Monday, November 15

The volume of transit of oil products through Ukraine has decreased.

 In January-October 2021, the volume of transit of petroleum products decreased by 44% to 37,800 tons compared to the same period in 2020. The transit of diesel fuel for ten months decreased by 51% – to 28.2 thousand tons, of which 17.8 thousand tons – from Belarus to Moldova, 8.7 thousand tons – from Lithuania to Moldova, and 1.5 thousand tons – from Russia to Poland. On the other hand, gasoline transportation to Moldova increased by 48% to 8.4 thousand tons, while in March 2021, transit through the territory of Ukraine was not carried out.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment