Tag: Economy

Ukrainian apple prices have surged significantly this week, reaching new heights

Ukrainian President Volodymyr Zelensky has extended an invitation to former US President Donald Trump to visit Kyiv

The European Union plans to ramp up its production of artillery shells to support Ukraine, with an estimated output of 1.3 to 1.4 million units by the end of 2024

In his evening video address on January 20, Ukrainian President Volodymyr Zelensky revealed significant diplomatic efforts on the international front, notably regarding security guarantees for Ukraine

Next week, the European Commission (EC) is set to propose trade measures concerning Ukrainian agricultural products

Estonia has pledged to allocate an annual sum of €14 million to aid Ukraine’s development. This commitment is outlined in the country’s state budget strategy, as explained by Marijn Ratnik, the Vice-Chancellor of Estonia’s Ministry of Foreign Affairs.

The United States, South Korea, and Japan have collectively condemned North Korea’s military cooperation with Russia, particularly the supply of weapons being used in Russia’s war against Ukraine

The United Nations and its partners are calling for $4.2 billion in donor support for 2024 to aid communities affected by the war in Ukraine and Ukrainian refugees, as reported by Reuters.

The recent agreement between Ukraine and the UK, signed by Ukrainian President Volodymyr Zelenskyi and British Prime Minister Rishi Sunak, marks a significant development in the international response to Russian aggression

Ukraine’s President Volodymyr Zelenskyi and UK Prime Minister Rishi Sunak have inked a landmark security cooperation agreement, marking a significant step in bilateral relations.

Ukraine’s merchandise turnover for the year 2023 reached $99.4 billion, with the country importing goods worth approximately $63.5 billion and exporting goods valued at $36 billion.

As of early 2024, Ukraine has successfully implemented 309 NATO standards, surpassing the adoption rate of some member states from the Alliance’s recent expansion, according to Deputy Minister of Defense, Lieutenant General Ivan Gavrylyuk, in an interview with Ukrinform.

Estonia has pledged long-term financial support to Ukraine until 2027, totaling €1.2 billion

On January 8, White House officials convened with representatives from technology and defense companies to strategize on weapon production for Ukraine. This gathering was aimed at addressing key technological challenges faced by Ukraine in its ongoing conflict.

Ukraine is set to introduce medical cannabis following the passage of a new law, with its implementation expected in the second half of 2024

U.S. President Joe Biden has urged Republican members of Congress to expedite the approval of additional funding, which includes more than $60 billion in aid for Ukraine, following the 2024 government funding deal

Oil prices witnessed a decline on Monday, following a notable rise on Friday and overall gains last week

The United States plans to adjust its military support for Ukraine in 2024, shifting focus towards helping Ukraine develop its own military-industrial capabilities, as opposed to the levels of direct military funding provided in 2022 and 2023.

The National Bank of Ukraine (NBU) has announced the easing of several currency restrictions, aimed at facilitating financial support for Ukrainians affected by the war, enhancing the export and import of electricity, and upholding the rights of foreigners in Ukraine, especially regarding medical care.

The Ukrainian Cabinet of Ministers has ratified resolutions to continue licensing and quota restrictions on certain exports and imports for 2024

Ukrainian President Volodymyr Zelenskyi revealed on Twitter that in 2023, the United States delivered 34 packages of military aid to Ukraine, amounting to over $24 billion

Ukraine has inaugurated its first embassy in West Africa, situated in Accra, the capital of Ghana

Lithuania has dispatched a new batch of military assistance to Ukraine, as reported by the country’s Ministry of Defense

The European Union has reached a unanimous agreement on a groundbreaking financial support package for Ukraine, amounting to 50 billion euros to be disbursed by 2027