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Two Ukrainians imprisoned in Greece for 180 years for smuggling of migrants

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A court in Greece has sentenced Serhiy Shvayuk, a musician of the Ivano-Frankivsk band Perkalaba, and his friend Petro Lytvynchuk to 180 years in prison for smuggling of migrants. The trial took place both were found guilty, the Ukrainian news outlet Slidstvo.Info said. Interpreter of the prosecutor’s office in the city of Piraeus Lidia Kostiv said that the Ukrainians were ... Read More »

Ukraine expects record maize harvest, rising sales to China

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Ukraine’s maize harvest may hit a record 27-28 million tonnes this year and sales to China could rise by 10 percent due to the trade war between Washington and Beijing, the country’s acting agriculture minister said. China has accused the United States of triggering the “largest-scale trade war” with import duties, potentially giving a further boost to already booming grain ... Read More »

PM Groysman estimates timber smuggling at up to US$303 mln per year

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Ukrainian Prime Minister Volodymyr Groysman estimates smuggling of timber at between UAH 6 billion (US$227 million) and UAH 8 billion ($303 million) per year. “It is essential to stop this barbaric destruction of Ukrainian forests when, under the guise of low-grade wood, they deliver commercial timber. It is vital to conduct an audit of all forest husbandries, by joining efforts ... Read More »

Crabs, pigs, lions… – smuggling of animals in Ukraine is sometimes astonishing

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Lion, crabs, piglets, horses, falcons – this is a far from a complete list of species of animals that smugglers tried to move across the state border or were illegally catching but were stopped by officers of the State Border Guard Service of Ukraine. last year, in one of the ports of Odesa, border guards found a young lion, that ... Read More »

Sailors from Ukrainian vessel seized in Crimea for fishing flatfish refuse to take food

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The sailors from the Ukrainian vessel YaMK -0041 detained off the coast of Crimea have refused to take food, lawyer Edem Semedlyayev said. “The mother of one of the sailors said they are refusing to take food and are in a state of despair from uncertainty,” he said on Facebook on June 24 evening. The sailors are denied meetings with ... Read More »

Israeli PM Netanyahu to visit Ukraine

Israeli Prime Minister Benjamin Netanyahu chairs the weekly cabinet meeting at his office in Jerusalem on May 27, 2018. / AFP PHOTO / POOL / MENAHEM KAHANA

Foreign Minister of Ukraine Pavlo Klimkin has discussed bilateral relations and future visit with Israeli Prime Minister Benjamin Netanyahu. “A wonderful meeting with Prime Minister of the State of Israel Benjamin Netanyahu. His visit to Ukraine and many accomplishments in bilateral relations are expected,” Klimkin wrote. As reported, Foreign Minister of Ukraine Pavlo Klimkin pays a working visit to Israel ... Read More »

Deutsche Welle: Ukraine and Russia interests ‘far apart’ as peace talks resume in Berlin

(L-R) Minister of Foreign Affairs of Ukraine Pavlo Klimkin, French Minister of Europe and Foreign Affairs Jean-Yves Le Drian, German Federal Minister for Foreign Affairs Heiko Maas and Russian Minister of Foreign Affairs Sergey Lavrov pose for a picture at Villa Borsig in Berlin on June 11, 2018, ahead of a Normandy Format meeting on the conflict in Ukraine. / AFP PHOTO / Tobias SCHWARZ

Russia and Ukraine officials are set to meet for first time in over a year on June 11, suggesting the two sides may be prepared to restart efforts to resolve the civil war in eastern Ukraine. However, German Foreign Minister Heiko Maas, who will mediate the talks in Berlin along with his French counterpart Jean-Yves Le Drian, warned ahead of ... Read More »

Ukraine’s $1oo billion question: why is farmland sales issue so toxic?

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Ukraine is an agricultural paradise. It possesses a staggering one-third of the world’s ultra-fertile black soil (“chernozem”) and enjoys a reputation as one of the most farming-friendly countries on the planet. Even the Ukrainian flag, with its depiction of golden crops under a blue sky, is an ode to this ancient agrarian heritage. Meanwhile, Ukraine’s strategic location at the crossroads ... Read More »

UKRAINE’S $1OO BILLION QUESTION: WHY IS FARMLAND SALES ISSUE SO TOXIC?

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Ukraine is an agricultural paradise. It possesses a staggering one-third of the world’s ultra-fertile black soil (“chernozem”) and enjoys a reputation as one of the most farming-friendly countries on the planet. Even the Ukrainian flag, with its depiction of golden crops under a blue sky, is an ode to this ancient agrarian heritage. Meanwhile, Ukraine’s strategic location at the crossroads ... Read More »

Ukraine’s government may inject more funds into Oschadbank’s capitalization

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KIEV: The Ukrainian government may inject more funds into the additional capitalization of state-run Oschadbank. According to him, the government’s additional capitalization of Oschadbank in 2014-2016 was due to such developments as the Russian occupation of Ukrainian territory, hostilities in eastern Ukraine, the weakening of the hryvnia and the bank’s “politically motivated” loan portfolio formed in previous years. “Additional capitalization ... Read More »

Ukraine is about to make another crucial step toward Europe

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This Thursday, the Verkhovna Rada (the parliament of Ukraine) is expected to consider a historic proposal to replace 25-year-old foreign exchange legislation with an entirely new law that will open our country to international investors and make it easier for Ukrainian businesses to operate globally. Technical though it may seem, liberalization of our arcane foreign exchange controls will make Ukraine ... Read More »

Savchenko ready to serve 22 years in Russian jail in exchange for 60 Ukrainian prisoners

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Ukrainian Member of Parliament Nadiia Savchenko, who is suspected of plotting terrorist attacks and seizing state power, says she is ready to serve 22 years in Russian prisons in exchange for 60 Kremlin hostages from Ukraine. “As for me, I understand what could be my fate in Russia. If 60 Ukrainian captives and Crimean Tatars who are being held in ... Read More »

Ukrainian ‘snipers’ threaten Russian diplomat at UN headquarters – Zakharova

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UNITED NATIONS: Participants in Kiev’s military operation in southeastern Ukraine threatened a Russian diplomat with death at the United Nations headquarters, Russian Foreign Ministry Spokeswoman Maria Zakharova told reporters. According to her, the incident took place, following a meeting on propaganda and fake news arranged by the Ukrainian delegation, which it claimed to be part of a session of the ... Read More »

Can sanctions against Russian oligarchs hit their Ukraine property

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A few years ago, the dependence of the Ukrainian economy on that of its northern neighbor was so strong that a sanctions strike against Russia would ricochet violently over Ukraine. However, despite the fact that the hryvnia today saw no damage from the ruble plunge, a new package of Russia sanctions could still affect certain Ukrainian companies. Several days following ... Read More »

US defense budget draft includes $250 mln for Ukraine

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US lawmakers are offering to allocate a US$250 million security assistance package to Ukraine, as they pass the 2019 defense budget draft. The US House of Representatives Armed Forces Committee on May 7 presented the Fiscal Year 2019 National Defense Authorization Bill (H.R. 5515) envisaging $250 million in security assistance to Ukraine, according to the Ukrainian Embassy in the United ... Read More »

Ukraine cuts imports from Russia but boosts pharmaceutical exports to Russia

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KIEV:  Ukraine in January-February 2018 considerably increased exports of medicines to Russia, cutting their imports from the country. According to the State Statistics Service, in January-February 2018, Ukraine exported medicines for $3.5 million to Russia, which is 18% more than a year ago. Imports of medicines from Russia to Ukraine over the period fell by 40.4%, to $2.85 million. Last ... Read More »

UK inheritance tax receipts reach record £5.2bn

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KIEV: The 8% rise, representing £400m, for the latest tax year comes despite the government introducing the residence nil-rate band (RNRB) allowance in April 2017. The RNRB, combined with the traditional nil rate band, allows married couples to pass on a family home worth up to £850,000 tax-free. Under the government’s current plans, the RNRB will be increased each year ... Read More »

Ukrainian sunoil exports decreased 11% in 2018

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KIEV: According to the State Fiscal Service of Ukraine, Ukrainian sunoil exports totaled 1.41 MMT to an amount of USD 1.06 Bl in January-March 2018 that was down 11.07% year-on-year. The top sunoil importers at the time included India (USD 507.85 Ml worth), Iraq (USD 71.59 Ml worth) and Spain (USD 66.23 Ml worth). Sunoil supplies to these countries totaled ... Read More »

Ukraine crime gang hid proceeds in luxury London flats

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KIEV: The gangsters, and in some cases family members, bought luxurious property in prime London locations, including a £12.5m flat. The daughter of a man dubbed the “Don of Odessa” is the registered owner of three homes in one expensive block. The gang were from the Black Sea port of Odessa and made money in the oil industry. They came ... Read More »

Ukraine Sunseed exports close to an abysmal low

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KIEV: Ukraine exported 3.8 KMT of sunseed in February 2018 that is up 58% from the previous month but down 67% from February 2017 (11.5 KMT). Exports statistics for September-December 2017/18 are much poorer than a year ago: 22.5 KMT against 149.6 KMT, respectively. Due to a sunseed crop shortfall and tough competition from domestic crushers, Ukrainian sunseed exports at ... Read More »