An overstated tariff for energy from renewable sources (RES) in comparison with the market rate leads to significant and problematic payments to investors for Ukraine, which are estimated at $ 10-20 billion until 2029, acting Energy Minister Yuriy Vitrenko has said.
“If to look at the difference between the feed-in tariff and the market price, at least now, and multiply this by conservative estimates of production from renewable sources and multiply this by the term of the feed-in tariff – until 2029, then the amount of compensation from the state budget to investors in green energy will be from $ 10 billion to $ 20 billion,” he said while discussing the economic strategy until 2030.
Vitrenko noted that the feed-in tariff is several times higher than the market price.
“For a developing country like Ukraine, $ 10-20 billion is a significant amount, which is a problem,” he stressed.
The minister also criticized the current system of payments through the energy system operator Ukrenergo, which has no interest in paying for renewable energy sources, since their uneven generation brings it additional problems. According to Vitrenko, such payments should be made through the state budget as a public good in the form of clean energy.
A number of European Business Association (EBA) member companies, which “have Chinese roots,” are concerned about the imposition of sanctions by Ukraine against the Chinese shareholders of PJSC Motor Sich and will temporarily refrain from investing, EBA Executive Director Anna Derevyanko has said.
Chinese investors have temporarily put on hold all the issues related to investing in the country, she said at a meeting of the Global Economic Review of Ukraine association, when its participants raised the issue of these sanctions and their possible consequences for trade and economic relations with China.
According to Andriy Horokhov, the director general of UMG Investments, in 2020 Ukraine was lucky with the conjuncture in agriculture and metallurgy, and a large part of the products of these industries went to China. He added that the Chinese market is also expected to grow in 2021.
“I understand for sure that you have to be more careful with a trading partner with a turnover of about $ 10 billion,” he said.
“If suddenly we make mistakes in this direction, then we will need to understand where we will compensate for our sales markets, given the situation in Europe and the United States and the uncertainty with the pandemic. I hope there will be wise and balanced decisions here, and people will professionally approach this issue,” he said.
Members of parliament (MPs) from the Servant of the People party intend to reintegrate Ukrainians with Russian passports from Donbas and Crimea, as well as Ukrainians working in Russia, in bills on dual citizenship.
“The main goal of our bill is to reintegrate our Ukrainians from the east and from Crimea, as well as our citizens who have Russian passports and understand the current situation in relations with the Russian Federation. They received these passports in different ways. Someone, like in Crimea, was forced to get a passport in order to work in Russia. There are estimated from 1 to 2 million of these people. We want to pull them out and give them the opportunity to ‘declare’ and live peacefully with these passports so that they are not persona non grata,” MP Oleh Dunda (Servant of the People faction) said at a press conference at the Interfax-Ukraine news agency on Tuesday.
At the same time, he said, the bill will help “shed light on our political class and their foreign passports.”
“One of those who used informally dual citizenship was our political class, who received passports of other countries and used them … as a tool where they hide money. And people did not know about this,” he said.
He added the bill “will put a barrier to the aggressor country in gaining access to government posts.”
Dunda also noted that the bill will eliminate many gaps in the legislative field of Ukraine, allowing civil servants to have citizenship of other countries.
“For some of our high-ranking officials, a ban has been established to have a passport of another state. But the same laws have not established anywhere that if they acquire foreign citizenship while working in the civil service, they are dismissed,” the MP said.
As reported, on January 25, MPs from the Servant of the People faction registered three bills that would allow Ukrainians to have dual citizenship.
In bill No. 4640, the authors propose to amend the law on citizenship, which provides citizens of Ukraine with the right to obtain citizenship (allegiance) of a foreign state without losing the citizenship of Ukraine.
The proposed changes also allow foreigners to obtain Ukrainian citizenship without renouncing the citizenship of their country.
In addition, it is proposed to introduce a declaration of the presence (absence) of foreign citizenship (allegiance) and keeping records of Ukrainian citizens who have citizenship of other states.
The bill also proposes to provide for the submission of a declaration of absence of foreign citizenship by persons who apply for election to elective positions or to the civil service, to serve in local government bodies, to serve in law enforcement agencies.
The explanatory note to the draft law says that one of the important innovations is the introduction of the concept of “aggressor state.”
COVID-19 vaccines will begin to arrive in Ukraine under the COVAX mechanism in February this year, head of the EU Delegation to Ukraine Matti Maasikas said.
“We reacted quickly and provided EUR 190 million in aid and 1.2 billion in macro-financial support – an unprecedented amount for a crisis year. Today, the issue of vaccination against the virus has come to the fore. Vaccines under the EU-supported COVAX program will begin to arrive in February,” he said at a meeting of the Commission on coordination of implementation of the Association Agreement between Ukraine and the EU.
“Ukraine and other neighboring countries are a priority for the EU,” Maasikas said.
As reported, within the framework of the COVAX program, Ukraine will receive 117,000 doses of American-made Pfizer-BioNTech m-RNA vaccine in February, and in parallel, during the first half of 2021, from 2.2 to 3.7 million doses of AstraZeneca/Oxford vaccine.
Some 36% of Ukrainians trust Alexander Lukashenko, 26.7% – Joe Biden, 26.2% – Emmanuel Macron and 14.4% – Vladimir Putin, according to the results of a poll conducted by the Kyiv International Institute of Sociology (KIIS) from January 27 to February 1.
According to the research, President of Belarus Alexander Lukashenko, whom the EU and the U.S. do not recognize as legally elected, is trusted by 36% of respondents, distrusted – by 53.6%,there are 7.6% of those who found it difficult to answer, and 2.7% do not know. The balance of trust in Lukashenko is (-17.6%).
U.S. President Joe Biden is trusted by 26.7% of respondents, 23.3% do not trust him, 25.4% found it difficult to answer, and 24.6% do not know. The balance of trust in Biden is (+ 3.4%).
Some 26.2% of respondents trust French President Emmanuel Macron, 23.2% do not trust him, 22.9% found it difficult to answer, and 27.6% do not know. The balance of trust in Macron is (+ 3%).
Some 14.4% of respondents trust Russian President Vladimir Putin, while 79.8% do not trust him, 5.6% found it difficult to answer, and 0.3% do not know. The balance of trust in Putin is (-65.4%).
The all-Ukrainian poll was conducted by personal interviews using tablets (CAPPE). Some 1,205 respondents living in 86 settlements of all regions of Ukraine (except for the Autonomous Republic of Crimea) were interviewed according to a 3-stage stochastic sample with a quota selection at the last stage, which is representative for the population of Ukraine aged 18 and over. In Luhansk and Donetsk regions, the survey was conducted only in the territory controlled by the Ukrainian authorities.
The statistical error of the sample (with a probability of 0.95 and excluding the design effect) does not exceed: 2.9% – for indicators close to 50%, 2.5% – for indicators close to 25%, 1.9% – for indicators close to 12%, and 1.3% – for indicators close to 5%.
The volume of construction work performed in Ukraine in 2020 increased by 4% compared to 2019, while the growth rate in 2019 versus 2018, according to updated data, was 23.6%.
As the State Statistics Service said on Monday, in 2020 the volume of performed construction work amounted to UAH 199 billion.
According to the statistics, in December 2020, the volume of performed construction work increased by 8.2% compared to December 2019, while compared to November 2020, the figure increased by 49.6% (according to seasonally adjusted data, it decreased by 1.2%).
The State Statistics Service said that in 2020 versus 2019, an increase in the volume of construction work was observed only in the segment of construction of engineering structures the figure was 14.8% (in 2019 it was 27.7% versus 2018). At the same time, in residential construction, the decline in construction work was 18.5% (in 2019 an increase of 4.8% compared to 2018), in non-residential construction 2.7% (in 2019 an increase of 30.3% compared to 2018).
The share of new construction in the total volume of completed construction works was 36.1%, renovations 36.9%, reconstruction and technical re-equipment 27%.
In 2020, an increase in the volume of construction work was recorded in 11 regions of Ukraine. The largest increase in the indicator was observed in Khmelnytsky (by 58.3%, to UAH 6.47 billion), Odesa (by 45.8%, to UAH 27.9 billion) and Donetsk (by 35.6%, to UAH 10.1 billion) regions.
A decrease in the volume of completed construction work was recorded in such regions as: Kirovohrad (by 35.9%, to UAH 1.36 billion), Kherson (by 34.9%, to UAH 1.24 billion), and Zaporizhia (by 32.2%, to UAH 2.72 billion), as well as in other regions. In Kyiv city, the indicator decreased by 2.2%, to UAH 42.8 billion.