Category: 9. Business

Following the summit, the G7 leaders adopted a declaration outlining the details of the mechanism through which Ukraine will receive up to $50B in aid secured by frozen Russian assets. The leaders of the G7 states state that Russia has caused more than $486B in damages to Ukraine and is obliged… Continue Reading

According to Secretary General Jens Stoltenberg, the plan envisages the Alliance assuming the international coordination of the supply of weapons and training for the Armed Forces of Ukraine. NATO leaders will begin this work at the Washington Summit in July. NATO will oversee the training of… Continue Reading

On the eve of the Peace Summit in Switzerland, to which Russia was not invited, the Russian president said that for peace talks to begin Ukrainian troops must completely withdraw from four of its regions. Also, Kyiv must declare that it has no plans to join NATO. In response, US Defense… Continue Reading

Ukraine and Japan signed a bilateral security agreement, under which Japan will provide Ukraine with $4.5B in 2024 and will continue to help throughout the ten-year term of the agreement. The document provides for the transfer of non-lethal equipment to Ukraine and establishes the further… Continue Reading

According to the Ministry of Agricultural Policy, since July 2023 the profitability of the main crop types has been steadily improving. However, grain production has not yet broken even, and the profitability of oil crops remains minimal. According to an updated forecast, in 2024 oil crop… Continue Reading

The head of the Odesa military administration, Oleg Kiper, said during the Black Sea Security Forum that because of the inaccessibility of ports in other regions of Ukraine, Odesa has become the sole logistics center, and that currently almost 80% of all cargo moves through the region’s… Continue Reading

The G7 countries have agreed on a loan structure based on the respective size of their economies that will provide Ukraine with about $50B in new aid, which will begin to arrive by the end of the year. According to Bloomberg, the G7 countries will issue loans to Ukraine, which will be repaid… Continue Reading

The bilateral security agreement signed between the US and Ukraine guarantees military support for Ukrainian forces both now and in the future and serves as a signal to Putin that America is ready to act decisively, said White House National Security Adviser Jake Sullivan. He said that 15… Continue Reading

At a high-level meeting of the G7+ Coordination Group on Aid to Ukraine’s Energy Sector in Berlin, Ukraine’s allies announced additional aid for Ukraine’s energy sector totaling more than $1B. The new aid pledges include more than €70M in new grant contributions to the Energy Support… Continue Reading

The head of the Ministry of Defense of the Netherlands, Kajsa Ollongren, said that Ukraine will receive the first F-16 fighter jets from its Western allies this summer. Moreover, Ukraine will have the right to use these F-16s to strike military targets in the Russian Federation. Belgium,… Continue Reading