Economics

Ukrainian President Volodymyr Zelensky has held a meeting with government officials and the team of the Office of the President of Ukraine regarding further strategy for protecting the country’s interests and the principles of free trade with the European Union. The relevant statement was made by the Office of the President of Ukraine, an Ukrinform correspondent reports. The meeting took place immediately after President Zelensky’s conversation with President of the European Commission Ursula von der Leyen, which had resulted in the agreement that all temporary restrictions imposed by the EU would expire on September 15. Together with Prime Minister Denys…

In Ukraine, as of September 15, 2023, agrarians harvested 35.2 million tonnes of new grain and oilseeds. According to Ukrinform, the Ministry of Agrarian Policy and Food of Ukraine reported this. "35.2 million tonnes of new crops were harvested by farmers in all regions of Ukraine: 29.5 million tonnes of grains and 5.7 million tonnes of oilseeds," the statement said. The grain was harvested from 6.763 million hectares with a yield of 43.6 centners per hectare (c/ha). As of September 15, Ukraine has harvested 22.151 million tonnes of wheat from 4.69 million hectares (yield, 47.2 c/ha), 5.823 million tonnes of…

Ukraine and South Korea have agreed to develop infrastructure recovery projects with the involvement of Korean expertise in high technology and Korean business investments. Such agreement was reached during a joint cooperation forum, the press service of the Ministry for Communities, Territories and Infrastructure Development of Ukraine said on Facebook, Ukrinform reports. "For us, the modern Korean experience in technology and transportation is crucial. South Korea has become a true technological giant and is currently an expert leader in the field. We appreciate our colleagues' willingness to share their experience in realizing the main idea of post-war reconstruction – Build…

Bulgaria’s National Assembly approved a decision to lift the ban on the imports of various foodstuffs from Ukraine after September 15. According to The Sofia Globe, 124 MPs supported the decision, while 69 voted against. Speaking at the meeting on Thursday, Agriculture Minister Kiril Vatev said that he had been persuaded by the macroeconomic indicators presented to the Cabinet that showed that it was not a matter of concern for the ban to be scrapped. He noted that measures to control all Ukrainian goods, especially cereals, had been stepped up, with strict checks. As reported, Poland’s Council of Ministers at…

The UN Shelter and Non-Food Item (SNFI) Cluster in Ukraine plans to provide winter kits to 1 million Ukrainians. SNFI Coordinator in Ukraine John Wain stated this in an exclusive interview with Ukrinform. Last month, a special working group together with UN partners worked on winterization, developing recommendations for winterization and assistance for approximately 1 million Ukrainians. An estimated USD 200 million is needed for these activities, Wain said. He said that special winter kits have been created, which include high-temperature winter blankets, mattresses, bedspreads, electric and solid fuel heaters. Another type of assistance is the provision of fuel: firewood…

Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Danylo Hetmantsev will support the immediate opening of the register of declarations in accordance with the President's proposals to the vetoed bill that retained restrictions on e-declarations. Hetmantsev said this to an Ukrinform correspondent. "Last time, I supported the wording of the draft law in the version of the (specialized - ed.) committee. Similarly, given the President's position on opening declarations, I will support it now. That is, I will vote in favor of opening declarations," he said. The MP explained that he does not oppose the immediate…

Hungarian Agriculture Minister Istvan Nagy has said that Hungary has agreed with Romania, Slovakia and Bulgaria that the four countries would impose national bans on Ukrainian grain imports to protect their markets if the EU does not extend a ban that expires on September 15. That's according to Reuters, Ukrinform reports. "We have agreed with my Romanian, Slovak and Bulgarian colleagues that if there is no decision on the extension of the existing moratorium by Brussels, then we will take national measures individually," Nagy said. According to him, this new national ban will apply to a wider range of Ukrainian…

All funds that Ukraine independently earns are allocated for financing defense needs as priority. This was stated by Prime Minister Denys Shmyhal during a speech at the Yalta European Strategy event in Kyiv, Ukrinform reports with reference to the YES website. "All funds that Ukraine earns go to the Army. Our partners provide this opportunity, as all social and budgetary payments are covered from the partners' funds. We are extremely grateful to them for this," said the prime minister of Ukraine. Denys Shmyhal called the process of reconstruction of Ukraine a great opportunity for the country. And this process will be carried…

For the first time, the Ministry of Energy of Ukraine loaded 440-type reactors operating at Ukrainian power plants with fuel that had previously been produced exclusively in the Russian Federation. The Minister of Energy of Ukraine, German Galushchenko, announced this on the air of the national telethon, reports Ukrinform. "Today is a historic day, a historic event, because for the first time we loaded 440-type reactors with fuel, which had been produced by Westinghouse together with Ukrainian specialists," he emphasized. The minister noted that “today we put an end to Russia's monopoly on this type of fuel.” Galushchenko explained that…

Moldova has sent another batch of aid to Ukraine, worth 1.2 million lei (over $67,000), including equipment necessary for electricity supply. That's according to NewsMaker, Ukrinform reports. On September 9, employees of the General Inspectorate for Emergency Situations went to Ukraine with a batch of aid, which was allocated by the management of RED Nord and the state enterprise Moldelectrica. Moldovan rescuers brought electrical equipment to Khmelnytskyi, including cables, lamps, power transformers, various types of clamps, insulators and other equipment necessary for power supply in Ukraine.  "Moldova stands in solidarity with Ukraine and offers its constant support and assistance to…