Ukraine shortly plans to accede to the Convention on the Common Transit Procedure, or the so-called “customs visa-free”. Prime Minister Denys Shmyhal announced during a government meeting on May 24. “This document is the basis for the movement of goods between EU member states. We are already using the appropriate computerized NCTS system and are…
The European Union together with Ukraine will create a financial platform of reconstruction that will help Ukraine rebuild critical infrastructure after devastating Russia’s aggression and pave the way for a European future through key economic, legal and social reforms. “That is the short term. But much more needs to be done. With the same resolve,…
Since the start of the full-scale Russian invasion of Ukraine, the European Union has provided a total of EUR 4.5 billion in financial support to Ukraine, Deputy Head of the Office of the President Ihor Zhovkva has announced. “The total amount of assistance that the European Union has provided since the launch of Russia’s open…
Moody’s has downgraded the Government of Ukraine’s foreign and domestic currency long-term issuer ratings and foreign currency senior unsecured debt ratings to Caa3 from Caa2. Moody’s has also changed the outlook to negative from ratings under review, concluding the review for downgrade that was initiated on February 25, reads the report released on the agency’s…
President of Poland Andrzej Duda considers that it is very important for global food security to unblock the port in Odesa so that Ukraine will be able to export food to countries that need it. Duda said this at a joint press conference with President of Ukraine Volodymyr Zelensky in Kyiv. As Duda stressed, not…
As of May 19, 182 thousand hectares of sugar beets were sown in Ukraine. According to the press service of the Ministry of Agrarian Policy and Food, Ukraine continues sowing campaign. 182 thousand hectares of sugar beets have been sown in the territories controlled by Ukraine. Sowing of spring crops is carried out by 23…
Ukraine received another part of the grant funding in the amount of EUR 504 million. Funds were provided from the World Bank’s Donor Trust Fund under the Second Economic Recovery Development Policy Loan for Ukraine. Under this tranche, the State Budget received grant funds from the United States ($500 million) and the United Kingdom (GBP…