Business news from Ukraine

Business news from Ukraine

EU ambassadors to continue discussing restrictions on Ukrainian agricultural imports on Monday

European Union ambassadors will continue discussing the introduction of restrictions on Ukrainian agricultural imports on Monday after Poland and France decided that the previously reached agreements were insufficient, Interfax-Ukraine reports citing Politico..

The publication notes that the European Council’s opinion on the need for tougher restrictions practically coincides with the position of the European Parliament. Last month, the European Parliament adopted the initiative of the European People’s Party, which is convinced of the need to strengthen import restrictions and expand them to more products, particularly grain.

It is a victory for the influential European farmers’ association Copa-Cogeca, which persuaded the European Parliament to partially reject trade liberalization with Ukraine.

“But while the result is great for the lobby group and its members, it is bad not only for Ukraine, which depends on income from agricultural exports, but also for EU citizens, who will face higher food prices due to less competition and supply,” the publication noted.

There is still no unified position in the European Parliament. Its two largest groups, the European People’s Party and the Socialists and Democrats, are ready to sign up to additional restrictions, while others, including Renew Europe and the Greens, insist on approving the initial compromise.

Consulate General of Ukraine in Toronto sent generators to Kharkiv region – Nikolenko

The Consulate General of Ukraine in Toronto has sent generators to Kharkiv region, and work is underway to send a new batch, Interfax Ukraine reports, citing Ukraine’s Consul General in Toronto, Oleg Nikolenko.

“Russian missile strikes have caused serious damage to the energy infrastructure in many Ukrainian cities. The situation is critical in Kharkiv region. The government and local services are working 24/7 to resolve it. Today we sent generators from Toronto. They will help people to have access to electricity and heat until the general systems are stabilized. We are also working on a new batch,” he wrote on Facebook on Wednesday evening.

“We will pull all possible help from Canada to support our citizens. This is one of the absolute priorities of our work,” Nikolenko emphasized.

He also thanked the management of Meest Canada, a postal and logistics operator, for being a partner in this humanitarian mission.

 

Fundamentals of Pediatric Trauma and Injury Care: Key Considerations and Recommendations from Experts Club

In today’s realities, knowledge of the basics of pediatric trauma and injury care is becoming a necessity not only for medical professionals, but also for the general public. In a new video on the Experts Club YouTube channel, Mariana Bolyuk, anesthesiologist at ADONIS Medical Group, reviewed the main aspects and recommendations that will help to provide the necessary care in critical situations, based on the latest data from the Ministry of Health of Ukraine and international organizations.

Main aspects of trauma care

Traumas and injuries in children are a serious problem that requires immediate and proper response. According to the Ministry of Health of Ukraine, the number of injuries in children has been steadily increasing in recent years. In the last year alone, almost 97500 Ukrainians sought medical assistance for injuries of varying severity resulting from falls and other accidents.

According to the latest data, more than 1,806 children in Ukraine have been injured as a result of military actions. According to information from juvenile prosecutors, 537 children died and over 1,269 received injuries of varying degrees of severity. The largest number of injured children was registered in the following regions: in Donetsk region – 524, Kharkiv region – 343, Kherson region – 149, Kyiv region – 130, Dnipropetrovsk region – 125, Mykolaiv region – 103 and Zaporizhzhya region – 100.

“Among the main causes of early deaths in traumas, central nervous system contusions and bleeding stand out. It is important to know that timely first aid can save a life and significantly reduce the risk of serious health consequences”, – explained Bolyuk.

Maxim Urakin, founder of the Experts Club information and analytical center, said that the project was and is engaged in all kinds of assistance to civilians during military operations.

“According to the UN data, about 11 thousand civilians have already been killed in Ukraine for 2 years, of which about 600 are children. After the implemented project “Find loved ones” we spend our efforts on trainings on medicine for first aid for adults and children, conduct practical seminars for journalists and teachers in order to get practical skills that can save the health and life of victims”, – emphasized Urakin.

Recommendations on first aid

It is important to remember the basic principles of first aid for injuries and wounds. The main recommendations from Maryana Bolyuk and Experts Club, listed in the video:

  • Assess the condition of the injured person: check consciousness, breathing, pulse.
  • Stop bleeding: use direct pressure on the wound and, if necessary, apply a tourniquet above the injury site to temporarily stop arterial bleeding.
  • Preventing shock: lay the victim down, elevate the legs, and provide warmth and comfort.
  • Call for emergency medical help immediately: in the case of serious injuries, professional medical help should be sought as soon as possible.

It is also vital to receive regular first aid training to update your life-saving knowledge and skills.

Knowing the basic principles of first aid for pediatric injuries and trauma is critical for all of us. In today’s world where accidents happen daily, this knowledge and skill can be crucial in saving lives. Remember, your preparedness and ability to act in an emergency can make a significant difference.

To learn more about first aid for pediatric injuries, check out this video:

Subscribe to the Experts Club YouTube channel by clicking here:

https://www.youtube.com/@ExpertsClub

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On April 11, 2024, Recovery Construction Forum Ukraine will be held at CEC “Parkovy”!

?Recovery Construction Forum Ukraine is a forum that brings together government officials and the construction community to discuss current industry challenges and effectively coordinate efforts to rebuild Ukraine.

The first block of the discussion will be devoted to the state policy of reconstruction of Ukraine:

?Dialogue with the authorities on reconstruction priorities and involvement of other countries

?Discussion panel “State support programs and transparency of Ukraine’s reconstruction”

During the second block, we will discuss community support – from service to opportunities:

?Dialogue with the authorities on cooperation between the authorities and communities

?Discussion panel “Rebuilding communities: opportunities and planning”

Within the third block, we will focus on the issues of launching the reconstruction processes – regulation and innovation:

?Discussion panel “Technical regulation and standards of reconstruction”

The forum will also include panel discussions on the following topics:

?”Modern development in the context of reconstruction: analytics and realities”

?”Reconstruction through the eyes of architects: proposals and cases for implementation”

Thus, the speakers will present an overview of the current residential and commercial real estate market, obstacles that hinder development, features of construction in regions that have been significantly affected, the dynamics of the eHouse program, proposals and case studies of projects that are already possible for implementation.

We invite you to get acquainted with the speakers in the video ? or on the website: https://recoveryforum.in.ua/programme

Join the discussion of topical issues that will make the reconstruction faster, better and more efficient!

❗Your participation is a contribution to the reconstruction of the affected communities, for which a part of the funds raised will be transferred.

Earlier, the KCU and its partners have already transferred more than UAH 1 million to the UNITED24 Fund for the “Reconstruction of Ukraine” program. Certificates for medical equipment worth more than UAH 1.5 million were also transferred to the communities.

❗For certain categories of visitors, participation in the forum is free of charge upon prior registration: https://recoveryforum.in.ua/#tickets

?️Ставайте part of the future reconstruction today!

To join the forum: https://recoveryforum.in.ua/#tickets

To book a stand: https://recoveryforum.in.ua/exhibitors#stand

Become a partner: https://recoveryforum.in.ua/exhibitors#partnership

Forum organizers: Confederation of Builders of Ukraine KBU and International Exhibition Operator Premier Expo Ukraine

General partner: Creator-Bud

Strategic partner: Caparol Ukraine, Würth – Ukraine, Kvertus

Financial partner: Globus Bank

Logistics partner: EURO Forwarding

Industry partners: Association of Ukrainian Cities, All-Ukrainian Association of Amalgamated Territorial Communities, Association of Small Cities of Ukraine, American Chamber of Commerce in Ukraine, ICC Ukraine, Ukrcement Association, Association of Consulting Engineers of Ukraine (AECU)

General media partner: Interfax-Ukraine

Media partners: Build Portal, ProfBuild, MIND, Property Times, LUN, RED Community, IRS, Polsko-Ukrainska Izba Gospodarcza (PUIG), TIME OF THE FIRST, zagorodna.com, TRUE, Address Group, KyivVlada, Capital Real Estate, Ukraine Communal, NGO “Living Planet”

WE WILL WIN AND REBUILD EVERYTHING!!!! ?

TOGETHER TO VICTORY! ??

GLORY TO UKRAINE!!!! ??

Main macroeconomic indicators of Ukraine and the world for the beginning of 2024 from Experts Club

The article collects and analyzes the main macroeconomic indicators of Ukraine. In connection with the entry into force of the Law of Ukraine “On Protection of the Interests of Economic Entities during Martial Law or State of War” the State Statistics Service of Ukraine suspends the publication of statistical information for the period of martial law, as well as for three months from the date of its completion. The exception is the publication of information about the consumer price index, separate information on statistical indicators of 2021 and for the period January-February 2022. The article analyzes open data from the State Statistics Committee, the National Bank and analytical centers.

Maxim Urakin, PhD in Economics, presented an analysis of macroeconomic trends in Ukraine and the world based on official data from the State Statistics Committee of Ukraine, the NBU, the UN, the IMF and the World Bank.

Macroeconomic indicators of Ukraine

Maxim Urakin cited data from the National Bank of Ukraine on the improvement of the financial situation in 2023 compared to 2022.

“Last year was marked by a more favorable macroeconomic environment for the financial industry. GDP growth generally exceeded forecasts and inflation rates declined. Even after the downgrade, the discount rate remains high enough to make hryvnia investments attractive. Thanks to the efforts of the National Bank and market readiness, the transition to a policy of managed flexibility of the hryvnia exchange rate was successful. At the same time, this success was ensured primarily by stable receipts from partners within the framework of macrofinancial assistance and an increase in the share of exports of agricultural products,” Urakin emphasized.

The expert noted that the main risks for the economy remain the duration of the war and instability of international aid.

“In the third quarter of 2023, Ukraine’s GDP growth slowed to 8.2%. The negative balance of foreign trade increased by 3.2 times, which is a worrying signal. Public debt has slightly decreased compared to August figures, but in 2024 it may exceed the country’s GDP for the first time, which poses significant risks to economic stability,” the economist said.

The pace of international aid to Ukraine, in turn, has significantly decreased in the IV quarter of 2023 – I quarter of 2024, which could create significant risks to the country’s economic stability,” the economist said.
I quarter of 2024, which may negatively affect the recovery of the economy in the current year under the conditions of war.

Global Economic Outlook

Maxim Urakin also analyzed the global economy, noting a slowdown in growth to 2.2% in 2024.
“Analyzing the dynamics of global GDP shows that the global economy continues to recover from the pandemic, but geopolitical instability has a restraining effect on this growth. According to Maxim Urakin, it is important to monitor developments and adapt to changing conditions to ensure sustainable economic growth in the future. Ukraine, in this context, needs to focus on strengthening domestic political stability, restoring its economic potential and continuing reforms to improve its post-war prospects and strengthen its position on the global stage,” the expert explained.

According to the expert, the current macroeconomic situation in Ukraine and the world requires further analysis. For Ukraine, the main challenges in the coming years will be the need to rebuild Ukraine after the war and public debt management.

Earlier, the Experts Club analytical center released a video on how the GDP of countries has been changing in recent years, more video analysis is available here.

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Kuleba: The number one task is to return Ukrainian-Indian relations to pre-war level

During a visit to India, Ukrainian Foreign Minister Dmytro Kuleba pointed to positive changes in bilateral relations between Ukraine and India, Interfax-Ukraine reports, citing the Foreign Ministry’s press service.

Kuleba emphasized that India is gradually changing its understanding of Russia’s war against Ukraine and clearly realizes that Ukrainian-Indian relations have a great future.

“If we compare the state of our relations in the first year of the war and now, we can observe important positive changes. New Delhi has seen Ukraine as an important partner,” he emphasized.

The minister emphasized that Ukraine appreciates India’s desire to establish sustainable peace in our country and its comprehensive participation in meetings on the implementation of the Peace Formula of Ukrainian President Volodymyr Zelenskyy. According to him, Ukraine is working together with India and other countries to involve them in the Global Peace Summit to be held in Switzerland.

Summarizing, Kuleba named three key tasks for the development of relations between Ukraine and India.

“The number one task is to return the level of cooperation in trade and politics to the pre-war level. The pre-war level means multibillion-dollar trade between our countries, which means, first of all, attracting money to the Ukrainian economy, creating jobs, selling Ukrainian goods in the world; it means promising joint developments in high-tech industries; it means the arrival of Indian companies to the Ukrainian market,” the minister explained.

The second task is to work on new projects and programs that should bring Ukrainian-Indian relations to a new level, he said.

“Task number three is the Peace Formula. India’s further participation in the implementation of the Peace Formula will be an important signal to many countries in the region that are focused on New Delhi, convincing them to join this initiative of President Zelensky,” the minister emphasized.

Kuleba also said that Ukrainian diplomacy is working to organize visits by Indian Prime Minister Narendra Modi to Ukraine and by President of Ukraine Volodymyr Zelenskyy to India.

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