The Ukrainian government has issued fines totaling 721.236 million UAH ($28.25 million) to Russian airlines carrying out commercial services to Simferopol. Ukraine has refused to recognize Russian jurisdiction over the Crimea following the latter’s unilateral annexation of the province in 2014. As such, Ukraine has issued over 5,000 fines to Russian airlines for serving Simferopol,…
In 2016/2017 season export potential of the Black Sea region is estimated to overcome 105 MMT. Black Sea countries steadily take new positions in the global grain production and trade, overtaking traditional top exporters, such as USA and EU. Despite growing global consumption, grain stocks set new records, intensifying competition for the buyers. The era…
The Cabinet of Ministers has approved of the terms of attracting credits by business entities that are residents of Ukraine within the program to improve the country’s defense capability and security under state guarantees for a period of not less than 3 years and under not more than 19% per annum. According to cabinet resolution…
China is interested in placing its production at Ukrainian industrial parks and has already provided the Ukrainian side with the corresponding plan of cooperation, Vice President of the China International Chamber of Commerce Lu Jianzhong has said. “We see that the investment climate in Ukraine, as well as relations between Ukraine and China are improving.…
CHS Ukraine LLC is to allocate $50 million under a program for support of agricultural producers in 2017, CHS Ukraine CEO Viacheslav Kolosvetov has said. “Some $50 million has been earmarked for a joint project with Syngenta and Galnaftogaz, this amount will be allocated in spring”, he said. Galnaftogaz will supply fuel, while Syngenta will…
Very cold weather as for this time of year, with insignificant precipitation persisted on October 21-31. As of October 28, productive moisture reserves in the plow soil layer (0-20 cm) under winter wheat were within 14 to 35 mm in the East (against multi-year averages of 22-31 mm), 58 to 61 mm in the West,…
Ukraine expects that Chinese investors will help Ukraine develop future technologies, including the creation of the so-called smart cities in Ukraine. Deputy Presidential Administration Head Dmytro Shymkiv stated this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “We very much welcome the prospect of attracting Chinese investors to the Ukrainian…