On November 7, the 10th Kyiv International Economic Forum was held in Kyiv. The main theme of the Forum was “The Power of Challenge. What will shape the future of Ukraine and the world?”.
This year’s event was attended by over 1000 guests. More than 100 speakers took part in 16 panel discussions: entrepreneurs, top managers, representatives of international organizations, analysts, and government officials. They shared their vision of Ukraine’s role in the global economy, attracting investment in the face of ongoing armed aggression, developing defense technologies, and the future of the energy system.
President of Ukraine Volodymyr Zelenskyy addressed the Forum. In his video address, he said that business would be involved in the economic part of the internal victory plan.
“We have invited businesses to join the development of the internal plan of economic direction. First Vice Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko is leading this work. And the strategic vision of entrepreneurs will be taken into account. Just as one of our key geopolitical needs will be in Europe. This is the foundation,” the President said.
The Kyiv International Economic Forum was opened by Prime Minister of Ukraine Denys Shmyhal. He shared his vision of the future prospects and challenges of the present. In his speech, he spoke about the economy, financial stability, energy, logistics, booking and business support. The Prime Minister noted that the country will have the funds to finance the army and all priority budget expenditures.
“For 2025, we have an absolute understanding of how we will close the budget deficit. We are continuing the Ukraine Facility program with the International Monetary Fund and the European Union. The $50 billion (note: confiscated Russian assets) that we will receive from the G7 countries and the European Union will be our reserve, our airbag for the next year and even the years after that. This is what we agreed with the IMF and our partners. This means that we will not resort to emission financing of the budget,” the Prime Minister emphasized.
The first discussion panel “The Common Future of Ukraine and Europe” was attended by Yulia Svyrydenko, First Vice Prime Minister and Minister of Economy of Ukraine, Mykhailo Fedorov, Vice Prime Minister for Innovation, Education, Science and Technology, Minister of Digital Transformation of Ukraine, Vyacheslavs Dombrovskis, Minister of Economy and Energy of Latvia (2014), Vyacheslavs Dombrovskis, Minister of Education and Science of Latvia (2013-2014) and John Denton, Secretary General of the International Chamber of Commerce (ICC).
“Ukraine’s integration into the EU will create added value not only for Ukraine but also for Europe. We have deposits of critical materials that the EU lacks and a growing defense industry. We have the potential and ambition to replace part of the EU’s imports with goods produced in Ukraine, strengthening European strategic autonomy. To this end, we are implementing a number of policies, including the Made in Ukraine program, to stimulate production, attract investment in the real sector and strengthen non-resource exports,” said Yulia Svyrydenko.
During the discussion, Mykhailo Fedorov, Minister of Digital Transformation of Ukraine, noted the rapid development of defense technologies.
“We are now seeing how technologies are developing during a full-scale war. Let’s take defense tech: at the beginning, we had 7 companies that created drones, and now there are 500 of them. And we see their number growing every week. But they do not appear by themselves, their appearance depends on incentives, on conditions,” said Mikhail Fedorov.
“The jubilee KIEF has demonstrated that we are able to cope with our challenge of bringing together different groups for the development of Ukraine. The KIEF is a platform that brings business, government and the civil sector together to develop ideas. This year’s discussions were heated, often emotional, but highly productive. We already have a vision of the key areas of work and approaches to them. I have a great hope that they will be implemented, and next year we will gather at the same venue and discuss the results,” said Yuriy Pyvovarov, CEO of the Kyiv International Economic Forum.
During one of the discussion panels, KIEF initiator and founder of the UFuture holding company Vasyl Khmelnytsky noted that the country’s success lies primarily in the unification of government and business.
“For us to catch up with Poland or China quickly, we need to unite business and government. I know that not everyone likes this idea, but if we need to build 10,000 factories or enterprises, it is impossible without cooperation with the government. The challenge is very big – the government and business must work as a team. We need more entrepreneurs, we need to teach entrepreneurship in schools. If we want to make an economic breakthrough, the government must develop education and create attractive conditions for business and investors,” summarized Vasyl Khmelnytsky.
Vasyl Khmelnytsky also emphasized the importance of making decisions in difficult situations: “If a business has no economy, sell it, even at a loss, and move forward. I had LvivTech.City, a very good project. But two years after the war started, I sold it at a loss, covered the loans, invested in UNIT.City, and continue to develop.”
This year, KIEF has raised UAH 1.1 million to help the Armed Forces and psychological rehabilitation of children. The funds will go to the 10th Separate Mountain Assault Brigade “Edelweiss”, which is fighting the aggressor in the East, and the NGO Gen.Ukrainian, which provides psychological rehabilitation for children in Gen.Camp camps.
The Kyiv International Economic Forum is one of the largest
international forums that brings together representatives of business, government and society to
to discuss key economic issues and global trends.
Recordings of the forum’s discussion panels are available on the KIEF YouTube channel.
Download photos from the event here.
Interfax-Ukraine is a long-term media partner of the Forum.
Title partners: UFuture, Mastercard, Nova Poshta, AEQUO, Germany, Naftogaz Group
Partners: Biopharma, Interpipe, FUIB, MHP, Epicenter, PrivatBank, Lamel,
Ajax Systems, Biosphere Corporation, Sense Bank, Kernel, Vodafone, OKKO, Metinvest
Program partners: ACC (American Chamber of Commerce in Ukraine), Center for
Center for Social Change and Behavioral Economics, GLOBSEC
Business expert: Forbes Ukraine
Title media partners: Starlight Media, 1+1 media
Media partners: New Voice, LIGA.net, Interfax-Ukraine, TAVR Media, RBC-Ukraine, Kyiv Post, Mind.ua, Delo.ua, The Kyiv Independent, Huxley, Tvoje Misto
On November 6, 2024, Charge d’Affaires of the Embassy of the People’s Democratic Republic of Algeria in Ukraine Y.V. Ahmed Ouail held a reception dedicated to the 70th anniversary of the Algerian Liberation Revolution at the Fairmont Grand Hotel in Kyiv.
70 years ago, on November 1, 1954, the Algerian people began an almost eight-year armed struggle against the French colonizers, which resulted in the country’s independence.
On March 19, 1962, the French government and the Algerian National Liberation Front signed the Evian Accords, which put an end to the bloody war (the death toll, according to various estimates, reaches 350 thousand to 1.5 million people).
And on July 1, 1962, during a referendum, Algerians supported the independence of their country.
The event traditionally began with the performance of the national anthems of the two countries – Algeria and Ukraine.
First, the Algerian diplomat, H.E. Mr. Ahmed Ouail, delivered a festive speech, in which he cordially greeted all the participants and expressed hope for further strengthening of multilateral ties and friendly relations between Algeria and Ukraine.
On behalf of the Ukrainian government, Deputy Minister of Foreign Affairs of Ukraine for Digital Development, Digital Transformation and Digitalization Anton Demokhin expressed his congratulations on the occasion.
After Ukraine declared independence on August 24, 1991, Algeria recognized Ukraine on December 27, 1991. On August 20, 1992, Ukraine and Algeria established diplomatic relations. On November 16, 1992, the first Ambassador of Algeria to Ukraine, Belramoul Camerzerman, presented his credentials to President Leonid Kravchuk.
Source: https://www.facebook.com/UkrDiplomatic
Average housing prices in Kyiv increased over the year from UAH 3.1 million to UAH 3.6 million (by 16.6%) in the primary market and from UAH 3.8 million to UAH 4.0 million (by 6.7%) in the secondary market, the OLX press service told Interfax-Ukraine. According to a study conducted in October 2024 among users of the OLX.Real Estate category, prices also increased in Odesa and Lviv, and decreased in Kharkiv.
In particular, in Odesa, prices for new buildings increased by 16% – from UAH 1.9 million to UAH 2.2 million, while in the secondary market average prices increased by 7% – from UAH 1.6 million to UAH 1.7 million. In Lviv, the primary market went up by 17.8%, from UAH 2.9 million to UAH 3.4 million, and the secondary market by 16.8%, from UAH 2.4 million to UAH 2.8 million.
In Kharkiv, average prices decreased from UAH 1.64 million to UAH 1.6 million in the primary market (-2.3%) and from UAH 1.09 million to UAH 1.03 million in the secondary market (-6%).
OLX also reported that in August-October 2024, Kyiv, Ivano-Frankivsk, Irpin, Odesa and Lviv were the leaders in the number of published ads for the sale of new buildings. In the secondary market, over the same period, the largest number of apartments were offered by sellers in Kyiv, Odesa, Kharkiv, Irpin and Dnipro.
As for potential buyers, they were most interested in ads on the primary market in Kyiv, Lviv, Odesa, Ivano-Frankivsk and Kharkiv; on the secondary market – in Kyiv, Odesa, Kharkiv, Lviv and Dnipro.
Overall, according to OLX statistics, Kyiv remains the city with the largest number of ads and responses to them. The top cities also include Kharkiv, Odesa, Dnipro, Ivano-Frankivsk, and Lviv. At the same time, Lviv has significantly fewer active ads than other large cities, but more responses from job seekers, which indicates an increased demand for real estate in this city. People are also actively selling and looking for apartments near Kyiv, as evidenced by the presence of Irpin in the ranking.
The Food and Agriculture Organization of the United Nations (FAO), together with the Ministry of Agrarian Policy and Food of Ukraine and the Ministry of Education and Science of Ukraine, announce the launch of an open call for proposals for the development of online training courses. This initiative is funded by Ireland through the EBRD Small Business Support Facility and FAO, SEEDSwrites .
The purpose of the competition is to develop online training courses to overcome the shortage of professional knowledge and skills in the agricultural sector, food and processing industry with a focus on small and medium-sized businesses (SMEs) in Ukraine. The courses cover a wide range of topics, from livestock and crop production to processing and marketing technologies.
Applications are open to scientific, educational, and non-governmental organizations that can create a complete training product, including videos and tests to test knowledge. Priority will be given to applicants with proven cooperation with businesses in the industry.
Before filling out the application, potential participants should familiarize themselves with the courses already published on the AgriAcademy educational platform(https://agriacademy.org/courses-catalog/) to avoid possible duplication of topics and materials.
The main application criteria and requirements for creating training courses can be found on the official website of the AgriAcademy platform
The application deadline is January 5, 2025.
All applications must be submitted online through the application form.
The best proposals will receive funding of up to USD 15,000 to create course materials.
As part of the online meeting, the organizing team will make a brief presentation of the competition and will be available to answer questions from participants. The workshop is scheduled for 16:00 Kyiv time on November 20, 2024. To participate in the seminar, you need to pre-register here.
This competition opens up new opportunities for educational and research institutions, contributing to the development of Ukrainian agribusiness and the integration of best practices into SME training programs.
Readmore about the competition and terms of participation on the official website of AgriAcademy
Prices for greenhouse cucumbers in Ukraine continue to rise rapidly for the fifth week in a row, according to analysts of the EastFruit project. The fixed positive price trend is associated with a further reduction in the supply of local products due to the seasonal factor, against the background of stable demand from retail and wholesale buyers.
According to the weekly monitoring of the project, today the majority of large greenhouse plants in Ukraine have already announced the actual end of the season of sales of cucumbers of the last turnover. At the moment, only a few farms are selling, and the quality of the offered products is often very low.
As of today, wholesale batches of greenhouse cucumbers in Ukraine go on sale at UAH 100-125/kg ($2.42-3.02/kg), which is on average 11% more expensive than a week earlier. According to market operators, the supply of imported vegetables at the moment cannot fully cover all the requests of buyers, which does not contribute to stabilization of the price situation in this segment.
It should be noted that at the moment Ukrainian factories already manage to ship cucumbers on average 72% more expensive than in the same period last year. At the same time, market participants are confident that the price growth in this segment may continue in the near future, as only new volume supplies of imported greenhouse vegetables to the domestic market can lead to a change in the current situation.
You can get more detailed information about the development of the market of greenhouse cucumbers and other horticultural products in Ukraine by subscribing to the analytical weekly EastFruit Ukraine Weekly Pro. Detailed information about the product can be found here.
https://east-fruit.com/novosti/pyat-nedel-podryad-v-ukraine-dorozhayut-ogurtsy/
In Ukraine, prices for potatoes have started to gradually decline, analysts of the EastFruit project report. It should be noted that a week earlier sellers managed to keep selling prices at a fairly high level, but the activity of trade gradually decreased. It became obvious to producers that at the established price level it will be extremely difficult to realize the volumes of potatoes, especially those that are not suitable for further storage, before the onset of frost. As a result, most of them by the middle of this week began to synchronously reduce selling prices, trying to revive the interest of wholesalers to their goods.
Thus, at the moment farmers in the main regions of production are ready to ship quality potatoes at 18-28 UAH/kg ($0.43-0.68/kg), depending on the volume and quality of products offered, which is on average 10% cheaper than at the end of last week.
At the same time, wholesale companies, many of which succumbed to the hype in this segment, and having in stock volumes of expensive potatoes purchased on the external market earlier, are currently selling excessive quantities at a loss.
At the same time, owners of quality potatoes today prefer not to hurry with the realization of available volumes of their products, waiting for the improvement of the price situation in the market. It should be added that under the current conditions, potato prices in the Ukrainian market at the moment are still on average 2.3 times higher than in early November last year.
More detailed information about the development of the market of potatoes and other horticultural products in Ukraine you can get by subscribing to the operative analytical weekly – EastFruit Ukraine Weekly Pro. Detailed information about the product can be found here.
https://east-fruit.com/novosti/v-ukraine-desheveet-kartofel-2/
