Ukraine and the United Arab Emirates (UAE) are preparing for boosting defense cooperation in the sphere of joint production of new samples of weapons and equipment, including unmanned aerial vehicles (UAVs) based on developments of Antonov State Enterprise (Kyiv).
The press service of the Ukroboronprom state concern reported that the potential of the bilateral military and technical cooperation between Kyiv and Abu Dhabi was the subject of negotiations held during Le Bourget 2019 International Paris Air Show by Head of the state concern Pavlo Bukin and UAE Assistant Undersecretary for Support Services Abdulla Al Hashmi.
Bukin said that among the promising defense cooperation projects considered by the parties are the establishment of joint production of UAVs based on the developments of the Antonov State Enterprise.
As the head of Ukroboronprom said, the reliable Antonov aircraft, capable of working in extreme climatic conditions, fully meets the needs of the military and rescuers, and it is in steady demand in the market, which was confirmed during the negotiations held during Le Bourget 2019.
“Today, the most promising market for us is the countries of the Middle East and Southeast Asia,” he said, adding: “We expect that in the near future Antonov’s products will occupy a significant part of the market in these regions.”
According to the report, during the talks, the parties discussed a wide range of cooperation, including logistics support for the needs of the UAE Ground Forces.
Ranking of ukrainian trade partners by trade balance in thsd USD
Official rates of banking metals from national bank as of june 21
One troy ounce=31.10 grams
National bank of ukraine’s official rates as of 21/06/19
Source: National Bank of Ukraine
PJSC Ukrnafta in May 2019 increased oil and condensate production by 8.5% compared to May 2018, to 130,700 tonnes, the press service of the company has said.
Natural gas production increased by 10.4%, to 98.4 million cubic meters. Compared with April 2019, oil and condensate production increased by 3.9%, that of gas by 4.6%.
The average daily production last month amounted to 4,200 tonnes per day and 3.2 million cubic meters per day respectively.
In 2018, Ukrnafta posted UAH 6.628 billion of net profit against UAH 101.771 million of profit for 2017.
The Consumer Confidence Index (CCI) equals 82.8 in May, which is 11.2 points higher than the indicator in April, the values of indices can vary from 0 to 200, according to a study by Info Sapiens.
“The second month in a row the CCI grows rapidly. In May 2019 the Index reached the level of year 2013,” Info Sapiens’ analysts said.
They said that theCCI overcame the mark of 100 points in Kyiv.
“Such growth is the result of the voter’s optimism concerning the new President installation and future Parliament elections,” they said.
The analysts said that Indices of Expected Economic Conditions next year and Expected Changes in Personal Financial Standing experienced the most significant increase. Positive consumer confidence is also the result of stable situation on the currency market which is seen as Devaluation Expectations Index decrease by 20.2 points, to 123.4, according to the study.
In May, the indicator of Index of Expectations of Changes in Unemployment equaled 109.6, which is 0.3 points lower than previous month. Meanwhile, Index of Inflationary Expectations decreased and equals 175.8 which is 2.1 points lower than last month.
Index of Propensity to Consume increased by 2.4 p. and reached the indicator of 82.3. Index of Expected Changes in Personal Financial Standing increased by 15.2 points comparing to the previous month and reached 86.2.
In general, in April, Index of Economic Expectations (ІЕE) increased by 14.5 points to the level of 90.4.
Since June 2000, GfK Ukraine has conducted a household survey to determine consumer confidence in the country. Since 2019, it is being conducted by Info Sapiens with the assistance of Dragon Capital. Some 1,000 respondents are polled.
