The Cabinet of Ministers of Ukraine on Wednesday approved the draft decree on the signing of an agreement between the government of Ukraine and the government of the United States on projects in the field of research, developments, testing and evaluation, the authority to sign the agreement was given to Minister of Defense of Ukraine Andriy Taran, according to the Press and Information Office of the Ukrainian Defense Ministry.
“The signing of this agreement will give the Ukrainian side the opportunity to: conduct joint research and development work on the development of weapons and military equipment, their individual components; obtain information about advanced defense technologies, trends in their development; conduct of tests and testing of military equipment using equipment and technologies that are not available in Ukraine,” the office said.
The agreement also opens up the possibility of attracting foreign funding for research work by Ukrainian research institutions, as well as increasing the research potential of Ukraine through cooperation with partners in joint projects.
The ministry said that the implementation of the agreements will take place under project contracts within the framework of the agreement concluded between the Ministry of Defense of Ukraine and the U.S. Department of Defense.
“The signing of the Agreement is planned during the visit of the President of Ukraine to the United States and will be another important step in the development of strategic partnership with the United States in the field of armaments,” the Defense Ministry said.
Net profit of Citibank (Kyiv) amounted in the first half of 2021 to UAH 768.7 million, which is 14.2% more than in the same period in 2020, according to the bank’s report in the information disclosure system of the National Securities and Stock Market Commission.
According to it, the bank’s net interest income decreased over the first six months by 23.4%, to UAH 596.5 million, while the net commission income – by 0.9%, to UAH 125.1 million.
At the same time, the result from transactions with financial instruments recorded at fair value increased 4.8 times, to UAH 112.9 million. Profit from transactions with foreign currency amounted to UAH 117 million versus loss of UAH 52.5 million in the first half of last year.
In addition, Citibank also decreased reserves for the depreciation of securities in the portfolio for sale by UAH 75.7 million, while in the same period last year they had to be increased by UAH 102.4 million.
The bank’s assets decreased in January-June 2021 by 3.4%, to UAH 26.9 billion, although loans and customer debt increased by 49.6%, to UAH 3.74 billion. The bank’s liabilities since the beginning of this year have decreased by 1.4%, to UAH 25.01 billion, including customer funds – by 2.2%, to UAH 24.52 billion.
The bank’s equity capital decreased in the first half of 2021 by 23.9%, to UAH 1.89 billion.
Citibank was established in 1998 and is a subsidiary bank of American Citibank NA.
According to the National Bank of Ukraine (NBU), as of May 1, 2021, Citibank ranked 15th among 73 banks operating in the country in terms of total assets (UAH 27.92 billion).
INTERNAL AND EXTERNAL DEBT OF UKRAINE IN 2009-2021
Ukraine is changing the rules for crossing the border, in particular, it will oblige those entering from Russia and India to undergo 14-day self-isolation, Health Minister Viktor Liashko said during a government meeting on Wednesday.
“Unvaccinated foreigners and Ukrainians who arrived from Russia and India will be subject to special control. If they have spent the last seven days in these countries, they will be subject to mandatory self-isolation or observation for 14 days without the possibility of early termination,” he said.
“The new Delta coronavirus strain is actively spreading in Europe. A large outbreak is recorded in Russia. We propose new border crossing rules, which will take effect seven days after the official publication, in order to reduce the possibility of the spread of the virus in Ukraine. Also due to these changes, we we will be able to conduct better epidemiological investigations if a carrier is identified,” the minister said.
Nova Poshta Global, part of Nova Poshta Group, began delivering goods from online stores in Turkey; goods can be ordered through the NP Shopping website, the company’s press service said on Tuesday.
“Now Turkey is the third largest exporter of clothing in the world, and local manufacturers are actively developing their own brands – today there are more than 500 of them in the market. We expect orders from such online platforms as Hepsibursada, Trendyol, Morhipo, Collezione and others, because very few top Turkish brands are sold abroad online. Of course, the catalog of online stores will be constantly replenished with new names, so Ukrainians will feel like shopping in Turkey,” the press service said, citing Deputy Director for Product Development and Marketing of Nova Poshta Global Olha Volodina.
The company notes that for Turkish goods, the shipping cost will decrease in accordance with the weight of the shipment. To calculate the final shipping cost, one can use the calculator on the NP Shopping website.
Delivery times for orders from Turkey are from eight working days.
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The guide is available for download online in Ukrainian and English languages.
“It is my sincere hope that the Ukrainian business will have an opportunity to benefit from the AEO Programme and its special simplifications and this will enhance confidence in customs authorities.” – commented Vita Miroshnychenko, Head of Customs Regulations and International Trade practice, author of the guide on AEO programme, PwC Ukraine.
