KYIV. Jan 4 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers seeks to discuss the creation of the Agency for European Integration in the second quarter of 2017.
According to the draft action plan for medium-term outlook until 2020 the agency could be created as a central executive power authority with a special status.
It is planned that the agency would help to apply a centralized approach to the implementation of tasks in the European integration area and to observe Ukraine’s legal liabilities in the area.
It is planned to approve the communications strategy in the sphere of European integration for 2017-2020 in Q2 2017.
KYIV. Jan 4 (Interfax-Ukraine) – President of the People’s Republic of China Xi Jinping congratulated Ukrainian President Petro Poroshenko and Ukrainian people on the occasion of the 25th anniversary of diplomatic relations between Beijing and Kyiv.
“In 25 years after establishing diplomatic relations Chinese-Ukrainian relations stably develop. Cooperation between the two countries in trade, economic, investment, agricultural, scientific, cultural and other spheres have achieved substantial results. The contents of Chinese-Ukrainian strategic partnership are permanently expanding, which brings real benefits to the two countries and their people,” Xi Jinping said in a greeting published by the press service of the Ukrainian president on Wednesday.
“China pays large attention to the development of Chinese-Ukrainian relations. China is ready to use the best opportunity of the 25th anniversary of diplomatic relations between the two countries based on mutual respect and mutual benefits to come to the further strengthening of the foundation for friendly cooperation between the two countries, promotion of bilateral relations and cooperation in all spheres to have even more achievements,” he said.
KYIV. Jan 3 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine intends until the end of 2017 to ensure the creation of 25 regional development agencies the mission of which involves assistance to local authorities in the implementation of programs and projects of regional development and improvement of investment attractiveness.
The relevant data is contained in the draft of medium term plan of priority actions of the government until 2020.
In addition, the Cabinet plans to improve the system of regional investment projects financed by the State Fund for Regional Development.
According to the government, the current system does not provide a guaranteed stable funding for the duration of projects implementation, giving rise to incomplete construction projects and does not allow achieve the desired effect.
In addition, the Cabinet notes the need to ensure the transition from financing of projects aimed at solving current local problems to projects that merely create workplaces, innovative products and those improving standards of living.
The government also intends to provide regions with access to European funding instruments of regional development, including cross-border cooperation. For example, in 2017 the Cabinet plans to develop an international agreement on Ukraine’s participation in the Danube Transnational Program as earlier the European Commission decided to allocate EUR 5 million for Ukraine to participate in this program.
KYIV. Jan 3 (Interfax-Ukraine) – Kyivstar, the leading Ukrainian mobile operator, intends in early 2017 with the help of its subsidiary StarMoney LLC to launch the first set of financial services, in particular, public transfers and payments to third parties.
The press service of the company told the agency, bank issuing electronic money in the project will be state-controlled Ukrgasbank and Pravex-Bank controlled by Italia’s Intesa Sanpaolo, selected at a tender. Currently, the company is conducting a tender to select one of payment systems.
“The project to provide Kyivstar subscribers with mobile financial services consists of several blocks. One of them is currently undergoing pilot testing, while its commercial launch is scheduled for early 2017,” the press service said.
As reported, StarMoney LLC in June received a license from the National Bank of Ukraine for money transfers in the national currency.
KYIV. Jan 3 (Interfax-Ukraine) – Ukraine’s government has ordered the privatization of 68.0095% in PJSC Zaporizhia Aluminium Plant (ZAlK), 75.224% of PJSC Turboatom and 99.999% of OJSC Oriana, according to corresponding resolution No. 1057 dated November 28 posted on the government’s website.
This document approves the plan of placement of the shares in these companies, providing for the sale of these packages at tenders with open bidding on the principle of auction until November 30, 2017.
In addition, the list of objects for privatization includes 22.555% in gas supply and gasification company PJSC Korostyshivgaz, 50.005% of OJSC Osnaschennia, 57.389% of PJSC Lviv plant Avtonavantazhuvach, 25.998% of Avtolyvmash, and 30.979% of PJSC Kamyanets-Podilsksilmash.
The government also extended the terms of auctioning a 99.995% stake in Sumykhimprom and 99.5% of Ivano-Frankivsk Locomotive Repair Plant until November 30, 2017.
KYIV. Jan 3 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman predicts a 25% growth in revenues of local budgets in 2017.
“We have almost an annual rise of 50% in revenues of local budgets … We foresee another growth of 25% next year,” Groysman said on the air of the Espreso TV Channel.
According to the premier, simultaneously with the increase in revenues, the responsibility of local authorities will grow and decentralization in regions depends on their efficiency.
Groysman believes the public should also monitor the use of funds from local budgets to avoid corruption.
