Minister of Foreign Affairs of Ukraine Dmytro Kuleba held a telephone conversation with Minister of Foreign Affairs of the Islamic Republic of Pakistan Shah Mehmood Qureshi, the parties agreed to hold the first ever meeting of the joint economic commission.
“The heads of Ukrainian and Pakistani diplomacy agreed to hold the first political consultations of the foreign ministries and the first ever meeting of the Joint Ukrainian-Pakistani Commission on Economic Cooperation,” the press service of the Ukrainian Foreign Ministry said on its website.
Kuleba also said that it was Ukrainian traders who exported the critically needed volume of grain, which compensated for two-thirds of the deficit during last year’s food crisis in Pakistan. Thus, the minister said that Ukraine is ready to increase export volumes, in particular, together with Pakistan, to develop trade with other countries in the region.
“The ministers expressed a common desire to significantly increase the number of Pakistani students coming to study in Ukraine. The parties exchanged invitations to make visits,” the ministry said in the statement.
DMYTRO KULEBA, ECONOMIC, ECONOMIC COMMISSION, MINISTER OF FOREIGN AFFAIRS, PAKISTAN
Ukrgazvydobuvannia in January-July 2021 reduced gross production of natural gas by 5.2% (by 437 million cubic meters) compared to the same period in 2020, to 7.932 billion cubic meters, the press service of the company said.
According to its data, gross production for the seven months decreased by 5.1% (by 406 million cubic meters) compared to January-July 2020, to 7.493 billion cubic meters.
Underfulfillment of the production plan is 125 million cubic meters and 51 million cubic meters respectively
In July 2021, gross gas production decreased by 4.8% (by 57.5 million cubic meters) compared to July 2020, to 1.144 billion cubic meters, marketable – by 4.5% (by 50.8 million cubic meters), to 1.088 billion cubic meters.
To stabilize production indicators during January-July 2021, the company commissioned 25 new wells, carried out 80 well workovers, performed 321 coiled tubing operations, 71 hydraulic fracturing operations, carried out nine sidetracking operations, equipped a remote monitoring system for 197 high-production wells.
As reported, Ukrgazvydobuvannia, 100% of which belongs to NJSC Naftogaz Ukrainy, in 2020 reduced production of marketable gas by 1.2% (by 170 million cubic meters) compared to 2019, to 13.45 billion cubic meters, and the company’s gross production amounted to 14.23 billion cubic meters.
The full transition of all public services to the “paperless” regime in Ukraine will end in three months, Prime Minister of Ukraine Denys Shmyhal has said.
“Ukraine will switch to the ‘paperless’ regime in three months. This week, President Volodymyr Zelensky signed a law on the transfer of all public services online. No government agency will be able to require a paper certificate anymore, since all information will be contained in electronic registers,” Shmyhal said on Facebook on Sunday, August 8.
He noted that thanks to the transition to the “paperless” regime, it will help increase the number of public electronic services and minimize the corruption component when receiving them.
“The Ministry of Digital Transformation is actively working on the digitalization of services in order to exclude the influence of the human factor on decision-making,” the Prime Minister said.
As reported, on July 15, the Verkhovna Rada passed a draft law on the specifics of providing electronic public services (on the “paperless” regime).
DTEK Energy, amid low coal stocks at its TPPs’ warehouses, has begun importing thermal coal from Kazakhstan and is negotiating coal supplies from Poland and the United States, the company’s press service has said.
According to the press service, DTEK Energy is actively looking for opportunities to provide TPPs with additional imported coal.
“Despite the increased demand for coal on global markets, we are actually starting to import it. The first batch from Kazakhstan is already on its way. Next week we expect the start of coal supplies from Poland. We are also negotiating the supply of shiploads from the United States,” CEO of DTEK Energy Ildar Saleev said.
According to the Ministry of Energy of Ukraine, coal stocks in the warehouses of thermal power plants of five power generating companies (DTEK Dniproenergo, DTEK Zakhidenergo, DTEK Skhidenergo, Centrenergo and Donbasenergo) as of Wednesday morning dropped to 754,000 tonnes, which is almost 500,000 tonnes less than the accumulation schedule approved by the ministry on August 11 (1.237 million tonnes).
The net profit received by agricultural, forestry and fisheries enterprises in 2020 amounted to UAH 81.1 billion (11% down compared to 2019), this value exceeded the profitability indicators of other types of economic activity in Ukraine, the National Scientific Center Institute of Agrarian Economics (IAE) said on its website on Tuesday.
“Last year, 82.6% of enterprises in the industry saw UAH 107.9 billion of net profit, while only 17.4% of enterprises ended the year with losses of UAH 26.8 billion. This is the best indicator among all types of economic activity, where on average there were 71.0% of profit-making and 29.0% of loss-making enterprises,” Director of the IAE Yuriy Lupenko said.
The IAE recalled that the net profit of agricultural enterprises in 2019 amounted to UAH 91.3 billion, and the share of profit-making enterprises – 83.0%, while in the whole economy it was UAH 671.9 billion and 74.0%, respectively.
“So, at the end of 2020, the profits of agricultural enterprises decreased by almost UAH 10 billion, while maintaining a high share of profit-making enterprises,” Lupenko said.
In addition to agriculture, the largest net profit to the Ukrainian economy in 2020 was brought by enterprises of the financial sector and insurance activities (UAH 25.3 billion); repair of vehicles (UAH 22.2 billion); healthcare and social assistance (UAH 18.9 billion); transport, warehousing, postal and courier activities (UAH 18.0 billion); information and telecommunications (UAH 14.3 billion).
According to the IAE, the most significant losses were incurred in the past year by industrial enterprises (UAH 39.8 billion of loss) and the real estate industry (UAH 35.2 billion). The share of profitable enterprises in the agro-industrial complex significantly exceeds this value for other sectors of the economy. In particular, the share of profitable enterprises in the field of healthcare and social assistance amounted to 75.6% of their total number, repair of motor vehicles and motorcycles – 74.1%, transport, warehousing, postal and courier activities – 71.3%. At the same time, the smallest number of profit-making enterprises in 2020 was in the field of art, sports, entertainment and recreation (53.4%), as well as temporary accommodation and catering (58.8%).
National bank of Ukraine’s official rates as of 11/08/21
Source: National Bank of Ukraine
