National bank of Ukraine’s official rates as of 12/01/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of January 12
One troy ounce=31.10 grams
Ukraine has started preparations for negotiations on new agreements on a free trade area (FTA) with Egypt, Jordan, Indonesia and China, Minister of Economic Development, Trade and Agriculture Ihor Petrashko has said.
“Preparations are underway for negotiations on an FTA with Egypt, Jordan, Indonesia and China,” he said during a press conference in Kyiv on Tuesday.
He also said Ukraine has started negotiations with the EU on revising the Association Agreement.
Petrashko said the additional capitalization of the Export Credit Agency (ECA) to UAH 2 billion, which is provided by the 2021 national budget, will strengthen Ukraine’s export positions
The Lekhim group of pharmaceutical companies has signed an agreement to supply 5 million doses of CoronaVac vaccine against COVID-19 produced by the Chinese company Sinovac Biotech in the first half of 2021, the company said in a press release on its website.
“Lekhim Group and Sinovac Biotech, which are partners, have reached an agreement in negotiations that lasted for 10 months on cooperation in the distribution and localization of production in Ukraine of the vaccine against the SARS-CoV-2 virus for a period of five years,” the press release reads.
According to the report, Lekhim is the official and exclusive supplier of CoronaVac vaccine in Ukraine.
The release recalls that in addition to the sale of the CoronaVac vaccine, cooperation involves the organization of production of finished dosage forms of vaccines (including CoronaVac) from 2022 in Ukraine (Lekhim-Kharkiv), and from 2025 it is planned to organize a full production cycle of the main list of vaccines.
Sinovac Biotech is a Chinese vaccine producing company founded in Beijing in 2001 with a capacity of 300 to 500 million doses of six types of vaccines for humans and animals per year. Sinovac’s main products are vaccines against hepatitis A (prequalified by the WHO) and B, influenza, mumps, chickenpox, which are registered and approved for vaccination in 34 countries around the world.
CoronaVac is an inactivated vaccine. It uses a traditional vaccine mechanism in which a non-living virus that cannot replicate in human cells is used to activate the immune system. Phase 3 trials of the Chinese vaccine have already taken place in Brazil and Indonesia. Tests are ongoing in Turkey and Chile.
Olvia specialized seaport handled 3.91 million tonnes of cargo in 2020, which is 813,180 tonnes or 26.3% more than in 2019.
According to the information on the website of the Ukrainian Sea Ports Authority, in the terms of shipment, the distribution of cargo took place as follows: export amounted to 3.53 million tonnes (more by 23.9% compared to 2019), import to 303,370 tonnes (41.2% more), coastal cargo to 70,210 tonnes, and transit cargo to 2,940 tonnes.
In 12 months of 2020, progress was achieved in the processing of bulk cargo 3.54 million tonnes, which is 34.1% more than in 2019.
“It should be noted that the largest contribution to the cargo handling was made by the Ukrainian agricultural sector, because 1.83 million tonnes of grain cargo was handled, which is 48.5% more than last year,” the association said.
In addition, in 2020, Olvia seaport handled 758,630 tonnes (more by 3%) of construction cargo, other bulk cargo 675,280 tonnes (more by 29.7%), as well as ferrous metals 322,410 tonnes and coal 232,480 tonnes.
The cargo handling of the Olvia seaport operators in 2020 was distributed as follows: EVT Grain LLC 2.22 million tonnes, and the state-owned enterprise Stevedoring Company Olvia 1.69 million tonnes.
In December 2020, in general, 258,490 tonnes of cargo were handled in the seaport water area, of which export cargo amounted to 258,160 tonnes, imported and coastal cargo to 110 tonnes and 230 tonnes, respectively.
The number of ship calls since the beginning of the year amounted to 270, including 16 during December.
The National Bank of Ukraine (NBU) Committee on Supervision and Regulation of the Non-Bank Financial Services Markets at its meetings held on December 24 and 30, 2020, revoked the licenses for the provision of financial services of 22 non-bank financial institutions.
As reported on the NBU website, the NBU decided to revoke all licenses for the provision of financial services of five financial institutions – Creditlife financial company LLC, Yuvid-2009 LLC, Aliot financial company LLC, Kailas Finance financial company LLC and Parkmar Inkaso LLC. The total assets of these companies as of October 1, 2020 amounted to UAH 138.6 million, or 0.07% of the total assets of the market.
In addition, the regulator revoked all licenses of the Ukrsotscredit credit union, in particular, one license for the provision of loans, including a financial loan. Liabilities of Ukrsotscredit credit union as of October 1, 2020 amounted to UAH 200 (0.00002% of the total market volume), and its assets amounted to UAH 917,800 (0.04% of the total market volume).
The committee also decided to revoke several of the existing licenses of Global Infinity Ukraine LLC, in particular, licenses for the provision of financial leasing services, as well as for the provision of guarantees. The company still has two licenses in effect – for the provision of loans, including a financial loan, as well as for the provision of factoring services.
In addition, the regulator revoked the license for the provision of guarantees of Dekart financial company LLC, Kaverton financial company LLC, Professional Payment System LLC, Fidem financial company LLC, Finar financial company LLC, Asap Finance LLC, Bladvein financial company LLC, Verra Finance LLC, Invest House financial company LLC, Mega Finance financial company LLC, Sky financial company LLC, Smart Finance Solution financial company LLC, Finance Company LLC and Finrezerv financial company LLC. These financial companies continue their activities and have valid licenses, in particular for the provision of loans, including a financial loan, for the provision of factoring services, as well as for the provision of financial leasing services.
The NBU said that these companies had their licenses for the provision of guarantees revoked due to the fact that they did not plan to be actively involved in the provision of guarantees and were not ready to comply with the mandatory standards that came into force on May 1, 2020.
In December, the National Bank reminded all market players who had valid licenses to provide guarantees of the need to comply with mandatory standards.
According to the results of the submitted financial statements for the first nine months of 2020, two-thirds of the financial companies-guarantors out of 354 licensed did not comply with the requirements of these standards and had at least one standard failed to meet.
