Morocco is Ukraine’s fifth largest trading partner among African countries. In 2021, bilateral trade turnover reached $630 million. Due to the full-scale Russian aggression, trade volumes decreased, but in 2025 they recovered to about $250 million. This was stated by the Deputy Minister of Economy, Environment and Agriculture of Ukraine Taras Vysotsky during the Ukrainian-Moroccan…
If Russia closes its market to Armenian products, the European Union will open its 450-million-consumer market to Armenian goods, European Commission President Ursula von der Leyen has said during a meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan. In addition to economic guarantees, von der Leyen said the EU also planned to make significant…
The Council of Ministers has approved the draft state budget for 2026, with Finance Minister Galab Donev saying the proposal now moves to the National Assembly for detailed debate and amendments, where he expects “serious, responsible and meaningful work” on its final shape. Presenting the main parameters after the cabinet meeting, Donev said discussions with…
Armenian Economy Minister Gevorg Papoyan said the export restrictions imposed by Russia were the kind of challenge needed to encourage diversification of the country’s economy. Speaking to reporters after a meeting of the Civil Contract party board, Papoyan said tomatoes continue to be exported, while a significant share was also being sold on the domestic…
EUR 3.9 billion from the European Union has been transferred to the special fund of the state budget of Ukraine. This is the first disbursement under the first EUR 5.01-billion defence tranche of the Ukraine Support Loan. The funds will be directed to financing priority defence needs, including strengthening the capacity of Ukraine’s defence industry…
The Ministry of Finance of Ukraine has updated the Procedure for the Application of the Common Reporting Standard and Due Diligence of Financial Account Information (CRS). The standard takes into account the development of the modern financial system, in particular, the spread of electronic money, central bank digital currencies and financial instruments related to virtual…
Lithuanian President Gitanas Nauseda has proposed a new model for fixed-term work permits for foreigners and submitted legislative amendments to parliament. The President’s Office said on June 29 that the head of state aimed to improve migration management while addressing labour shortages in the national economy. Nauseda said Lithuania needed “well-managed, legal and efficient migration”…