Ukraine: losses from border blockade to hit $1.5 billion in November-December 2023

The National Bank of Ukraine has projected that the reduction in Ukraine’s foreign trade volume, resulting from restrictions on freight transport movement through the western borders in November and December, may amount to $1.5 billion. Notably, the specified reduction reached $860 million in November, with an anticipated additional decrease of $620 million in December. “According…

Ukraine: agreement signed with U.S. company on purchase of equipment for Khmelnytskyi NPP Unit 5

Ukraine, together with its American partners, continues to move towards the complete removal of russia’s monopoly on the nuclear technology market. On December 17, in the presence of the Minister of Energy of Ukraine German Galushchenko, President of SE NNEGC Energoatom Petro Kotin and President and CEO of Westinghouse Electric Company Patrick Fragman signed an…