The last two months demonstrated the Ukrainian government’s intent to prevent VAT refund amount reduction after its significant decrease in August. However, government will need from six months to a year to gain the market’s confidence. According to government’s representatives, as of October 26, the state VAT debt declined to 16 billion UAH. Experts hope…
A number of documents were signed in Ljubljana on November 8, in the presence of presidents of Ukraine and Slovenia, Petro Poroshenko and Borut Pahor, press secretary of the Ukrainian president Sviatoslav Tseholko has said. “Ukraine and Slovenia have signed a memorandum of understanding in energy efficiency and alternative fuels”, Tseholko wrote on Twitter. In…
Projects in the pharmaceutical sector, the sphere of agriculture technologies and high-technology industry may accelerate cooperation between Russia and Israel and stimulate growth of mutual trade, Prime Minister Dmitry Medvedev said. At present, trade between the countries amounts to $2 billion, he said, adding that the figure had fallen by around 30% due to the…
The Cabinet of Ministers has approved of the terms of attracting credits by business entities that are residents of Ukraine within the program to improve the country’s defense capability and security under state guarantees for a period of not less than 3 years and under not more than 19% per annum. According to cabinet resolution…
China is interested in placing its production at Ukrainian industrial parks and has already provided the Ukrainian side with the corresponding plan of cooperation, Vice President of the China International Chamber of Commerce Lu Jianzhong has said. “We see that the investment climate in Ukraine, as well as relations between Ukraine and China are improving.…
Ukraine expects that Chinese investors will help Ukraine develop future technologies, including the creation of the so-called smart cities in Ukraine. Deputy Presidential Administration Head Dmytro Shymkiv stated this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “We very much welcome the prospect of attracting Chinese investors to the Ukrainian…
Ukrainians in October 2016 sold to banks $113.9 million more foreign currency than bought, according to the website of the National Bank of Ukraine (NBU). According to the regulator, this is $169.5 million, or 60% less than in the previous month. The volume of foreign currency sales by the public in October decreased by 48.7%,…