Forecast of dynamics of changes in Ukrainian GDP in % for 2022-2025 in relation to previous period
Source: Open4Business.com.ua and experts.news
Real GDP in 2021-2025 (forecast)
Source: Open4Business.com.ua and experts.news
Real GDP percentage changes over previous period in 2014-2023
Source: Open4Business.com.ua and experts.news
WBA flyweight world champion Artem Dalakyan (22-0, 15 KOs) of Ukraine will defend his belt against Seigo Akui (18-2-1, 11 KOs) of Japan on January 23. The fight for the WBA lightweight world title will take place at the Ryogoku Kokugikan arena in Tokyo, Japan.
The fight with Dalakyan’s participation will be shown live on XSPORT TV channel. The beginning is at 11:00.
Before the start of the broadcast, an analytical studio will be held on the official XSPORT YouTube channel. The guest expert will be a well-known Ukrainian boxing coach, former WBA world champion Vyacheslav Senchenko. The online broadcast starts at 10:10. Pre-fight analytics, exclusive footage from the training camp of our champion, an interview with Artem Dalakyan himself, expert opinions and much more await the viewers of the XSPORT studio, who will also be able to enjoy watching the fight with Viacheslav Senchenko and the XSPORT host, and after the fight will receive a detailed analysis of the fight and expert opinions.
It will be recalled that Artem Dalakyan fought his last fight in January 2023, defeating David Jimenez. Artem won the vacant WBA world title in 2018. Since then, he has made six title defenses.
Ukraine in 2023 reduced exports of titanium-containing ores and concentrate in physical terms by 96.4% compared to 2022 – to 11.648 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, exports of titanium-containing ores and concentrate decreased by 85.1% to $19.426 million.
The main exports were to Turkey (38.21% of shipments in monetary terms), Japan (16.53%) and India (6.12%).
Ukraine imported 1 ton of such ore from the Netherlands for $2 ths.
As reported, Ukraine in 2022 reduced exports of titanium-containing ores and concentrate in physical terms by 41.8% year-on-year to 322.143 thousand tons, in monetary terms by 19.6% to $130.144 million. The main exports were to the Czech Republic (47.91% of shipments in monetary terms), the United States (11.94%) and Romania (9.75%).
Ukraine in 2022 imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.
In Ukraine, titanium-containing ores are currently mined mainly by United Mining and Chemical Company PJSC (UMCC), which has taken over Volnogorsk Mining and Metallurgical Combine (VGMK, Dnepropetrovsk region) and Irshansk Mining and Processing Combine (IGOK, Zhytomyr region), as well as by Mezhdurechensky GOK LLC and Valki-Ilmenit LLC (both located in Irshansk, Zhytomyr region). In addition, production and commercial firm “Velta” (Dnipro) built a mining and processing plant at Birzulovskoye deposit with the capacity of 240 thousand tons of ilmenite concentrate per year.
In addition, production and commercial firm “Velta” (Dnipro) built a mining and processing plant at Birzulovskoye deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
exports of titanium-containing ores, STATE CUSTOMS SERVICE, UNITED MINING AND CHEMICAL COMPANY
Ukraine and Switzerland will hold joint business missions for domestic businesses to explore opportunities for Swiss companies to invest in Ukraine, as well as opportunities for Ukrainian companies in Switzerland.
This was discussed at the Swiss-Ukrainian round table in Davos on January 17, dedicated to Ukraine’s recovery, according to the website of the Ministry of Economy.
During the meeting, Deputy Economy Minister Volodymyr Kuzio noted that Ukraine had managed to build an infrastructure of war risk insurance in 2023. Thus, MIGA has already insured the first investments, Japan, the UK and Norway have already contributed to the MIGA Sure trust fund. DFC will insure 5 projects for $380 million, EBRD is working on the creation of a mechanism to insure war-related property risks for damage to goods during transportation and warehouses. Also, the Ministry of Economy together with British partners launched a mechanism of insurance of ships against war risks. In addition, by early 2024, 14 foreign Export Credit Agencies (ECAs) have insurance terms to support Ukraine and five more are working on their implementation.
The Swiss side noted that it is working on the issue of launching a reinsurance market involving their ECAs and private companies, the report said.
“Traditionally, the largest sectors of Swiss investment have been industry, financial and insurance activities. We hope to continue this trend in the future,” Vladimir Kuzio emphasized.
During the round table, representatives of Swiss companies and business associations assured that they are ready to support feasibility studies of investment projects and join the deregulation reform. The parties agreed to prepare a list of documents that, in the opinion of foreign investors, prevent them from entering the Ukrainian market or working in Ukraine, and these documents will be considered during the meeting of the interdepartmental working group on deregulation.
In addition, the issue of participation of Swiss companies in public procurement in Ukraine was raised. Within the framework of updating the Free Trade Agreement with the European Free Trade Association, Switzerland will improve the mechanism of mutual access to the public procurement market.
Representatives of Swiss companies already operating in Ukraine noted the improvement of the business climate last year.
