Business news from Ukraine

Business news from Ukraine

Ukraine and Turkey sign agreement on electronic data exchange between customs offices

An agreement between the Government of Ukraine and the Government of Turkey on the establishment of a system for the electronic exchange of preliminary information on goods and vehicles moving between the parties was signed in Istanbul on Friday as part of a meeting between President of Ukraine Volodymyr Zelenskyy and President of Turkey Recep Tayyip Erdogan.

“According to the document, information exchange will be carried out between the State Customs Service of Ukraine and the Ministry of Trade of Turkey. Based on the agreement, a system of electronic exchange of preliminary information will be created, through which a predetermined set of data will be exchanged in electronic form,” the press service of the President of Ukraine reports.

It is noted that the information received by the customs authorities of the parties will help speed up the movement of goods and vehicles across the borders of both states, as well as counteract customs offenses.

On behalf of Ukraine, the agreement was signed by Defense Minister Rustem Umerov, and on behalf of Turkey – by Trade Minister Omer Bolat.

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Czech Republic raises funds to purchase 800,000 artillery rounds for Ukraine

The Czech Republic has raised the necessary amount of money to purchase 800,000 pieces of artillery ammunition for Ukraine, which is to be delivered in the coming weeks, Czech News Agency (ČTK) reports, citing Czech President Petr Pavel.

“As of this morning, we have collected the total amount for the purchase of all ammunition, that is, 800,000 pieces,” Pavel told reporters during a visit to the Central Bohemian region.

According to him, the next step will be to sign a memorandum between the Czech government and the 18 countries that have joined the initiative.

“Then, the Czech side will send information to all the supplier countries about the schedule and how we will act,” the Czech president said.

He refused to name the amounts received from individual countries and added that Norway has contributed the required amount.

“Now it all depends on the ability of our companies and the Ministry of Defense to speed up the whole process (of transferring ammunition – IF-U),” Pavel added.

On February 17, it was reported that the Czech Republic is looking for ammunition and weapons to supply Ukraine as soon as possible around the world, in particular, there is a possibility of supplying 500,000 155 mm and 300,000 122 mm shells from third countries within weeks if the necessary funding is received.

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Dynamics of changes in discount rate of NBU – from 2013 to 2023

Dynamics of changes in discount rate of NBU – from 2013 to 2023

Source: Open4Business.com.ua and experts.news

Norway joins air defense coalition to support Ukraine

Norway has joined a coalition to support Ukraine in the field of air defense, the press service of the Norwegian government reports.

“It is quite natural for Norway to be part of such an air defense coalition. Norwegian NASAMS contributes to saving Ukrainian lives and protecting critical infrastructure every day,” said Norwegian Defense Minister Bjørn Arild Gram.

The press release notes that the Norwegian government has already joined three coalitions that provide military support to Ukraine. These are the Maritime Coalition, which Norway leads jointly with the United Kingdom, the F-16 Coalition, under which the Norwegian government will provide Ukraine with F-16 fighter jets and train the Ukrainian Armed Forces in their operation, and the Air Defense Coalition, led by Germany and France.

“We have stated that we will provide support where it is most needed. Air defense is on Ukraine’s list of priorities. It is absolutely necessary to protect military departments, cities and critical infrastructure necessary to support the life of society,” the head of the Norwegian Defense Ministry emphasized.

As reported, on February 14, France and Germany launched a coalition in Brussels to support Ukrainian air defense within the framework of the Contact Group on Ukraine’s Defense.

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INGO Insurance Company has introduced new service – interactive medical record

INGO Insurance Company (Kyiv) has introduced a new service – an interactive medical map for insured persons, which allows the company’s clients to find information about medical institutions in their region or any other place.

According to the insurer’s website, the interactive map shows the location of medical facilities, diagnostic centers, dentists, laboratories and health centers.

The service allows you to select the nearest medical facility using geolocation, add favorite facilities for further quick access, and filter by facility name, type and location.

Along with the map, the website has updated the downloadable file of the medical facilities database, which includes data by department level. Instead of being divided by insurance risks and types of medical care, all information is now presented on one sheet. Risks have a price level from 1 to 4, where 1 is the cheapest (or available to all when covering the corresponding risk), and level 4 is the most expensive.

“INGO is a full member of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), a member of the American Chamber of Commerce (ACC), the European Business Association (EBA), the National Association of Insurers of Ukraine (NAIU) and the International Chamber of Commerce (ICC).

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The Cabinet of Ministers has approved program for partial compensation of farmers for purchase of Ukrainian-made agricultural machinery.

The Cabinet of Ministers of Ukraine has approved the procedure for the use of funds for partial compensation to agrarians for the purchase of agricultural machinery of domestic production, Prime Minister Denis Shmygal said.

“This year we allocate UAH 1 billion for the program of partial compensation to agrarians who buy agricultural machinery of our Ukrainian production. We will compensate 25% of the cost. We approve today the appropriate procedure for the use of funds and improve some elements of this program,” Shmygal said at a government meeting on Friday.

Ot noted that according to the estimates of the Ministry of Economy, the program will allow to double the share of domestic agricultural machinery in the domestic market.

“Imports will decrease by about 10%. Re-equipment of 4.5 thousand producers will take place. About 1 thousand additional jobs will be created, which in turn will give more taxes to the budget,” – said Prime Minister.

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