Minister of Finance of Ukraine Serhiy Marchenko held an online meeting with U.S. Deputy Secretary of the Treasury Wally Adeyemo. “The parties discussed the achievements in the implementation of prudent fiscal policy in Ukraine, which resulted in overfulfillment of the state budget in 2021, ongoing cooperation with the International Monetary Fund, and next steps of…
Industrial parks will finally start operating in Ukraine. In the next three years, the state will help build infrastructure for 25 industrial parks, which would attract $2.5 billion in additional investments to Ukraine. “Last week, the necessary documents were sealed, including the procedures for including in and maintaining the register of industrial parks. The inclusion…
Ukraine has secured the European Commission’s support for its efforts to synchronize its national power system with the European Union’s ENTSOE and is moving steadily toward completing the process in 2023. Minister of Energy of Ukraine, Herman Galushchenko, addressed the issue in Brussels, speaking with journalists following the talks with European partners. “Technical issues are…
Lithuania will hand over 24 thermal sights to Ukraine’s special forces, the country’s Defense Ministry reports. “Under the plan, these will be mobile thermovisual surveillance devices,” the ministry said, adding that the devices were valued at over 340,000 euros. The ministry also confirmed that Lithuania would soon start handing over weapons to Ukraine, but refrained…
The Association Agreement with the European Union is Ukraine’s roadmap for reforms and the basis for integration into the EU’s internal market. “Ukraine remains fully committed to the Association Agreement, which is still the roadmap for reforms and the basis for our country’s integration into the European Union’s internal market, including the free movement of…
In 2021, exports of Ukrainian agri-food products to the European Union in monetary terms increased by 33% YoY and reached $8.3 billion, the Ukrainian Club of Agrarian Business (UCAB) reported. The growth is partly due to the increase in the cost of most categories of goods on the world market and partly – due to…
The Embassy of the Republic of Korea in Ukraine expressed interest in the Ukrainian-Korean cooperation in the field of space exploration and agreed to continue the partnership with the State Space Agency of Ukraine (SSAU). This was discussed during a meeting between SSAU Head Volodymyr Taftai and the delegation of the Embassy of the Republic…