Tag: Economy

In a significant move to enhance transparency and control within the tobacco industry, Ukraine is set to launch the “eTobacco” portal in February 2025

In a significant financial boost for Ukraine, the European Union has approved the allocation of €1.5 billion from the profits generated by frozen Russian assets

Minister of Foreign Affairs of Ukraine, Dmytro Kuleba, announced that Mexico will resume operations at its embassy in Ukraine

Canada has announced a significant financial commitment to aid Ukraine’s reconstruction efforts, with more than $28 million USD allocated to various projects

Bridget Brink, the US ambassador to Ukraine, has made a notable visit to Odesa. The US Embassy in Ukraine announced the visit on Telegram, highlighting the significance of the city

The National Bank of Ukraine (NBU) has announced a reduction in the discount rate from 13.5% to 13%, effective June 14, 2024

Germany is committed to ensuring that Ukraine can export at least 7.2 million tons of agricultural products every month in 2024, continuing the trend established since the onset of the full-scale war

President of Ukraine, Volodymyr Zelenskyy, has unveiled the agenda for Ukraine’s involvement in the G7 summit, which includes leaders from Italy, Germany, the United Kingdom, the United States, Canada, France

Norway will transfer grenade launchers worth nearly €42 million to Ukraine to meet the urgent needs of the Armed Forces of Ukraine

Germany has announced a new contribution of EUR 50 million to Ukraine’s Energy Support Fund, bringing its total contribution to over EUR 275 million

In the first five months of 2024, tax revenues from Ukraine’s gambling business surged, bringing UAH 7.38 billion into the state budget

Canada has announced the extension of its exemption from customs duties on goods originating from Ukraine for an additional year

Since the beginning of the year, 7,630 agricultural enterprises in Ukraine have secured nearly UAH 51 billion in bank loans for their development

On Sunday, June 9, US President Joe Biden announced that he had reached an agreement with French President Emmanuel Macron to use profits from frozen Russian assets to support Ukraine

The US Department of Defense has disclosed the contents of a new military aid package for Ukraine, valued at $225 million

During the negotiations between the Presidents of Ukraine and the United States, Volodymyr Zelenskyi and Joe Biden, held in Paris, President Biden announced a new aid package for Ukraine worth $225 million

Switzerland will provide financial assistance to Ukraine for the digitization of public services

For the third consecutive month, Ukraine has exported more than 3 million tons of corn, bringing the total exports from September 2023 to May 2024 to 23.7 million tons

The “visa-free trade” agreement between Ukraine and the European Union has officially come into force, effectively suspending all import duties and quotas on Ukrainian exports

On Friday, June 7, President Volodymyr Zelenskyi and French President Emmanuel Macron will sign two significant agreements totaling €650 million to support Ukraine

The labor force in Ukraine has seen a significant decline since the start of the war, with a reduction of 2.1 million people, or approximately 12%, bringing the total labor force down to 15.2 million

On June 6, the Verkhovna Rada ratified the Framework Agreement on financing from the European Union under the Ukraine Facility program

On Wednesday, June 5, President of Ukraine Volodymyr Zelensky arrived in Qatar for an official visit aimed at engaging in high-level discussions with His Highness Sheikh Tamim bin Hamad Al Thani

Since the onset of the full-scale war, Ukraine has transferred ownership of 58 companies, previously owned by collaborators, Russians, or individuals associated with and supporting the war, to the state