Pensions in Ukraine grew by 13.8% in 2020, according to the press service of the Pension Fund. In 2020, the Pension Fund provided pension payments to 11.1 million citizens, of whom 2.7 million were working retirees. “During 2020, the pension increased by UAH 424.53 or by 13.8%: from UAH 3,082.98 on January 1, 2020 to…
Ukraine in January-February reduced electricity exports 24-fold YoY, to 58.9 million kWh, the Energy Ministry said in a statement. “In the two months of 2021, electricity exports amounted to 58.9 million kWh, 1.38 billion kWh below the volume recorded in the first two months of 2020,” the report says. (UNIAN/Business World Magazine)
In 2020, Turkey’s share in Ukrainian fruit imports was 28.8%, making the country a leader among suppliers of these products, the Institute of Agrarian Economics reported. According to the State Customs Service of Ukraine, the volume of fruit and nut imports to Ukraine in 2020 amounted to $795 million, up by 18% YoY. In recent…
The official opening of a representative office of the Ukrainian Business Council took place in Dubai (UAE), according to the Ukrainian Consulate in Dubai. “With the assistance of the Embassy of Ukraine in the UAE and the Consulate of Ukraine in Dubai, in The Place business center, which is located in the DMCC free economic…
Ukraine is interested in enhancing economic cooperation with Vietnam and building effective cooperation with the Association of Southeast Asian Nations (ASEAN). According to the Ukrainian Ministry of Foreign Affairs, this issue was discussed at a meeting of Deputy Minister for Foreign Affairs of Ukraine Yevheniy Yenin and Ambassador of the Socialist Republic of Vietnam to…
In February, JSC Ukreximbank generated UAH 99.5 million in net profit, according to the bank’s press service. Since the beginning of 2021, the state-owned bank has received a total of UAH 201.9 million in net profit. According to the bank’s press service, the positive dynamics was achieved, in particular by continuing the measures to optimize…
Ambassador of the People’s Republic of China to Ukraine Fan Xianrong says China is interested in increasing exports of Ukrainian goods, especially food. He said this during a meeting with Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna. During the meeting, the interlocutors considered the state of implementation of the decisions of…