The US Embassy in Ukraine has welcomed the departure from the Odesa port of the first ship loaded with unblocked Ukrainian grain. “We welcome the departure of the first vessel from Ukraine’s Black Sea ports since Russia’s full-scale invasion on February 24. The world will be watching for continued implementation of this agreement to feed…
On August 1, the ship carrying Ukrainian grain departed from the port of Odesa for the first time in the past five months, Minister of Infrastructure Oleksandr Kubrakov said in a Facebook post. “The first ship with Ukrainian foodstuffs left the Odesa port,” the minister wrote. The Sierra Leone-flagged cargo ship Razoni, loaded with 26,000…
At its meeting on July 29, the Cabinet of Ministers approved changes to the regulations regarding targeted lending programs. This was announced by Prime Minister Denys Shmyhal. “After the NBU raised the discount rate, such programs as “5-7-9″, financial leasing and state portfolio guarantees slowed down. This is what the business says. Therefore, the Government…
In 2022, inflation will reach 31%, and GDP will decrease by a third. In the coming year, the economy is expected to return to growth, while inflationary dynamics will decline, the press service of the National Bank reports. “Until the end of 2022, inflation will accelerate and reach 31% given the persistence of the impact…
In recent years, Ukraine has been among the top-5 largest suppliers of organic products to the EU. Until 2030, it is planned to increase the export of organic foods to $1 billion, the Ministry of Agrarian Products and Food reports. “In recent years, Ukraine has consistently been among the top-5 largest suppliers of organic products…
Ukraine is preparing to export more electricity to consumers in the European Union, President Volodymyr Zelensky has said in his video address. “We are preparing to increase our export of electricity to consumers in the European Union. Despite such a war, we ensured the connection of Ukraine’s power grid to the energy system of the…
Ukraine will supply agricultural products to foreign markets via alternative routes if Russia continues shelling the port infrastructure, Infrastructure Minister Oleksandr Kubrakov has said. “We will move to Plan B if Russia continues shelling the port infrastructure, which we have already used before. That is, we will use the Danube ports, we will use the…