In updated EFF arrangement with IMF, Ukraine manages to postpone deadlines of three benchmarks, do without new ones – memo

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The International Monetary Fund (IMF) has published an updated Memorandum of Economic and Financial Policies following the third review of the Extended Fund Facility Arrangement for Ukraine. According to the document, there are no new structural benchmarks, and the execution dates of three existing ones are delayed by several months. In particular, the deadline for … Read more

International investments in Ukraine amounted to $1.7B over two years

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Over the two years of the full-scale war with russia, the total volume of international investments in Ukraine reached $1.7 billion, of which $1.2 billion were invested in 2023 alone. The head of the KSE Institute, Nataliya Shapoval stated the data during the Ukraine Business Compact (UBC) Workshop. Currently, the Ministry of Economy has identified … Read more

Verkhovna Rada allows to partially resume customs inspections from May 1, 2024

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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

Ukraine closing public access to ‘International War Sponsors’ list

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Ukraine is removing its ‘International War Sponsors’ list from the website of the National Agency for the Prevention of Corruption after representatives from several countries raised concerns, the Cabinet of Ministers announced. While the list bore no legal weight, Kyiv created it after the start of the full-scale invasion to put pressure on businesses to … Read more

EU extends duty-free food export from Ukraine, introducing restrictions on “sensitive products”

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The Council of the European Union and the European Parliament have extended the tariff-free trade with Ukraine for another year until June 5, 2025. However, they have introduced restrictions on a range of “sensitive products” in the agreement. Liberalizing trade involves temporarily suspending import duties and quotas on Ukrainian agricultural product exports to the European … Read more

ATB-Market becomes leader in retail trade with sales of over UAH 181 bln in 2023

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The revenue of the ten largest retail companies at the end of 2023 reached UAH 457.32 billion, the leader is ATB-Market with UAH 181.09 billion, according to the Opendatabot index. At the same time, in general, the retail trade segment contributed almost 13% of all-Ukrainian revenue. The top 10 largest retail operators also included Silpo-Food … Read more

Number of Diia.City residents reaches 900

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Over the past two weeks, the Ukrainian AI startup Beholder, the manufacturer of UAVs, aviation systems and military equipment Ukrspecsystems, the U.S. company Silvaco, the web design studio Habitat and the creator of video games Kava Gaming have joined Diia.City, the Ministry of Digital Transformation reported on Tuesday. According to the ministry’s Facebook post on … Read more

United Mining Chemical Company begins selling titanium raw materials to Italy, Spain, Germany

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PrJSC United Mining and Chemical Company, under whose management Vilnohirsk Mining and Metallurgical Combine (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region) have been transferred, began selling titanium raw materials to Italy, Spain, Germany and systematically expands the geography of exports. According to the company, despite the difficulties and risks of wartime, more … Read more