Business news from Ukraine

Business news from Ukraine

ATTRACTION OF INVESTMENTS: UZBEKISTAN INTERESTED IN NEW PROJECTS IN UKRAINE

Today, on July 30, Deputy Economy Minister of Ukraine Iryna Novikova met with the founder of Welfare Investment Alliance consulting company, Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to Ukraine (2012-2019) Alisher Abdualiev.

The Deputy Minister of Economy expressed hope for the further strengthening of relations between the two countries and stressed that creating comfortable conditions for doing business and implementing new investment projects is an extremely important step for enhancing investment cooperation between the states.

“Today Ukraine is interested in attracting investments and therefore is actively introducing new legislative initiatives. We see a great demand from investors for industrial parks and a new mechanism to support investors in attracting investments, the so-called law on ‘investment nannies’,” Novikova said.

During the meeting, the participants discussed the prospects and possibilities of creating a simplified access to the markets of the countries, a favorable environment for the implementation of joint projects and attracting investments.

So, among the promising industries for cooperation between the two countries is the aviation industry, as well as the implementation of projects to create livestock complexes and silk production in Ukraine.

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KINGDOM OF BELGIUM TO GIVE TO UKRAINE RESEARCH VESSEL TO MONITOR BLACK SEA’S ECOSYSTEM

Ukraine and the Kingdom of Belgium have signed a Memorandum of Understanding in the field of water protection and reproduction and rational use of water resources.
According to the press service of the Ministry of Environmental Protection and Natural Resources of Ukraine on Friday, the document was signed by the Belgian Federal Science Policy Office, the Royal Belgian Institute of Natural Sciences and the Ministry of Ecology.
It is noted that by this memorandum, the Belgian side confirms its readiness to transfer the research vessel Belgica to Ukraine free of charge. The 1984 vessel is in good condition and has unique built-in equipment such as high-precision echo sounders.
“The protection of marine ecosystems is included in the ecological block of the EU-Ukraine Association Agreement, according to which our state must carry out regular marine monitoring in accordance with European standards. Now Ukraine is implementing the provisions of the EU Marine Strategy Framework Directive to gradually achieve a good environmental status of the marine environment. Thanks to the Belgian side for such assistance, which will strengthen the environmental monitoring of the Black Sea,” Minister of Environmental Protection and Natural Resources of Ukraine Roman Abramovsky said.
In addition, it is reported that scientific monitoring of fish stocks, fundamental scientific research on the high seas, geological exploration of the seabed, and so on will be carried out independent of fisheries.
“The memorandum provides for the strengthening of cooperation between Ukrainian and Belgian scientists on the joint study of the Black Sea, in particular the problem of raising the level of hydrogen sulfide. At the same time, the Belgian side invites Ukrainian specialists to join research in the North Sea,” the ministry added.
They note that in the near future, with the financial support of the EU project “EU for Improving Environmental Monitoring in the Black Sea” (EU4EMBLAS), the vessel Belgica will go to Ukraine under the Ukrainian flag.
“And in the autumn, a comprehensive monitoring of our sea areas will begin on board this vessel,” the ministry said.

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ITALY OPEN TO UKRAINIANS FROM JULY 31

The Italian government will open entry for all types of travel for Ukrainian citizens from July 31, Ukrainian Foreign Minister Dmytro Kuleba said.
“Everyone asked when Italy would open. I answer that Italy has been restoring visa-free travel for Ukrainians since July 31 according to the recommendation of the EU Council. There is a nuance, five days of self-isolation upon arrival. But even self-isolation cannot spoil emotions when you are in Italy,” Kuleba said on Twitter on Friday.
According to the information on the website of the Consular Service of Ukraine, since July 31, Ukraine has been included in the list of countries of D category, which provides for the opportunity to visit the territory of the Italian Republic for any purpose, including tourism.
At the same time, those wishing to visit Italy should take into account the mandatory requirements: the presence of a certificate of a negative result of molecular or rapid testing for COVID-19, which must be done at least 72 hours before arrival; fill out the online Passenger Locator Form on the website: https://app.euplf.eu/; upon arrival in Italy, citizens must self-isolate for five days, after which they must retest for COVID-19, which must confirm a negative result.
These conditions will be valid until August 30, 2021.

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 30/07/21

National bank of Ukraine’s official rates as of 30/07/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JULY 30

Official rates of banking metals from national bank as of July 30

One troy ounce=31.10 grams

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