The Ministry for Foreign Affairs will help Ukrainian businesses enter alternative markets if Belarus takes unjustified restrictive measures, Deputy Minister for Foreign Affairs (CDTO) Dmytro Senik has said this at a meeting of the Export and Investment Support Committee of the Kyiv Chamber of Commerce and Industry. During the discussion, Senik reminded that Minister for…
Since the end of April, the exchange rate of the Ukrainian currency against the dollar has strengthened by almost one hryvnia, according to Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy. According to the NBU deputy governor, among the main factors that influenced the strengthening of the national currency was the reduction…
In May, Ukraine’s total volume of electricity exports amounted to 460 million kWh, up 13.2-fold from the total volume of electricity imports, which reached 34.9 million kWh, to the press service of Ukrenergo National Power Company reported. Compared to April, Ukraine’s electricity exports increased by 21%, while imports decreased by 12.9%. “Starting from May 27,…
Milk production in Ukraine decreased by 5.3% YoY in January-May, according to the State Statistics Service of Ukraine. In particular, milk output amounted to 3.43 million tons, including 1.4 million tons produced by agricultural enterprises (-0.6%) and 2.29 million tons by private households (-6.5%). The highest volumes of milk production over the reporting period were…
On June 15, First Vice Prime Minister of Ukraine – Minister of Economy of Ukraine Oleksiy Lyubchenko met with Minister of Economy of the Republic of North Macedonia Kreshnik Bekteshi to discuss key issues of trade and economic cooperation. “We are interested in deepening mutually beneficial cooperation with North Macedonia which is a promising trade…
On June 15, the Ukrainian Finance Ministry raised more than UAH 7.97 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page. The Finance Ministry offered investors five issues of hryvnia-denominated bonds, with a maturity of 1 year, 1.5 years,…
Ukraine will launch its first pilot hydrogen projects in 2022. “Relevant agencies are currently drafting the Hydrogen Strategy of Ukraine. We continue to work extensively to assess the feasibility of using our gas transmission system to transport hydrogen to EU countries. Ukraine will start its first pilot hydrogen projects next year,” Minister of Foreign Affairs…