Britain extends duty-free trade with Ukraine for five years, and trade has increased by 20% to $1.4B. The UK Department for Business and Trade announced that duty-free trade will be extended for all goods for five years, except for eggs and poultry, for which the regime will be extended only for two y... #DutyFreeTrade #UkraineBritainTrade #UkraineEconomy #YuliyaSvyridenko #ВідвантаженнятоварівУкраїна
Ukraine exported record volumes during the war, and for the first time, a ship has been insured against war risks. Domestic producers exported 12 million tons of products in January, two million tons less than in pre-war January 2022. The Ministry of Economy noted that 8.7 million tons were exported by sea. As Min... #BlackSeaCorridor #MilitaryRiskInsurance #UNITYinsurance #YuliyaSvyridenko #ВідвантаженнятоварівУкраїна
The British Stock Exchange and a lobby group will help Ukraine attract investment. On January 23, the Ministry of Economy of Ukraine signed a memorandum of understanding with the London Stock Exchange (LSE) and TheCityUK, the most influential lobbying group in the UK’s financi... #BritishStockExchange #BruceCarnegieBrown #LondonStockExchange #TheCityUK #YuliyaSvyridenko
Ukraine is launching the Ukraine Development Fund and anticipates $30B in investment over four years through the Ukraine Facility. At the World Economic Forum in Davos, Minister of Economy Yuliya Svyridenko reported that work is underway on the Ukraine Development Fund and other instruments for attracting investment. “In 2023, th... #Davos2024 #InsuranceUkraine #InvestmentsinUkraine #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
The state will focus on launching joint defense enterprises with Western companies and developing industrial parks. In 2024, Ukraine aims to create joint defense enterprises with Western companies and localize the production of weapons, demining equipment, and other military equipment, Minister of Economy Yulia Svy... #DefenseEnterprises #DefenseIndustryUkraine #IndustrialPark #UkraineEconomy #YuliyaSvyridenko
Ukraine has developed mechanisms to insure investments against war risks. The Ministry of Economy of Ukraine has worked in three key directions: access to financing of investment projects, insurance of military and political risks, mechanisms of support, and state stimulati... #InsuranceUkraine #InvestmentsinUkraine #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
The government presents the largest investment projects in the Dnipropetrovsk region. Minister of Economy Yulia Svyridenko has described investment projects by large companies in the Dnipropetrovsk region. Interpipe is implementing three projects, the largest of which is constructing a... #ArcelorMittal #Biosphere #BusinessInvestments #InterpipeUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine expects $90B in manufacturing industry investment over the next 10 years. “Our goal is to increase the share of the processing industry in GDP from 8% to 20%. It is planned to attract $90B in investment for manufacturing enterprises over 10 years,” said Economy ... #InvestmentsinUkraine #Manufacturing #ProcessingPlantUkraine #UkraineRecovery #YuliyaSvyridenko
Seven state-owned joint-stock companies are selling their assets at public auctions. These sales will take place according to new rules regarding online auctions in the electronic trading system Prozorro.Sales, the Ministry of Economy reported. Electronic auctions for the sale and lea... #AuctionUkraine #PrivatizationUkraine #ProzorroUkraine #UkrainianRailways #Ukrposhta #YuliyaSvyridenko
At Rebuild Ukraine in Toronto, Ukraine called on Canadian businesses to invest. The deputy head of the Office of the President of Ukraine, Rostyslav Shurma, said at the conference that Ukraine provides two opportunities for Canadian investors to make money: the first is the recon... #InvestmentsinUkraine #MaryAngie #RebuildUkraine #RostyslavShurma #UkraineReconstruction #YuliyaSvyridenko
Ukraine launches a Ship Insurance Fund. The $50M fund, created on November 14 together with the British government and a pool of insurance companies, may become operational as early as this week, said Minister of Economy Yuliya Svyridenko. ... #InsuranceUkraine #MilitaryRiskInsurance #UkrainianShipInsurance #YuliyaSvyridenko
The DFC and MIGA accelerate investment insurance in Ukraine. The American Development Finance Corporation (DFC) will send a special representative to Ukraine to hasten the acquisition of insurance by investors. He will advise both Ukrainian and international bu... #DFC #InsuranceUkraine #InvestmentsinUkraine #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
A French state-owned company will insure business investment in Ukraine, and enterprises seek to localize production. Ukraine’s Economy Minister Yuliya Svyridenko said: “We are discussing potential tools for Ukraine’s recovery, including war risk insurance, to enable French investors to enter Ukrain... #Bpifrance #InsuranceUkraine #InvestmentsinUkraine #MilitaryRiskInsurance #YuliyaSvyridenko
The war has accelerated Ukraine’s expansion of its processing industry. “If we take OECD standards, in developed countries, the share of the processing industry in GDP is 20%. Therefore, we set ourselves the task of increasing the share of processing in Ukrainian GD... #agroexportukraine #ProcessingPlantUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine needs to attract an additional 4.5 million people for reconstruction. Due to the war and forced migration abroad, the reconstruction of Ukraine will require the involvement of at least 4.5 million additional people. The government plans to solve the problem by encouragi... #RefugeesFromUkraine #RepatriationInUkraine #UkraineReconstruction #UkraineRecovery #YuliyaSvyridenko
MIGA and the DFC are finalizing six Ukrainian projects with war risk insurance. One of the projects is the Dragon Capital Industrial Park, which recently received $9.2M in military risk coverage from MIGA, said Economy Minister Yuliya Svyridenko. MIGA is working on two more proje... #DFC #InsuranceUkraine #MIGA #MilitaryRiskInsurance #UkraineEconomy #YuliyaSvyridenko
Ukraine wants all purchases made with donated funds to be processed through the Prozorro system. The Government of Ukraine working to establish Prozorro, the public procurement system, as a mandatory tool for the procurement of goods or services financed by international donors, said Economy Mini... #ProZorro #PurchasesUkraine #YuliyaSvyridenko
The Ukrainian government presents steps to ensure global food security. Minister of Economy Yulia Svyridenko stated during the summit in Malta that free and safe navigation in the Black and Azov Seas is a critical point for guaranteeing food security. In addition, importi... #agroexportukraine #GlobalFoodSecurity #GrainCorridors #Ukrainiangrain #YuliyaSvyridenko
The Ministry of Economy presents a plan for the return of Ukrainian refugees. Security and the opportunity to find a job, study, and have housing are critical factors for the return of Ukrainian refugees. The government is already working on creating conditions for implementing... #eOselya #RefugeesFromUkraine #RepatriationInUkraine #YuliyaSvyridenko
In September, Ukraine’s economy grew by more than 9%. Despite the war, the Ukrainian economy continues to recover. GDP growth in September 2023 compared to September last year was about 9.1%, the Ministry of Economy reported. At the same time, based on t... #GDPinUkraine #UkraineBusiness #UkraineEconomy #YuliyaSvyridenko
The availability of war risk insurance changes the investment environment in Ukraine and attracts private investors. According to Minister of Economy Yulia Svyridenko, the M10 industrial park, with 140,000 square meters of space, is currently being built in Lviv. The new industrial park has six production and storag... #DFC #InsuranceUkraine #KUKE #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
Donors will provide Ukraine €0.5B for demining, and Ukraine will offer partners sectors for demining. In particular, Switzerland will allocate more than €100M over the next four years, the Ministry of Economy reported. In addition, the Government of Switzerland plans to hold the Second International D... #DeminingEquipment #DeminingUkraine #SupportUkraine #WarinUkraine #YuliyaSvyridenko
This year, the DFC financed three projects in Ukraine for $110M. The cooperation between Ukrainian companies and banks with the American International Development Finance Corporation (DFC), on the one hand, increases the stability of the Ukrainian economy and, on t... #BusinessInvestments #DFC #financialaidforUkraine #InvestmentsinUkraine #YuliyaSvyridenko
Ukraine and the EU held their third round of consultations on four-year, €50B funding. As reported by the Ministry of Economy, the key topics of discussion were public administration reform, green transition and environmental protection, digitalization, reform of the justice system, cor... #EUfinancialAid #EUprogramForUkraine #UkraineFacility #YuliyaSvyridenko
Sweden and Estonia are ready to support investment in Ukraine and the country’s reconstruction. The Swedish government proposes the allocation of SEK 333M for special export credit guarantees for companies that trade with Ukraine. The Export Credit Agency of Sweden will cover the guarantees for ... #ExportCreditAgency #InvestmentsinUkraine #KredEx #UkraineReconstruction #YuliyaSvyridenko
The EBRD plans to increase support for Ukrainian businesses next year. As the Minister of Economy of Ukraine, Yulia Svyridenko, reported after the meeting with the President of the EBRD, Odile Renaud-Basso, the bank is ready to participate in financing the demining of ag... #ebrd #OdileRenaudBasso #SupportUkraine #ukrainianbusiness #YuliyaSvyridenko
MIGA has insured the first investment project in Ukraine against war risk. The insured project is the M10 Industrial Park in Lviv, which received a guarantee from the World Bank’s Multilateral Investment Guarantee Agency. MIGA provides guarantees of up to $9.2M to a Cy... #IndustrialPark #InvestmentsinUkraine #LvivIndustrialpark #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
Funding of the state budget, recovery, and the €50B Plan for Ukraine have been discussed at the Multi-Agency Donor Coordination Platform. On September 26, the sixth meeting of the Steering Committee of the Platform of Donors for Ukraine was held in Brussels. Minister of Finance of Ukraine Serhiy Marchenko emphasized that the need for in... #OleksandrKubrakov #SerhiyMarchenko #UkraineFacility #UkraineReconstruction #YuliyaSvyridenko
Ukraine’s real GDP grew by 19.5%; the economy has adapted to wartime conditions. Ukraine’s real gross domestic product in the second quarter of this year increased by 19.5% compared to the second quarter of last year, according to an operational assessment by the State Stati... #GDPinUkraine #UkraineBudget #UkraineEconomy #YuliyaSvyridenko
In seven months, Ukraine received $2.2B in direct foreign investment and seeks to develop its processing industry. According to the Minister of Economy of Ukraine, Yulia Svyridenko, Ukraine’s projected investment need for 2023-2032 is estimated at $90B. At the same time, the state plans to concentrate on dev... #GDPinUkraine #InvestmentsinUkraine #ProcessingPlantUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine’s government expects seven military risk insurance projects from MIGA and DFC by the end of 2023. The Multilateral Investment Guarantee Agency (MIGA) can implement three military risk insurance projects in Ukraine by the end of the year, and the US International Finance Corporation (DFC) can launc... #DFC #InsuranceUkraine #MIGA #MilitaryRiskInsurance #YuliyaSvyridenko
Ukraine and Korea have agreed on preferential loans for projects with participation from Korean companies. An intergovernmental agreement on loans from the Economic Development and Cooperation Fund (EDCF) was signed between the two countries in the presence of President Volodymyr Zelenskyy and the Korean M... #SouthKoreaAid #WonHeeRyong #YoonSukYeol #YuliyaSvyridenko #Zelenskyy
The framework of the Ukraine Facility will allow for attracting other donors. Developments within the framework of the Ukraine Facility program will become the foundation for further negotiations with a broader range of partner countries and financial organizations. The program... #EUprogramForUkraine #financialaidforUkraine #SupportUkraine #UkraineFacility #YuliyaSvyridenko
Poland has created a program to restore Ukraine with the participation of Polish businesses. The President of Poland, Andrzej Duda, signed an amendment to a law on export insurance guaranteed by the State Treasury, which allows the Polish state insurance corporation KUKE to provide more assis... #AndrzejDuda #InvestmentsinUkraine #KUKE #PolishBusiness #UkraineRecovery #YuliyaSvyridenko
Ukraine observes falling inflation for the second month in a row, and the economic expectations of investors and the government are improving. Consumer prices in Ukraine decreased by 1.4% in August 2023, which led inflation in Ukraine in annual terms to fall to 8.6%, the State Statistics Service reported. In July, inflation was 11.3%, and in... #GDPinUkraine #InflationinUkraine #UkraineEconomy #YaltaConference #YuliyaSvyridenko
Ukraine has become an associate partner of the Three Seas Initiative. As the President of Poland, Andrzej Duda, stated, together with Ukraine, Moldova joined the Initiative as an associate partner and Greece as a full partner. These are initiatives in the field of infra... #AndrzejDuda #ThreeSeasInitiative #YuliyaSvyridenko
What economic and investment prospects will Ukraine receive from joining the Three Seas Initiative? The Three Seas Initiative’s (3SI) financial infrastructure, particularly the 3SI Investment Fund, can play an essential role in ensuring investment in long-term projects in Ukraine, said the Min... #investments #ThreeSeasInitiative #UkraineRecovery #YuliyaSvyridenko
Baltic and Polish ports can pass 10 million tons of Ukrainian grain annually, but exports continue through Croatian ports. Lithuanian President Gitanas Nauseda believes that after the development of the port corridors of the Baltic Sea, it will be possible to transit up to 10 million tons of Ukrainian grain annually. As h... #agroexportukraine #GitanasNauseda #ThreeSeasInitiative #YuliyaSvyridenko
Ukraine and the EU have passed the second preparation stage for the five-year, €50B program. According to the Minister of Economy, Yulia Svyridenko, at the previous meeting the parties agreed on the structure and distribution of topics. This time, attention was focused on the form in which th... #EUfinancialAid #EUprogramForUkraine #UkraineFacility #YuliyaSvyridenko
Ukraine and Croatia are preparing the International Conference of Humanitarian Demining Donors in Zagreb. The event in Zagreb on October 11 and 12 will be a platform for mobilizing additional international support and resources for demining initiatives in Ukraine. “Our international partners, the G7... #DeminingUkraine #YuliyaSvyridenko
Ukraine expects to demine its territory in a few years, not decades. In 2024, it is planned to allocate UAH 576M ($16M) from the budget to purchase appropriate equipment. According to the Minister of Economy Yuliya Svyridenko, Ukraine is the most heavily mined country ... #DeminingUkraine #WarinUkraine #YuliyaSvyridenko
Ukraine and the EU have finalized the concept of Kyiv’s five-year support plan. According to Minister of Economy Yulia Svyridenko and representatives from the European Commission, the key points of the 2024-2027 plan are macro-financial recovery scenarios, a program of reforms, i... #EUfinancialAid #EUprogramForUkraine #MarleneMadsen #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
The first Ukrainian demining machine is ready for mass production. The first piece of domestic demining equipment, which was developed by a Kharkiv manufacturer, has passed certification. The manufacturing company received a certificate and declaration of conformity,... #DefenseTechnology #DeminingMachine #DeminingUkraine #YuliyaSvyridenko
Ukraine will receive $244M to purchase demining equipment. Several donor countries will provide $244M to Ukraine for the purchase of special equipment for demining liberated territories, said Minister of Economy Yulia Svyrydenko. The donors committed to helpi... #demining #DeminingUkraine #MilitaryAidforUkraine #YuliyaSvyridenko
Ukraine is preparing a recovery plan based on the €50B promised by the EU. The Government of Ukraine has started preparing a recovery, reconstruction, and modernization plan (Ukraine Plan), which is necessary to receive financial assistance from the EU after 2023, the Minist... #EUfinancialAid #UkraineReconstruction #UkraineRecovery #YuliyaSvyridenko
Ukraine will begin revising the free trade agreement with four EFTA countries. On Tuesday, the Minister of Economy of Ukraine, Yulia Svyridenko, held a meeting with the European Free Trade Association (EFTA) ministers, during which she announced the decision to start domestic pr... #EFTA #FreeTradeAgreement #UkraineForeignTrade #YuliyaSvyridenko
The EBRD, the European Commission, and other partners will help Ukraine restart the private investment insurance market. The parties have agreed to create the Ukraine Reconstruction Guarantee Program to help ensure private sector insurance against war risks. In the first stage, the program will focus on the insurance of... #AnnikenHuitfeldt #DenysShmyhal #InsuranceUkraine #InvestmentsinUkraine #MilitaryRiskInsurance #ReconstructionUkraine #YuliyaSvyridenko
Economic recovery in Ukraine has begun: 2.4% GDP growth has been recorded. The State Statistics Service recorded an increase in Ukraine’s real GDP in the first quarter of 2023 compared to the fourth quarter of 2022. The seasonally adjusted growth rate was 2.4%, the Ministry ... #GDPinUkraine #UkraineEconomy #YuliyaSvyridenko
About 10% of Ukrainian refugees will remain abroad after the war. According to Ministry of Economy estimates, there are currently 5.3 to 6.2 million Ukrainians displaced abroad, including about 1.5 million in the aggressor country. The majority are women aged 25-49,... #RefugeesFromUkraine #RepatriationInUkraine #UkrainiansAbroad #YuliyaSvyridenko
Luxembourg is interested in microfinancing Ukrainian businesses. During a video meeting the Minister of Economy of Ukraine, Yulia Svyridenko, and her colleague from the Grand Duchy of Luxembourg, Franz Fayo, discussed the restoration of Ukraine, humanitarian demini... #FranzFayo #LuxembourgAidForUkraine #MilitaryRiskInsurance #ukrainianbusiness #YuliyaSvyridenko
