Tag: Investments

Starting from January 2025, patients in Ukraine may have access to medicines derived from medical cannabis

The House of Commons of the Canadian Parliament has given the green light to allocate 764 million Canadian dollars (approximately $587 million) in military assistance to Ukraine, marking a significant boost in support for the country’s defense needs

President Volodymyr Zelenskyy has expressed profound gratitude and underscored the strategic significance of the United States allocating $20 billion to Ukraine under the G7 Extraordinary Revenue Acceleration (ERA) mechanism

The International Air Transport Association (IATA) has forecasted that the global aviation industry will achieve a record-breaking $1 trillion in revenues in 2024, driven by robust passenger demand and the easing of travel restrictions

The U.S. State Department has officially approved a significant sale to Ukraine valued at $266.4 million, aimed at providing comprehensive maintenance services for F-16 fighter aircraft and associated equipment

Seven leading banks in Ukraine are set to sign a memorandum aimed at tightening control over financial transfers

Ukraine is set to form a dedicated legal team aimed at holding Russia accountable across all possible jurisdictions

The Council of the European Union has today voted to approve the second planned payment for Ukraine, amounting to approximately €4.2 billion, under the EU Ukraine Facility initiative, according to the Ministry of Economy of Ukraine

The United States of America has unveiled a substantial new aid package for Ukraine, valued at $988 million, as of the evening of December 7

Denmark has allocated additional funds to expedite the purchase and delivery of weapons to the Armed Forces of Ukraine

Oleh Nikolenko, the Consul General of Ukraine in Toronto, has made a compelling case for Canadian investors to seize the opportunity to invest in Ukraine immediately, rather than waiting for the cessation of hostilities

The Ministry of Finance of Ukraine has announced a substantial allocation of UAH 23.4 billion in the national budget for 2025 aimed at bolstering the country’s business sector

Finland has dispatched its 26th batch of defense aid to Ukraine, comprising essential winter equipment aimed at enhancing the capabilities of the Ukrainian Armed Forces during the harsh winter months

Ukraine and the European Union (EU) have formalized a crucial financial arrangement by signing an agreement aimed at utilizing proceeds from frozen Russian sovereign assets

The Ministry of Education and Science of Ukraine has announced a substantial support initiative from UNICEF Ukraine aimed at enhancing the winter preparedness of educational institutions across the country

Denmark has pledged €6 million to support the restoration of Ukraine’s energy infrastructure, which has suffered significant damage due to Russian attacks

Foreign Minister Andriy Sybiga and US Secretary of State Antony Blinken officially signed a memorandum of understanding (MoU) on Tuesday, December 3, aimed at bolstering Ukraine’s energy sector

The inaugural “green” auctions in Ukraine’s energy sector have fallen short of expectations, signaling significant hurdles in the country’s transition to renewable energy sources

The Ukrainian government has awarded state grants to four additional agricultural enterprises as part of the “eWork” program, aimed at supporting small and medium-sized businesses in the horticulture, berry growing, viticulture, and greenhouse farming sectors

Germany has committed to providing a substantial €650 million military aid package to Ukraine by the end of 2024, reinforcing its support amid ongoing tensions with Russia

The National Bank of Ukraine (NBU) has officially launched the new version of its electronic payments system, SEP-4.1, effective December 1, 2024

The Cabinet of Ministers of Ukraine has officially approved a new state property policy aimed at overhauling the management of state assets and attracting substantial investment into the country’s economy

António Costa, the newly elected President of the European Council, made a significant announcement during his visit to Kyiv on December 1, 2024, alongside Kaia Kallas, the EU High Representative for Foreign Affairs and Security Policy

Ukraine has secured its first tranche of budgetary aid from South Korea, amounting to $100 million, as announced by Prime Minister Denys Shmyhal