Category: 9. Business
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Three industrial parks receive ₴347.5M in grant funds from the state for infrastructure development.
Three more industrial parks in the Zhytomyr, Zakarpattia, and Vinnytsia regions received state funding under the Made in Ukraine policy in the total amount of ₴347.5M ($8.5M). The Korosten industrial park in Zhytomyr Oblast will receive ₴83.5M of the required ₴167M from the state for the… Continue Reading
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Stoltenberg: Each ally individually determines the conditions for the use of the weapons they provide to Ukraine.
Each NATO member state must independently decide whether to allow Ukraine to strike targets on the territory of the Russian Federation with its weapons, said NATO Secretary General Jens Stoltenberg. He added that granting such permission has its own risks, but they may be justified. “The… Continue Reading
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Europe lacks the unity to double support for Ukraine while the resources are there.
Since the war began, Europe has provided significant assistance to Ukraine, which is something that Putin did not count on, and can increase its support to compensate for a potential termination of the US’ support for Kyiv. For this, Europe needs more unity and cohesion, particularly in the… Continue Reading
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The EU will provide Ukraine with up to €40B in new loans by the end of the year, regardless of the US’ decision.
The FT writes that unilateral actions are taking place against the background of Brussels’ concern that Hungary will prevent the bloc from providing the guarantees the US needs to participate in the frozen asset-secured loan plan. Therefore, the EU is considering providing loans (also secured… Continue Reading
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The first and key round of the negotiation process for Ukraine’s EU accession has started in Brussels.
On September 17-19, a bilateral Ukraine-EU session will be held in Brussels, dedicated to the key negotiating chapter on the rule of law. The negotiations will take place within the scope of screening Ukrainian legislation for compliance with European legislation. “This is the start of the… Continue Reading
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Leasing of Ukraine’s state lands next year will generate ₴8B for the budget.
Through the Land Bank’s implementation, Ukraine will receive several billion hryvnias from the lease of state lands next year, which will contribute to the country’s economic development, said Minister of Agrarian Policy Vitaly Koval. According to him, the project’s goal was to enable… Continue Reading
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Ukraine has started accepting applications for business support within the Ukraine Facility program, which could bring €40B in investment to the economy.
In September, Ukraine officially began accepting applications from businesses to participate in the Ukraine Investment Framework program – a preferential lending and investment attraction tool, said Economy Minister Yuliya Svyrydenko. “Businesses can receive preferential lending from the… Continue Reading
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Due to the Pentagon’s concerns about its weapons stockpiles, military aid packages for Ukraine from the US have decreased.
The stockpile of weapons and other military equipment in the Pentagon is decreasing, and because of this, the volumes of military aid packages to Ukraine have become smaller in recent months. American arms manufacturers are struggling to keep up with the huge demand created by the Russian… Continue Reading
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Germany and Kazakhstan discuss ways to achieve peace in Ukraine.
The President of Kazakhstan, Kassym-Jomart Tokayev, during a meeting with Chancellor of Germany Olaf Scholz on September 16 in Astana, stated: “The possibility of achieving peace still exists. It is necessary to carefully consider all the peace initiatives of various states, stop hostilities,… Continue Reading
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The West finances the Russian military by increasing its purchases of fuel derived from Russian oil.
In the first half of the year, the EU, the US, Britain, and other countries that support Ukraine bought fuel produced from Russian crude worth about $2B from Turkish refineries. Meanwhile, Turkey benefits from Moscow’s discounts, increasing its annual purchases from Russia by 70% this year…. Continue Reading