Despite the ongoing Russian aggression against Ukraine and EU sanctions, Russian manufacturers continue to receive substantial income from exports of metal products and minerals to the EU, particularly pig iron and semi-finished steel products. Last year, Russian exports…
Category: 9. Business
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The EU has a proposal to double military aid to Ukraine if Trump fails to persuade Putin to conclude peace.
EU Commissioner for Defense and Space Andrius Kubilius stated that the US and the EU currently allocate about €40B annually for military assistance to Ukraine. He believes these funds could be used more effectively if directed towards purchasing weapons directly from…
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The IMF recommends increasing several tax rates to satisfy Ukraine’s 2026 state budget.
At the 2025 Spring Meetings in Washington, the IMF provided Ukrainian government officials with various recommendations on addressing the state budget for 2026. It is noted that representatives from Ukraine and the IMF discussed tax increases, particularly regarding VAT…
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The EU is set to extend the preferential import regime for Ukrainian metallurgical products.
On May 8, the European Parliament will consider the issue of introducing a preferential regime for exports of Ukrainian steel and iron to the EU following the conclusion of the visa-free trade period on June 5 2025. The European Commission noted that, despite the…
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A modern potato storage facility with a capacity of up to 10,000 tons will be built in the Chernihiv region.
This year, the Desna farm plans to construct a modern storage facility capable of handling 8,000-10,000 tons of potatoes in the Chernihiv region. The company will secure funding through the Affordable Loans 5-7-9% program for the project’s implementation. The…
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Top Ukrainian agribusinesses increased their revenue by 70% in 2024.
Agribusinesses listed in the Opendatabot Index generated ₴146B in revenue last year, reflecting an overall revenue increase of 70%. For the first time since the onset of the full-scale war, all leaders reported profits, which total ₴19.92B ($480M). More than half of…
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Ukraine is ready for a ceasefire starting May 7, but it must be 30 days in length.
President Zelenskyy described the initiative proposed by the Russian president for a three-day truce from May 7 to 9 as a theatrical performance intended to suggest that Russia is emerging from isolation.
“It is impossible to develop any plan for the next steps needed…
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The US will suspend its mediation in peace negotiations between Ukraine and Russia if there is no progress in order to attend to more important global matters.
Currently, the US’ attention is also demanded in other regions needing diplomatic engagement, as noted by State Department spokesperson Tammy Bruce on May 1. Secretary of State Marco Rubio, along with Trump’s national security adviser, suggested that the US…
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On May 8, the Ukrainian Parliament plans to ratify the economic partnership agreement with the US regarding the establishment of a Reconstruction Investment Fund.
The agreement with the US entails the establishment of the Reconstruction Investment Fund, which will be jointly managed by Kyiv and the Washington. The fund will be registered in the US, but the account for contributions will be established in Ukraine and denominated in…
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The long game: Profits from the US mineral deal may not materialize for more than 10 years.
The returns from the Ukraine-US mineral deal are likely to emerge in 10 years or more, because investors will encounter specific challenges in implementing projects connected with it. The development of strategically vital minerals in countries with established mining…
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