The International Atomic Energy Agency (IAEA) has launched negotiations on the creation of a nuclear safety zone at the Zaporizhia nuclear power plant (NPP), head of the agency Rafael Grossi says.
“Kicked off IAEAGC week meeting with US Under Secretary for Arms Control Bonnie Jenkins. Urgent establishment of Nuclear Safety and Security Protection Zone at Zaporizhia NPP in focus. Work to keep Ukraine’s nuclear sites safe and secure remains priority and US support is highly appreciated,” he said on Twitter.
Earlier, the International Atomic Energy Agency published a report on the results of the mission to ZNPP. It said, in particular, about the need to “immediately take intermediate measures to avoid a nuclear incident that could occur due to hostilities.” “The issue can be resolved by immediately creating a safety zone,” the authors pointed out.
The IAEA expressed its readiness to immediately begin consultations on the urgent establishment of such a safety zone.
Exports of organic products from Ukraine to the countries of the European Union and Switzerland in January-June 2022 increased by 19.4% compared to the first half of 2021 – up to 160,020 tonnes from 128,840 tonnes, this happened despite problems with logistics and the blockade of Ukrainian seaports due to full-scale Russian aggression.
According to the website of the information portal OrganicInfo, by the end of 2022, Ukraine is expected to reduce land under organic products due to the temporary occupation of its southern regions. At the same time, in the Ukrainian territories liberated from Russian occupation in early April, the work of organic producers has been almost completely resumed this season.
It is specified that in general, in 2021, Ukraine exported about 260,000 tonnes of organic products for a total amount of about $220 million to more than 30 countries of the world, of which 82% of the revenue came from the EU countries.
“In 2021, Ukraine slightly reduced the volume of supplies of organic products to the EU, but still remains in the TOP 5 largest suppliers of organic products in the EU. In 2021 the total share of Ukrainian imports amounted to 6.6% (of all imports to the EU),” OrganicInfo said.
OrganicInfo is an information portal created by the international charitable environmental organization Green Dossier, which aims to promote organic production, organic food and sustainable lifestyles.
Horizon Capital, a U.S. private equity firm investing in high-growth export-oriented companies in Ukraine and the region, has announced the formation of a new Horizon Capital Growth Fund IV, L.P. (HCGF IV), which attracted $125 million in the first stage.
“With the launch of HCGF IV, Horizon Capital achieved an all-time high first stage result, raising 50% of its $250 million goal,” the company said in a statement Monday.
According to him, at the first stage, the Fund was supported by the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), a subsidiary of KfW Group – Deutsche Investitions-und Entwicklungsgesellschaft (DEG), the Dutch Development Bank (FMO), the Swiss Investment Fund for Developing markets (SIFEM), the Western NIS Enterprise Fund, and the Zero Gap Fund (formed in collaboration between The Rockefeller Foundation and the John D. and Catherine T MacArthur Foundation).
The fund will support visionary entrepreneurs leading high-growth technology and export-oriented companies.
The official signing ceremony took place on Monday at the London office of IFC. It was attended by leading representatives of investing institutions, as well as the founder and CEO of Horizon Capital Olena Koszarna and senior partner Vasily Tofan. Ukrainian President Volodymyr Zelensky also joined the fund’s investors for the official signing ceremony with Ukraine via video link.
“We are honored to make history by launching the first fund for Ukraine and Moldova since February 24, and the first fund to support these countries since they received their well-deserved and hard-won EU candidate status in June of this year,” – quoted in a press release by Kosharna.
Earlier, the EBRD and IFC announced that they had approved an investment in HCGF IV of $50 million and $30 million, respectively.
In addition, the Western NIS Enterprise Fund (WNISEF) allocated $10 million as part of the first phase of the fund’s formation.
IFC specified that the fund would invest $10-30 million to acquire minority stakes in 10-15 mid-cap companies worth $50-150 million.
HCGF IV is the successor to the Emerging Europe Growth Fund III (EEGF III, 2017) and will follow a similar investment strategy focused on IT services and products, as well as e-commerce, innovative consumer products and fintech, according to corporate filings.
IFC recalls that it invested in EEGF III and EEGF II (2008), while the EBRD was an investor in EEGF III and EEGF II, as well as HCGF II.
Horizon Capital is a large investment company that manages five private equity funds (more than 40 institutional investors) with assets of $1.1 billion, including WNISEF (with a capital of $150 million), Emerging Europe Growth Fund (EEGF, $132 million), EEGF II ( $370 million) and EEGF III ($200 million) and HCGF II ($258.3 million). The resources of these funds are invested in projects in Ukraine and Moldova.
By his decree, President of Ukraine Volodymyr Zelensky has appointed Oleksiy Makeev as Ukraine’s Ambassador to Germany.
The relevant document No. 662/2022 was published on the website of the head of state on Friday.
“To appoint Aleksey Sergeevich Makeev as Ambassador Extraordinary and Plenipotentiary of Ukraine to the Federal Republic of Germany,” the decree says.
Oleksiy Makeev is a special representative of the Ministry of Foreign Affairs of Ukraine on sanctions policy.
Makeyev’s predecessor as Ukraine’s ambassador to Germany, Andriy Melnyk, was fired by President Zelensky on July 11. He has held this post since 2014.
The next four ships with 88.17 thousand tons of agricultural products left the ports of Odessa and Pivdenny on Friday for the countries of Asia and Europe, the Ministry of Infrastructure of Ukraine reports.
“MAINLAND, NEW FAITH, USICHEM departed from the berths of the port of Odessa. From the port of Pivdenny – KARTERIA,” the agency noted on Facebook.
In general, since the launch of the first vessel with Ukrainian food, taking into account today’s vessels, 4.9 million tons of agricultural products have been exported. In total, 222 ships with agricultural products departed from Ukrainian ports, sent to the countries of Asia, Europe and Africa.
As reported, on July 22 in Istanbul, with the participation of the UN, Ukraine, Turkey and Russia, two documents were signed on the creation of a corridor for the export of grain from three Ukrainian ports – Chornomorsk, Odessa and Pivdenny.