Tag: Economy

Chord Energy and Enerplus have announced a merger, forming a new oil and gas company valued at $11 billion

New Zealand has pledged $25.9 million in assistance to Ukraine, also focusing on creating mechanisms to counteract sanctions evasion against Russia

Canada has committed to supporting the Czech Republic’s initiative by allocating 30 million Canadian dollars (approximately 23 million US dollars) for the procurement of ammunition for Ukraine

In 2023, Ukraine witnessed a record-breaking number of new sole proprietorships (FOPs), with nearly 315,000 registrations

In 2024, Ukraine is set to offer foreign traders up to 10 billion cubic meters of capacity within its underground gas storage facilities (UGS), as announced by Naftogaz

Alain Berset, the former President of Switzerland and a candidate for the head of the Council of Europe, has arrived in Ukraine for an official visit

The Government of Ukraine, in collaboration with the World Bank Group, the European Commission, and the United Nations, released the RDNA3 report, detailing the updated assessment of damages and recovery needs due to Russia’s full-scale invasion

Sweden has committed to providing Ukraine with its largest military aid package to date, valued at approximately $683 million

Japan has announced a significant support package of 1.25 billion euros aimed at backing Japanese investors in Ukraine, unveiled during the conference on economic development and recovery in Tokyo

Over a recent weekend, a record was set as 32 ships navigated out of the Great Odesa port region through the designated sea corridor

Ukraine and Japan have taken significant steps to enhance their economic and environmental partnership through the signing of the Convention on the Elimination of Double Taxation regarding income taxes and the prevention of tax evasion and avoidance, accompanied by a related Protocol

The European Bank for Reconstruction and Development (EBRD), in collaboration with the Italian government, is set to allocate €200 million towards the restoration of hydroelectric power plants in Ukraine, severely impacted by war-induced damages and destruction

The United Kingdom, in collaboration with Latvia, is set to spearhead a Drone Coalition for Ukraine, aiming to boost Kyiv’s UAV capabilities in its defense against russia

The World Bank has revised its estimate for the reconstruction of Ukraine, now projecting nearly $486 billion is needed, as stated by Prime Minister Denys Shmyhal

Since the onset of the 2023/24 marketing year, Ukraine has achieved a significant milestone by exporting nearly 9.98 million tons of wheat, as reported by Barva Invest analysts citing the State Customs Service’s data

The U.S. Senate has successfully passed a bill aimed at providing assistance to Ukraine, Israel, and Taiwan

The Ministry of Economy of Ukraine has inked a memorandum of understanding with Nasdaq, the premier global technology entity, to bolster the Ukrainian economy and enhance its capital market

Ukrnafta PJSC, Ukraine’s leading oil production company, has announced the commencement of three exploratory drilling operations in the western part of the country

An International Monetary Fund (IMF) delegation has landed in Kyiv, Ukraine, to commence negotiations with Ukrainian government officials and international partners

On February 8, 2024, Ukraine and the United Kingdom took a significant step towards strengthening their trade relations

Finland has announced the dispatch of its 22nd military aid shipment to Ukraine, with a value of 190 million euros

Ukraine has successfully opened its fish and fish products market to Kuwait, marking a significant milestone for Ukrainian producers

“Ukrgazvydobuvannya,” a subsidiary of Naftogaz of Ukraine, has successfully commenced operations at two new high-capacity gas wells this week, each delivering a substantial output of 550,000 cubic meters of gas daily

The United Kingdom has announced the extension of its duty-free trade agreement with Ukraine for an additional five years, as confirmed by the country’s Ministry of Business and Trade on February 8