This statement was made by State Department spokesperson Tammy Bruce, who commented on reports that the Ukrainian military had captured two Chinese citizens fighting alongside Russia. She also highlighted that approximately 80% of the dual-use products that Russia…
Category: 9. Business
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Ukraine’s European partners are increasing their support for the reconstruction: How much money is being provided, and which projects are prioritized?
Ukraine and Switzerland have signed an agreement amending the memorandum between the Ministry of Economy and the Swiss State Secretariat for Economic Affairs (SECO), which calls for a 100% increase in funding for reconstruction projects in Ukraine – up to CHF 100M…
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Russia launches a spring offensive in two regions and continues its terror campaign, shelling Ukrainian cities.
The Russian military has effectively initiated a second offensive in the Sumy and Kharkiv regions despite ceasefire negotiations and agreements, stated the Commander-in-Chief of the Armed Forces of Ukraine, Oleksandr Syrsky.
Furthermore, on the evening of April 8 the…
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Businesses call for the restoration of Mykolaiv port operations and ensuring Kherson’s security to enhance export efficiency.
Ukrainian business has urged the government to reopen the Mykolaiv port and facilitate the evacuation of vessels that have been blocked since the onset of the full-scale invasion. Additionally, the EBA suggests restoring security at the Kherson port to initiate its…
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The EU reports record agricultural export volumes, with Ukraine a leading exporter to the bloc.
EU agri-food exports reached a historic €235.4B last year, marking a 3% increase compared to 2023. Grain, dairy products, and wine top the list of goods exported from the EU. In terms of its share of European agricultural exports, Ukraine ranks 13th, with a value of…
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Ukraine has received €1B in aid from Russia’s frozen assets, and the EU is sending another €2B.
As part of the G7 initiative (ERA), the EU has transferred €1B to Ukraine, with the return of funds made possible through income from frozen Russian assets. This marks the third tranche from the EU under the ERA program, bringing Ukraine’s total amount received to…
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Trump’s tariffs could severely impact Russia’s oil revenue.
While Moscow has managed to evade US President Trump’s tariffs, the Russian budget will still endure consequences from Washington’s trade war. The Telegraph reports that a threat to Russia has emerged from a steep decline in oil prices, as traders anticipate a global…
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The largest private railway freight operator in Ukraine plans to build a modern container terminal in Fastiv.
Last year, Lemtrans transported 15.9 million tons of cargo and aims to establish a container terminal in Fastiv (Kyiv region) that will serve as a strategic logistics hub for both the region and the country. The terminal’s opening will optimize logistics chains, expand…
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Ukraine is seeking an investor for oil and gas fields in western Ukraine, while Ukrnafta will develop a hydrocarbon field previously claimed by Chevron.
The government has approved two competition proposals for two areas in western Ukrainian oil and gas fields in the area of Mezhyhirsk and Svichansk, located within the Lviv, Ivano-Frankivsk, and Chernivtsi regions. The proposed cooperation will take place under a…
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The Czech Republic has transferred all its Soviet-style tanks to Ukraine.
Recently, Czechia completed the transfer of all its Soviet-style T-72M1 tanks to Ukraine after decommissioning them. The Czech Republic once possessed 86 T-72M1 tanks, which it inherited from the Czechoslovak Republic era. Some were eventually upgraded to the T-72M4…
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