Europe: ECSA adopts position on policy for the Arctic

European shipowners welcomed earlier this year the adoption of the integrated European Union policy for the Arctic region, ECSA said in its press release. “We believe that the three priority areas identified cover all topical Arctic matters. Climate change and environment, sustainable development and international cooperation all deserve equal attention”, said ECSA Secretary General Patrick…

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Ukraine: Poroshenko and Lagarde coordinate steps within EFF program

Ukrainian President Petro Poroshenko had a telephone conversation with the Managing Director of the International Monetary Fund (IMF) Christine Lagarde, the press service of the Ukrainian president has said. “Petro Poroshenko and Christine Lagarde coordinated steps within the development of further cooperation between Ukraine and the IMF under the Extended Fund Facility (EFF) program”, a…

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Ukraine: Poroshenko reckons on further development of economic cooperation with Saudi Arabia

President of Ukraine Petro Poroshenko reckons upon further development of economic cooperation between Ukraine and Saudi Arabia, in particular in the aircraft industry. “Another feature of the creation of the AN-132D aircraft is that it is truly an international project, and I sincerely thank our partners and customers from the Kingdom of Saudi Arabia for…

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Ukraine: over 1.3 million tons of sunflower oil exported in September-November 2016

According to the December balance sheets by NGO “Economic discussion club”, coordinated by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, in September-November the export volumes of sunflower oil from Ukraine totaled 1.33 million tons. The general export volumes of sunflower oil in the current season are forecast at 5.38 million…

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Ukraine: energy priorities for 2017

Representatives of political, business and expert circles have discussed the progress of Ukrainian energy reforms, the role of new strategic partnership in this area and priorities for 2017 at an international high-level conference on the new EU-Ukraine strategic partnership in energy and the role of business in this process in Brussels. “Having signed the memorandum…

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Ukraine: IMF chief calls PrivatBank nationalization an important step to maintain fiscal stability

Managing Director of the International Monetary Fund (IMF) Christine Lagarde has welcomed the decision of the Ukrainian government and the National Bank of Ukraine on the nationalization of PrivatBank, the largest bank in the country, as it is an important step to ensure financial stability. “Today’s decision of Ukrainian authorities to nationalize PrivatBank is an…

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Ukraine: FUIB begins the disbursement of funds to depositors of the PJSC “Bank Mykhailivskyi”

Starting on December 16, First Ukrainian International Bank (FUIB) began to disburse the guaranteed amounts of deposits to the customers of PJSC “Bank Mykhailivskyi”, that is to individuals whose funds were subject to compensation by the Private Deposit Guarantee Fund. PJSC “FUIB” disburses funds to depositors who, when concluding bank deposit/account agreement with PJSC “Bank…

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Belarus: FEZ Minsk registers composite materials manufacturer

Minsk Free Economic Zone (Minsk FEZ) hosted a resident – NanoComposite, which planned to produce polymer materials with nano particles.

Established in March 1998, Minsk FEZ is now home to 113 resident companies. (Prime-TASS/Business World Magazine)