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UNIAN: Agricultural output in Ukraine increased by 5 percent since year-start

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The growth of agricultural output in Ukraine in January-September of this year was at 4.9% compared with the same period in 2017, the State Statistics Service of Ukraine reported. In particular, agricultural enterprises increased their output by 7.8%, while private farms – by 1.9%. Crop production in the nine months of this year increased by 6.9% compared with January-September last ... Read More »

Trump Nominee Draws Scrutiny for Ties to Ukrainian Energy Interests

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WASHINGTON — As tanks, artillery and combat troops streamed from Russia into Ukraine in 2014, the United States government dispatched a multiagency team of technical experts to Kiev to help the fragile government there shore up its energy supply for the coming winter. The head of that team, William N. Bryan, was a career civil servant with an expertise in ... Read More »

Ukraine wood exports to EU countries has grown

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During a moratorium on deforestation in Ukraine, its exports to the EU countries increased by 75%, exceeding the mark of € 1 billion in 2017. About this, referring to the British non-governmental organization Earthsight, which is studying the problem of illegal deforestation around the world, writes “Dzerkalo Tyzhnya”. Recall that the abolition of the rules of trade in raw materials ... Read More »

Smuggled amber of $1 million was arrested in Ukraine’s Zakarpattia region

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Officers of the Security Service of Ukraine (SBU) jointly with the Prosecutor’s office blocked the export of smuggled amber with the weight of more than one ton to the European countries in Zakarpattia region. The press office of the SBU reports. ‘Law enforcement officers found a local resident with illegally extracted sunstone in VAN at “Luzhnyky” customs post. The stuff ... Read More »

Ukraine, Turkey create platform for dialogue between government and business

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Ukraine and Turkey have created a unique platform for dialogue with the involvement of representatives of government and business of both countries to improve the state of economic relations, increase trade turnover and overcome problematic issues in business. Ukraine’s First Deputy Prime Minister – Minister of Economic Development and Trade Stepan Kubiv said this during his visit to Turkey and ... Read More »

Corporate bonds: could this underused tool help Ukrainian businesses to expand?

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Corporate bonds are an investment instrument with considerable potential to become one of the key drivers powering Ukraine’s continued economic recovery. They can provide businesses operating in Ukraine with the resources to fuel development at a time when bank lending remains almost completely frozen. For investors, corporate bonds create the opportunity to preserve available funds and even earn despite the ... Read More »

Over 110 Ukrainians imprisoned in Greece on charges of smuggling of migrants

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Denisova urges Council of Europe Commissioner for Human Rights Dunja Mijatovic to join hands for the release of Ukrainian sailors from Greek prisons. Ukrainian Parliament’s Commissioner for Human Rights Liudmyla Denisova says 112 Ukrainian citizens are now imprisoned in Greece on charges of smuggling of migrants. “According to available information, there are 161 Ukrainians in prisons in Greece, 112 of ... Read More »

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 facing labor ‘catastrophe’ as millions of citizens flee country

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Nearly a million Ukrainians are leaving the country every year, according to Ukrainian Foreign Minister Pavel Klimkin, warning the country will face severe labor shortages in the years to come. “We are really in a catastrophic situation with a million Ukrainians leaving every year,” the minister said in an interview with Ukrainian ICTV. Klimkin said that Poland alone has received ... Read More »

Ukraine statistics show country’s biggest investor is… Russia

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Russian businesses invested $436 million in Ukraine during the first half of 2018, Ukraine’s State Statistics Service showed. That accounts for 34.6 percent of the total $1.3 billion of foreign direct investments. Cyprus was the second-largest investor at $219 million, followed by the Netherlands ($208 million), Austria ($59 million), Poland ($54 million), France ($47 million) and Great Britain ($43.4 million). ... Read More »

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 »