came up with the idea, why don’t we go… look more closely at the transportation market … Read more

Parliament passes bill strengthening gambling oversight in first reading

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

Ukraine ships over 200,000 tonnes of food aid to African countries through Grain from Ukraine

Within the framework of President Volodymyr Zelenskyy’s initiative Grain from Ukraine, Ukraine has already shipped over 200,000 tonnes of food supplies. According to the Ministry of Agrarian Policy and Food, seven vessels have transported over 195,000 tonnes of grain and 7,600 tonnes of flour to Somalia, Ethiopia, Yemen, Nigeria, and 25,000 tonnes of grain to … Read more

Rada adopts at first reading deregulation of used car market

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

Rada allows ARMA to buy FX govt bonds

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

Ukraine’s largest oil producer to double output by 2027 following permit expansions

Ukraine’s largest state oil producer, Ukrnafta, has expanded the boundaries of its existing special permits in western Ukraine, adding over 3 million tons of oil and 0.6 billion cubic meters of gas to the nation’s reserves, the company’s CEO Serhiy Koretsky reported on Facebook on April 23. “The reason for expanding the boundaries of the special … Read more