The Central Asia-European Union Economic Forum and Investor Forum will be held in Uzbekistan in November. This was announced by the European Union Ambassador to Tashkent, Toivo Klaar, during the celebration of Europe Day on May 12.
“These forums will open up new business opportunities,” said the head of the diplomatic mission.
As a reminder, during the first Central Asia-European Union summit, which took place in April, the EU announced an investment package for Central Asia worth €12 billion for the development of four areas: transport corridors, critical raw materials, green energy, and satellite internet.
Toivo Klaar also noted that the EU is looking forward to the next Human Rights Dialogue.
In addition, the European Union is expecting a visit by Uzbekistan’s President Shavkat Mirziyoyev to Brussels this year to sign an Agreement on Enhanced Partnership and Cooperation.
“This historic visit will open a new chapter in relations between the EU and Uzbekistan, which will be deepened, diversified, and modernized in many areas,” the EU ambassador said in his speech.
The pharmaceutical company PJSC Borshchagivsky Chemical and Pharmaceutical Plant (BCHF) has changed the composition of its supervisory board.
As reported by the company in the information disclosure system of the National Securities and Stock Market Commission, in accordance with the decision of the annual general meeting on April 30, the shareholders re-elected three ultimate beneficial owners to the supervisory board: Mykola Bezpalka (owns 0.028982% of the authorized capital), Tetyana Artemenko (owns 0.038643% of the share capital), and Oleg Goloborodko (owns 0.038643% of the share capital).
By decision of the meeting, Lyudmila Bezpalko (who owns 1.410491% of the authorized capital) and a representative of the shareholder of PJSC “Farfirma ‘DARNITSA,’ Director of Corporate, Legal Relations and Compliance of ‘Darnitsa’ Sergey Bobylev, were also included in the Supervisory Board.
In addition, the shareholders’ meeting terminated the powers of Supervisory Board member Dmytro Guz.
As reported, BHFZ increased its net profit by almost 17% in 2024 compared to 2023, to UAH 273.402 million. In 2023, BHFZ’s net profit increased by 3.38% compared to 2022, to UAH 262.863 million.
As of the first quarter of 2023, 31.8% of BHFZ shares belonged to the pharmaceutical company PJSC “Pharmaceutical Firm ‘Darnitsa’ (Kyiv). The company’s shareholders also included ‘Beldor Group’ (21.26%) and ‘Lenik Group’ (20.32%).
According to data from the OpenDataBot system, the ultimate beneficiaries of BHFZ are the beneficiaries of the pharmaceutical company Darnitsa, Gleb Zagoriy, Yevgen Sova, Tetiana Artemenko, Mykola Bezpalko, and Oleg Goloborodko.
On May 23, 2025, US President Donald Trump announced his intention to impose a 50% tariff on all goods imported from the European Union starting June 1. This decision was explained by the lack of progress in trade negotiations and accusations of unfair trade policies on the part of the EU.
Trump stressed that the EU is “very difficult to do business with” and that the negotiations are “going nowhere.” He also noted that goods produced in the US will not be subject to the new tariffs.
In addition, Trump threatened to impose a 25% tariff on Apple products if the company does not move iPhone production to the US. This statement caused Apple shares to fall 3% in pre-market trading.
Analysts warn that the introduction of 50% tariffs could lead to a 1.7% decline in GDP in Germany and a 4% decline in Ireland over three years. European markets reacted with a decline: the Stoxx Europe 600 index fell 1.7%, and shares of exporters such as Stellantis and Deutsche Bank lost up to 4.6% in value.
The EU is considering retaliatory measures, including the introduction of tariffs on US goods worth up to €95 billion, including Boeing products, cars, and bourbon. Negotiations between EU and US representatives are continuing, but the prospect of a large-scale trade war is causing concern on both sides.
Thus, the measures announced by Trump could significantly exacerbate trade relations between the US and the EU, affecting global markets and the economy as a whole.
As of 23 May 2025, the cryptocurrency market is showing positive momentum, growing on the back of optimism about regulatory changes in the US and growing institutional interest.
Key Indicators
– Total market capitalisation: $3.53 trillion, up 0.66% over the last day.
– Total trading volume: $456.35bn.
– Bitcoin dominance: 62.38%.
Bitcoin (BTC)
– Current price: $110,856.
– 24-hour high: $111,970.
– Low for the day: $110,404.
Bitcoin continues to consolidate around the $111,000 level, showing stability after reaching an all-time high.
Ethereum (ETH)
– Current price: $2,657.17.
– 24-hour high: $2,727.05.
– Low for the day: $2,664.70.
Ethereum is showing positive momentum, approaching the $2,700 level, which could indicate a potential breakout in the near future.
Other cryptocurrencies
– Solana (SOL): $186, up 23% for the month, capitalisation $96.7 billion.
– BNB: $698, up 9% for the month, capitalisation $98.2bn.
Technical analysis
– Bitcoin: Relative Strength Index (RSI) at 54.21 indicates balanced momentum, which could precede continued upside or a short-term pullback.
– Ethereum: A bull flag formation on the daily chart and rising trading volumes could indicate a potential breakout to the $4,000 level.
General trends
The cryptocurrency market continues to grow on the back of positive news about regulatory changes in the US and growing institutional interest. However, investors should be cautious given the potential market fluctuations.
Celebrations were held in the capital of Ukraine on the occasion of the 77th anniversary of the declaration of independence of the State of Israel. The event brought together representatives of the diplomatic corps, Ukrainian authorities, the Jewish community, public organizations, artists and friends of Israel from different regions of Ukraine.
Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Michael Brodsky delivered a welcoming speech.
“Thank you for joining us today to celebrate the 77th anniversary of Israel’s independence,” the Ambassador addressed the guests.
He emphasized the deep historical and mental connection between the Ukrainian and Israeli peoples:
“There are few countries in the world that understand each other better than Israel and Ukraine. On February 24, 2022, from the first day of Russian aggression, the people of Israel supported Ukraine. On October 7, when the horrific terrorist attack on Israel took place, the people of Ukraine unequivocally supported our country. We feel this support and highly appreciate it,” the diplomat emphasized.
The ambassador devoted a special place in his speech to the topic of freedom and the price paid by the peoples of both countries for their independence.
“Our peoples are acutely aware of the high price we have to pay for our independence. We pay for it with the blood of our children and our loved ones. Israelis and Ukrainians live in hope for a speedy end to the war and peaceful life,” Brodsky said.
The ambassador expressed confidence in a common future:
“I am confident that in spite of everything, we will cope with our problems. That despite wars and terror, our countries will remain free and independent,” he said.
The diplomat also mentioned the historical figure of Golda Meir, the fourth Prime Minister of Israel, who was born in Kyiv:
“Recently, we have often recalled Golda Meir. Many of her quotes sound very modern today. I would like to remind you of one of her statements: “Pessimism is a luxury that Jews can never afford.” This fully applies to Ukrainians as well,” Michael Brodsky emphasized.
Israel’s Independence Day (Yom HaAtzmaut) is celebrated according to the Jewish calendar on the 5th of Iyar (May 13, 2025). It was on this day in 1948 that David Ben-Gurion proclaimed the establishment of the independent State of Israel in Tel Aviv after the end of the British Mandate in Palestine. The very next day, the newly created state was attacked by neighboring Arab countries, which marked the beginning of the War of Independence. Since then, Israel has annually celebrated this date as a symbol of victory, survival, and national revival of the Jewish people.
