Business news from Ukraine

Business news from Ukraine

China is undisputed leader in steel production in January-August 2024

According to Worldsteel, August saw an increase in steel production compared to August 2023 in most of the top ten countries, except for China, Japan, Russia and South Korea.

The top ten steel producing countries in August are as follows: China (77.920 million tons, down 10.4% by August 2023), India (12.285 million tons, up 2.6%), the United States (7.048 million tons, up 0.7%), Japan (6.870 million tons, down 3.9%), and the Russian Federation (5.8 million tons, down 11.5%), South Korea (5.465 million tons, down 2.2%), Turkey (3.146 million tons, up 13.8%), Brazil (2.963 million tons, up 7.3%), Germany (2.874 million tons, up 0.5%) and Vietnam (1.793 million tons, up 1.5%).
In August, Ukraine increased steel production by 15% compared to August 2023, retaining its 20th place in the Worldsteel ranking.
In total, in August 2024, steel production decreased by 6.5% compared to the same period in 2023 to 144.834 million tons.

In January-August 2014, the top ten steel-producing countries were as follows: China (691.410 million tons, down 3.3% compared to January-August 2023), India (98.522 million tons, up 6.5%), Japan (56.665 million tons, down 2.9%), the United States (53.785 million tons, down 1.7%), the Russian Federation (48.469 million tons, minus 4.9%), South Korea (42.509 million tons, down 5.5%), Germany (25.378 million tons, up 4%). million tons, up 4%), Turkey (24.816 million tons, up 14.8%), Brazil (22.363 million tons, up 3.8%) and Iran (19.784 million tons, up 1.9%).

 

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New Ambassador of Lithuania to Ukraine takes up her duties

Deputy Minister of Foreign Affairs of Ukraine Yevhen Perebyinis received copies of credentials from the newly appointed Ambassador of the Republic of Lithuania to Ukraine Inga Stanitė-Tolocienė.
According to the press service of the Ministry of Foreign Affairs of Ukraine, the deputy minister positively noted the level of bilateral political dialogue between the two countries, particularly in the context of recent visits by the President and First Lady of Lithuania, as well as the Minister of Foreign Affairs. Perebyinis expressed his sincere gratitude for Lithuania’s firm support of Ukraine’s sovereignty and territorial integrity, as well as military, humanitarian and financial assistance.
“The interlocutors separately discussed further practical steps to implement the Peace Formula of President of Ukraine Volodymyr Zelenskyy and support for Ukraine on its path to full membership in the EU and NATO,” the statement said.
In turn, Ambassador Stanitė-Tolokienė assured of Lithuania’s continued support for Ukraine and emphasized the Lithuanian government’s readiness to further strengthen military, economic and humanitarian assistance to Ukraine.

https://interfax.com.ua/news/diplomats.html

 

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Fenix restaurant celebrated its 4th anniversary: an unforgettable evening in heart of capital

On September 19, Fenix restaurant celebrated its 4th anniversary. It’s not just a place for meetings and gastronomic delights – Fenix has become a symbol of the intertwining of cultures, art and traditions, which unites exquisite Pan-Asian and Mediterranean cuisine under one roof. In four years, the restaurant has gained recognition both in Ukraine and internationally. But our greatest pride is the trust and love of our guests.
The concept is based on a deep immersion in the culinary traditions of Asia and Europe. The interior of the restaurant is decorated with unique art objects brought back from travels: paintings with geishas, Murano glass elements, Chinese craftsmen’s products – all this gives the space a unique character, in which the past and the present are intertwined.
The gala evening took place in Fenix Mediterranean and Fenix Asia: each part of the restaurant gave guests a unique experience.
In the Mediterranean part, guests enjoyed a real royal evening: an enchanting program with a costume show “God Save the Queen”, a performance by the Black Tie string quartet, charismatic host Roman Dribnyi, and DJ Vitalitis.
In the Asian part, guests enjoyed festive sets from NASTY SV and NATURA with bandura, and the real sensation was the exciting Python Show.
This evening was the perfect combination of gourmet cuisine, art performances and warm meetings.
Guests received gifts from COCO and Diesel partners, as well as pleasant surprises from Fenix.
The Fenix team would like to thank everyone who shared this special evening with us! We are proud of how our restaurant has transformed over the past 4 years and strive to continue to inspire you to new achievements and be a place of your mental recovery and a source of new ideas. Fenix is a restaurant with a unique concept that creates a new restaurant history in Ukraine.

Uzbekistan and United States signed agreement on cooperation in customs sphere

Chairman of the Customs Committee of Uzbekistan Akmalhuzha Mavlonov met with U.S. Customs and Border Protection Commissioner Troy Miller in Washington, DC.

This is the first time in 32 years that Uzbekistan and the United States have held an official face-to-face meeting of this format between the heads of the two countries’ customs services.

Important agreements reached during the Uzbek-American summits in 2018 and 2023 paved the way for expanding mutual cooperation in all areas.

According to the agency, Uzbekistan’s foreign trade in US goods has increased by 48% over the past 6 years. For 8 months of this year, this figure increased by 64% compared to the same period last year.

It is emphasized that in order to increase these indicators, it is necessary to stimulate the expansion of foreign trade by establishing mutual cooperation and information exchange between the customs services of both countries.

That is why the negotiations focused on such pressing issues as monitoring risks at customs, digitalization of customs procedures and efficient use of human resources.

The heads of the customs services of the two countries signed an agreement on cooperation and mutual assistance, which is an important legal basis for cooperation in the field of customs. This document, which opens a new page in the relationship, provides for the exchange of information between Uzbekistan and the United States in the field of customs and serves to further strengthen cooperation in the fight against drug trafficking, human trafficking, transnational criminal groups, money laundering and customs evasion.

It is noteworthy that the United States has signed similar bilateral customs cooperation agreements with only 17 countries out of 200, and Uzbekistan is the 18th country on this list.

During the talks, the parties discussed in detail the possibilities of attracting specialists from the U.S. border and customs services to Uzbekistan, as well as the possibility of training Uzbek specialists in the United States.

During the visit, the Uzbek delegation is scheduled to familiarize itself with the activities of the U.S. National Targeting Center, the Academy of Cynology, San Antonio International Airport in Texas, the auto-border customs post in Laredo on the border with Mexico, and the Texas-Mexico international railroad crossing.

https://president.uz/ru/lists/view/7559

 

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Spanish farmers demanded action against excessive grain imports from Ukraine

Spanish farmers from the association Unión de Uniones held a rally in front of the European Commission building in Madrid on Monday demanding action against excessive grain imports from Ukraine, uniondeuniones.org reported.

According to the report, the association also denounced the speculation on feed prices that livestock farmers are suffering from.

“Unión de Uniones held a rally in front of the European Commission building in Madrid to protest against excessive imports of agri-food products that create unfair competition with European production, especially grain from Ukraine, which cause prices to fall for farmers while ranchers continue to pay for expensive feed,” the report said.

The association has registered a letter to the president of the European Commission with its demands and proposals to resolve the situation.

Unión de Uniones will unite about thirty producers representing the main producing regions of Spain.

 

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Geographical structure of Ukraine’s foreign trade (exports) in Jan-June 2024, thousand USD

Geographical structure of Ukraine’s foreign trade (exports) in Jan-June 2024, thousand USD

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