Slovakia has resumed electricity imports from Ukraine, the Ukrainian electric operator Ukrenergo said on April 17. Ukraine currently exports 200 MW per hour to Slovakia. Ukraine imports a small amount — 2-4 MW, depending on the hour. Slovakia becomes the third country to resume electricity imports from Ukraine, after Poland (75 MW per hour) and Moldova (99-134 … Read more
Slovakia will halt the import of grain and other selected products from Ukraine. The Guardian reports this. “Slovakia will temporarily halt imports of grains and other selected products from Ukraine, a government spokesperson said on Monday,” the message reads. As Guardian writes, representatives of the European Union member states in Brussels this week will discuss the … Read more
The European Commission (EC) doesn’t support the member states’ decision to introduce unilateral restrictions on importing grain and other food products from Ukraine. Miriam Garcia Ferrer, the spokesperson for the European Commission on Agriculture and Trade, announced during a briefing in Brussels that the EC is in contact with the authorities of these countries and … Read more
Slovakia will temporarily suspend grain imports from Ukraine, following Poland and Hungary, according to Slovak Prime Minister Eduard Heger’s Facebook post on April 17. Heger said that an ad hoc group would convene to discuss the issue and report their findings at a later date. Poland banned grain imports from Ukraine on April 15, but expressed a willingness … Read more
Hungary has temporarily banned the import of grains, oilseeds, and some other agricultural products from Ukraine, Hungarian news outlet 24.hu reported on April 15, citing Hungarian agricultural minister Istvan Nagy. “The government is committed to representing the interests of the Hungarian farming community, which is why, in the absence of meaningful EU measures, like Poland, it temporarily prohibits … Read more
The Ukrainian budget loses billions of hryvnias every year due to shady schemes in the tobacco, alcohol, and oil and gas industries, economist and Economic Expert Platform coordinator, Oleh Hetman, wrote in his column for NV Business on April 15. Losses from tax evasion in these sectors alone amounted to UAH 60 billion ($2.2 billion) … Read more
Elon Musk’s SpaceX is appealing a Ukrainian court’s decision that awarded a Ukrainian company with the Starlink trademark, Ukrainian news outlet Mediasat reported on April 13. On March 2, Kyiv Commercial Court ruled to award Ukrainian company “Старлінк” (Starlink in Cyrillic script) with “Старлінк” trademark. In response, SpaceX has now lodged an appeal with Kyiv’s … Read more
U.S. aerospace company Boeing has released Ukrainian companies from $200 million worth of obligations under the multinational Sea Launch project, Ukraine’s Prime Minister Denys Shmyhal tweeted on April 14. “During a meeting with the U.S. business, Boeing announced that it is releasing Ukraine from a $200 million obligation related to the Sea Launch project. Thank you … Read more
Ukraine’s National Agency on Corruption Prevention (NACP) has declared China’s Xiaomi Corporation an international sponsor of war, the agency reported on April 13. The company has been listed not only because it continued operations in Russia after the full-scale invasion of Ukraine, but also because it remains the leader in smartphone sales in the terrorist state. Xiaomi … Read more
Ukrainian exports fell by 42.8% in January-February 2022, while imports decreased by 17.9% year-over-year (y-o-y), the State Statistics Service reported on Facebook on April 14. Ukrainian exports amounted to $6.45 billion (57.2% y-o-y), while imports were $10.17 billion (82.1%), leaving a negative trade balance of $3.71 billion (against $1.08 billion in January-February 2022). Ukraine conducted foreign trade with … Read more