Energy

Ukraine could displace China as the EU’s top “supplier of raw materials and components for these technologies of the future for Europe,

Friday, July 16, 2021

” said Maroš Šefčovič. The European Commission vice president, said in an interview with Interfax-Ukraine. “You can do better than China. I understand [Ukraine’s] President, Prime Minister and your business leaders who want to ensure that Ukraine builds the entire vertically integrated supply chain around critical raw materials and added value stays in Ukraine as much as possible.”

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Culminating a three-year effort, yesterday the Rada gave final approval to two bills designed to stimulate in Ukraine the manufacture of electric cars, components and chargers.

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In a setback for Russia’s gas pipelines to Germany, Europe’s top court yesterday ruled that Gazprom must cut in half its gas volumes through Nord Stream 1 to German’s OPAL pipeline.

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