Economics

Warsaw hopes Ukraine won’t impose embargo on Polish agri-products

Warsaw hopes Ukraine won’t impose embargo on Polish agri-products

Warsaw hopes that Kyiv will not impose an embargo on the import of Polish agricultural products to Ukraine. Polish Minister of Agriculture Robert Telus said this in a commentary to PAP, Ukrinform reports. Poland has no confirmation that Ukraine has imposed restrictions on imports of fruits or vegetables, as the Ukrainian government representative said in the media, Telus stated. He hopes that there will be no such embargo, as it would unnecessarily aggravate the situation. He noted that Poland continues to hold the position that Ukrainian grain should go to the countries to which it was transported before the full-scale…
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Naftogaz declares getting out of default

Naftogaz declares getting out of default

The National Joint Stock Company Naftogaz of Ukraine has come out of default. The company's CEO Oleksiy Chernyshov announced this, Ukrinform reports. "We have made the necessary payments on Eurobonds 2022/26 in accordance with the terms of the restructuring. Thus, today Naftogaz is out of default," Chernyshov said. According to him, "Naftogaz Group's philosophy is to be reliable at all operational levels." "We will continue to prove our reliability to our partners," Chernyshov emphasized. As Ukrinform reported, in late July, Naftogaz of Ukraine received investors' consent to restructure Eurobonds maturing in July 2022 and November 2026.
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Ukraine calls on Poland to put aside emotions in grain issue

Ukraine calls on Poland to put aside emotions in grain issue

The Ukrainian Foreign Ministry has called on Poland to put emotions aside and switch to a constructive dialogue on grain exports. The ministry's spokesperson, Oleg Nikolenko, said this in a Facebook post, Ukrinform reports. Nikolenko said the Ukrainian Foreign Ministry had been informed in detail about a meeting between Ukraine's ambassador in Warsaw and Poland's deputy foreign minister. Read also: Ukraine will limit imports from Poland, Hungary if they don’t lift grain embargo - Shmyhal He said that during the meeting, the Ukrainian ambassador had once again explained the Ukrainian position on the unacceptability of Poland's unilateral ban on the…
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EU sanctions: Poland proposes ban on diamond, LNG imports from Russia

EU sanctions: Poland proposes ban on diamond, LNG imports from Russia

Poland proposes to ban the import of diamonds and liquefied natural gas from the Russian Federation within the next 12th package of EU sanctions on Russia. PAP reports this with reference to the European Union. As noted, Warsaw's proposal includes a ban on the import of diamonds from Russia, further restrictions in the service sector, in particular, a ban on the provision of information and communication technologies to entities from Russia, as well as the import of Russian liquefied natural gas (LNG). Read also: Zelensky’s Office chief, EU sanctions coordinators talk strengthening Russia sanctions Poland is also demanding further sanctions…
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Ukrainian president proposes creating grain hubs in Africa, other regions

Ukrainian president proposes creating grain hubs in Africa, other regions

In order to improve access to Ukrainian grain and strengthen global food security, Ukraine proposes setting up hubs for millions of tonnes of grain in African countries and other sensitive areas. Ukrainian President Volodymyr Zelensky said this in his speech at the Sustainable Development Goals Summit at the 78th session of the UN General Assembly, according to an Ukrinform correspondent. "Ukraine proposes very clear actions to prevent any turmoil on the global food market. We can establish hubs for millions of tonnes of grain per year in especially sensitive areas, for example, in ports of Africa," Zelensky said. Read also:…
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Ukraine to introduce measures to control grain exports to five EU member states – Shmyhal

Ukraine to introduce measures to control grain exports to five EU member states – Shmyhal

The Government of Ukraine will provide the EU and neighboring countries with customs data on the export of certain goods and collect data on the destination of shipments in the e-queue system. Prime Minister Denys Shmyhal announced this at a meeting of the Cabinet of Ministers, Ukrinform reports. "Ukraine will implement effective control and verification measures for the export of four groups of goods. We will provide the EU and our neighbors with customs data on exports of certain goods and collect data on the destination of shipments in the e-queue system. Our key position is to introduce a verification…
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Ukraine to sue Poland, Hungary, Slovakia over grain import ban

Ukraine to sue Poland, Hungary, Slovakia over grain import ban

Ukraine will file a lawsuit with the World Trade Organization (WTO) against Poland, Hungary, and Slovakia for refusing to lift the ban on imports of Ukrainian agricultural products. According to Ukrinform, deputy minister of economy and trade representative of Ukraine Taras Kachka said this in an interview with Politico. "It is important to prove that these actions are legally wrong. That's why tomorrow we will start legal proceedings," Kachka stated. He noted that Kyiv is also preparing to respond to the export of Polish fruits and vegetables. Ukraine will sue Poland, Hungary, and Slovakia at the WTO, not through its…
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Czech Republic provided Ukraine with 45 tonnes of humanitarian aid for energy sector

Czech Republic provided Ukraine with 45 tonnes of humanitarian aid for energy sector

The Czech Republic has already provided Ukraine with 45 tonnes of humanitarian aid for the energy sector. This is said in a statement published on the website of the Ministry of Energy of Ukraine. According to the ministry, Deputy Minister of Energy Yaroslav Demchenkov met with the governmental delegation of the Czech Republic consisting of Ambassador Extraordinary and Plenipotentiary of the Czech Republic to Ukraine Radek Matula, Government Commissioner for Ukraine reconstruction at the Ministry of Foreign Affairs of the Czech Republic Tomáš Kopečny and National Security Adviser at the Office of the Government of the Czech Republic Tomáš Pojar.…
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Water level in Zaporizhzhia NPP cooling pond grows to 15.95 m – Energoatom

Water level in Zaporizhzhia NPP cooling pond grows to 15.95 m – Energoatom

As of Sunday, September 17, the water level in the cooling pond at the Zaporizhzhia Nuclear Power Plant (NPP) grew to 15.95 meters. The National Nuclear Energy Generating Company Energoatom said this in a post on Telegram, Ukrinform reports. "As of 12:00 on September 17, a slight increase in the water level in the cooling pond was recorded. Currently, it is at 15.95 m," the report says. According to Energoatom, despite Russia’s blowing up of the Kakhovka HPP dam, the situation remains stable and under control. The water level in the "hot" channel of the Zaporizhzhia Thermal Power Plant, from…
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Polish PM says when embargo on Ukrainian grain imports can be lifted

Polish PM says when embargo on Ukrainian grain imports can be lifted

The embargo on Ukrainian grain imports to Poland will remain in effect until Warsaw works out an appropriate model of cooperation with Kyiv in this area. Polish Prime Minister Mateusz Morawiecki said this in his speech to voters in the settlement of Miętne near Warsaw on Saturday, an Ukrinform correspondent reports. According to him, either the European Commission will extend the import ban, extend the embargo, or Poland will introduce its embargo for the next months, quarters until a model of cooperation with Ukraine is worked out. Read also: EU does not extend ban on Ukrainian grain exports As reported,…
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