Business news from Ukraine

Business news from Ukraine

AUSTRALIA WILL ADDITIONALLY PROVIDE ASSISTANCE TO UKRAINE FOR $100 MLN

Australian Prime Minister Entino Albenizi announced that Ukraine will be provided with additional military-technical assistance worth $100 million.
“Today we are announcing an additional $100 million in military-technical assistance. In total, we have already provided $390 million,” he said Sunday at a briefing in Kyiv after meeting with Ukrainian President Volodymyr Zelensky.
“We also provide an additional 14 armored personnel carriers and 20 Bushmaster armored vehicles. Thus, the total number of Bushmasters is 60 units,” he said.
According to the prime minister, Australia will also provide additional military equipment, drones.
“We will also provide additional assistance to the border troops of Ukraine,” he said.
According to the prime minister, “we will also reduce duties on Ukrainian goods. We will join the work of the International Court of Justice, announce additional sanctions and travel bans against 16 Russian ministers and big businessmen.”
Australia, according to the prime minister, will also ban the import of Russian gold.

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SUPREME COURT OF ISRAEL LIFTS RESTRICTION ON ENTRY OF CITIZENS OF UKRAINE INTO COUNTRY

The Supreme Court of Justice of Israel (High Court of Justice) by its decision canceled the order of the Minister of Internal Affairs of the country, Ayelet Shaked, to deprive Ukrainian citizens of the right to visa-free entry to Israel, which was introduced after the outbreak of a full-scale war in Ukraine, NEWSru.co.il reports. Sunday.
“According to the decision of the High Court of Justice, citizens of Ukraine will be able to enter Israel for three months without the need to submit a special request for this. This practice was introduced by the decision of the head of the Ministry of Internal Affairs after the start of the war in Ukraine,” the report says.
It clarifies that the court also ordered the defendant (the State of Israel) to pay legal costs in the amount of 20,000 shekels.
As reported, Tomer Varsh’s law office in Israel filed a petition with the High Court against the decision of Israeli Interior Minister Ayelet Shaked to limit the number of Ukrainian refugees in Israel to 5,000. The Embassy of Ukraine expressed support for the petition.
The plaintiffs demanded that the Israeli authorities adhere to interstate agreements on visa-free entry to Israel for citizens of Ukraine. The High Court of Justice at a meeting on March 21, given that the term of the “scheme” for accepting Ukrainian refugees, proposed by the Minister of Internal Affairs Ayelet Shaked, expires on March 27, and the Committee on Internal Affairs must discuss this issue on March 23, took the following decision: The defendants must submit an application for decision within 24 hours after it is made, but no later than March 28.
The embassy statement indicates that the court recognized the existence of legal decisions regarding the consideration of the issue of entry of Ukrainian citizens to Israel. The statement also said that “Interior Minister Shaked and the Knesset Home Affairs Committee will ‘rethink’ the current entry policy and allow the entry of Ukrainian citizens ‘without any preconditions’.”

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BRITISH PRIME MINISTER JOHNSON BECOMES HONORARY CITIZEN OF ODESA

British Prime Minister Boris Johnson has become an honorary citizen of Odesa, Mayor Hennadiy Trukhanov said in an interview with BBC.
“We very much appreciate the help of your country, your Prime Minister. Therefore, I signed an order to award Boris Johnson with Grigory Marazli Honorary Badges of the 1st, 2nd, 3rd degrees,” Trukhanov was quoted by the press service of Odesa City Council on Telegram.
The presence of all degrees of the award automatically made Johnson an Honorary Citizen of Odesa.
According to Trukhanov, the United Kingdom is the main ally and friend of Ukraine.
“If the entire world community took the same position as the people of Britain, we would have defeated the occupiers long ago,” the mayor of Odesa emphasized.
“I emphasize that this is the struggle of the entire civilized community against fascism version 2.0, and in this struggle, Mr. Johnson will become the first Honorary Citizen of the city – a citizen of Great Britain, since 1862, for the entire existence of the award,” the mayor emphasized.

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EXPERT IGOR STAKOVYCHENKO TOLD WHAT TECHNOLOGIES WILL BE USED IN RESTORATION OF HOUSING FACILITY IN UKRAINE

On July 1, the “Register of Destruction” is launched in Ukraine. With its help, homeowners whose houses and apartments were damaged as a result of hostilities and enemy shelling will be able to apply for compensation using the Diya application.

At the same time, the question of what the restored houses of Ukrainians will be like, taking into account the new realities and requirements for the housing stock after the war, remains no less important. The Open4business portal discussed these issues with Igor Stakovichenko, an expert in the field of construction and real estate.

“The introduction of the “Register of Destruction” will greatly simplify the procedure for compensating for damages for affected citizens. In fact, such a registry will bring together all the data on the destruction in the country. This will be very useful both for the state of Ukraine and for individual citizens when receiving compensation from the aggressor through international legal institutions,” the expert noted.

As for the new technologies that will be used in the construction of housing, here Stakovichenko recommends first of all to focus on the needs of society.

“What most people want from a new home, whose homes have been destroyed by the war, is reliability and security. The presence of equipped bomb shelters, convenient evacuation routes, autonomy – these are the criteria without which it is difficult to imagine post-war architecture,” Igor Stakovichenko stressed.

In his opinion, a good option would be the restoration and development of numerous recreational areas, some of which were abandoned even before the war. Stakovichenko believes that many Soviet-built sanatoriums and boarding houses, which have been practically not used for all the years of independence, can become a good platform for building eco-friendly settlements with autonomous service, since most of the communications have already been connected to them.

“Environmental friendliness and high technologies during construction will also become the hallmark of post-war architecture in Ukraine. Projects such as “zero energy houses”, or even “mini-power houses”, which are now being widely implemented in the EU, will also be popular after the war,” the expert added.

At the same time, Igor Stakovichenko sees no special prospects for aggressive development in the central areas of large cities, which was practiced before the war.

“Multi-apartment residential complexes in large cities will certainly continue to be built, but whether there is a buyer for such housing is already a question. I think many have already revised or will reconsider their views on comfortable housing as a result of the war,” the expert concluded.

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RESTORATION OF UKRAINE SHOULD BE COORDINATED BY UMBRELLA STRUCTURE – OPINION

The post-war reconstruction of Ukraine should be coordinated by an umbrella structure, including both governmental and non-governmental actors, in order to maximize synergy and efficiency, the Center for Economic Recovery (CEV), operating within the Council for Economic Development under the Cabinet of Ministers, made such a recommendation.
“Determine the responsible body for coordinating (not managing) the recovery process and establish unified coordination mechanisms that will prevent the ineffectiveness of parallel management,” says the CEV report, prepared at the request of the Organizing Committee of the Ukrainian Conference on Recovery, which will be held in Lugano on July 4-5.
The authors of the report point out that thanks to the success of the decentralization program, public administration reform and digitalization of public services, the Ukrainian public administration system is better prepared for the post-war recovery, but there is still a shortage of qualified managers, especially in the regions.
In the opinion of the CEV, the government agencies of Ukraine should be able to effectively and quickly implement the Recovery Plan without excessive involvement or external support from international organizations or local NGOs.
“Thus, Ukrainian public administration must become transparent, citizen-centered, inclusive and fully capable of providing effective governance,” the report emphasizes.
For this, according to the document, a reform of the anti-corruption system and the rule of law (including the cleaning of the High Council of Justice and transparent selection to the High Qualifications Commission of Judges), parliamentary control over the implementation of the Recovery Plan of Ukraine, building the capacity of local government, digitization and automation of the recovery process are necessary ( including e-contracts, reporting, fundraising, etc.).
In addition to the architecture of recovery, the CEV also offers its views on four other priority themes, in its opinion: infrastructural, economic, social recovery and environmental recovery.
In particular, according to experts, when restoring infrastructure, it is worth proceeding from current needs, comply with the digital and green transitions, and fit into integrated territorial plans and master plans of cities.
The CEV also proposes to focus on the development of industrial parks, resume privatization and create a network of business support centers.
With regard to logistics, the report proposes to expand the railway connection with the European gauge, develop ports on the Danube and river links with Europe, reconstruct or build 5-7 airports.
According to experts, the basis for economic recovery will be the preservation of macroeconomic stability, the expansion of economic freedoms, European integration and access to European markets.
The report also highlights the need to ensure access to finance, including through public assistance: wartime subsidies, loan guarantees and interest rate cuts, as well as mortgage coverage, low-risk SME lending.
It is also planned to develop the financial market by attracting venture capital, alternative financing, creating a fund of funds and restarting the capital market with a capital amnesty, pension reform and the medical insurance system.

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TURKEY PLANS TO HOLD TRILATERAL TURKEY-TURKMENISTAN-AZERBAIJAN SUMMIT

Turkish Vice President Fuat Oktay announced plans to hold a trilateral Turkey-Turkmenistan-Azerbaijan summit.
“Noting that (Turkish President Recep Tayyip) Erdogan invited Turkmen leader Serdar Berdimuhamedov to Turkey, Oktay said that a trilateral Turkey-Turkmenistan-Azerbaijan summit would be held after the visit,” Turkish TV channel TRT Haber reported.

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