KYIV. Sept 5 (Interfax-Ukraine) – Production and exports of sunflower oil from Ukraine in the 2015/2016 marketing year (MY, September-August) increased by 10%, to 4.85 million tonnes and 4.4 million tonnes respectively.
“Sunflower oil production, according to preliminary data, is estimated at 4.85 million tonnes, while exports at 4.4 million tonnes. This is 10% more compared with the previous year,” the Ukroliyaprom association told Interfax-Ukraine.
The association explained the growth in production and export rates with the increase in the sunflower harvest in Ukraine.
According to Ukroliyaprom, Ukraine in the 2014/2015 MY produced 4.4 million tonnes of sunflower oil, exported 4 million tonnes.
During the 2015/2016 MY sunflower oil exports from Ukraine to the EU almost doubled, to 1.36 million tonnes.
“At present the industry shows a stable growth, the increase in processing rapeseeds, soybeans and flax is strategic for us,” the association said.
According to its data, in the 2015/2016 MY Ukrainian enterprises doubled flax processing to 30,000 tonnes.
KHARKIV. Sept 5 (Interfax-Ukraine) – Kharkiv Regional State Administration plans to sign a memorandum of cooperation with the German International Cooperation (GIZ), as well as with the Chinese Commerce Association in Ukraine in the framework of the eighth international economic forum “Innovations. Investments. Kharkiv Initiatives” to be held in Kharkiv on September 23.
In addition, in the framework of the forum it is planned to sign a roadmap between Kharkiv Regional State Administration and the People’s Republic of China, according to the preliminary program posted on the forum’s website.
The forum is organized by Kharkiv Regional Council and Kharkiv Regional State Administration. It is expected President of Ukraine Petro Poroshenko will take part in the event.
KYIV. Sept 2 (Interfax-Ukraine) – Kyiv City Mayor Vitali Klitschko will pay a working visit to Japan from September 2 until September 8, where he is inter alia to hold a meeting aimed to receive a loan in the amount of 108 billion yens ($1,042,354,000) loan for the reconstruction of Bortnychi sewage treatment plant.
“Vitali Klitschko will meet with President of the Japan International Cooperation Agency (JICA) Shinichi Kitaoka in Japan. JICA must provide Ukraine a loan amounting to 108 billion yens for the reconstruction of Bortnychi sewage treatment plant. The mayor of Kyiv is scheduled to meet with the Marubeni Company’s top leaders – the contractor that will perform works on the reconstruction of the Bortnychi sewage treatment plant; the statement goes published on Klitschko’s Facebook page on Friday.
In the framework of the working visit, Klitschko will meet with Japanese Foreign Minister Nobuo Kishi, Japan’s Parliamentary Vice-Minister of Economy, Trade and Industry Toshinao Nakagawa, as well as with members of the interparliamentary Friendship Association ‘Japan-Ukraine.’
KYIV. Sept 2 (Interfax-Ukraine) – Ukraine and the European Union intend to sign a memorandum on cooperation in the energy sector before 2017, Ukrainian Prime Minister Volodymyr Groysman has said.
“We are completing work on energy strategy, the energy strategy of Ukraine, and, I believe, we will present it in September. We are also preparing the memorandum on cooperation in the energy sector with the EU and, I believe, we will sign it before the end of the year,” he said at a briefing following the negotiations with the European Commission Vice President for Energy Union Maros Sefcovic on Friday.
The memorandum will allow for the expansion of cooperation between Ukraine and the EU in the energy sector, he said.
As part of the joint negotiations the sides discussed creation of the energy efficiency fund, Groysman added.
KYIV. Sept 2 (Interfax-Ukraine) – Yuyue Home Textiles Co., Ltd. is to build a flax processing plant in Rivne region, Rivne Regional State Administration has reported.
The construction of the plant will start as early as in 2016, the project is designed for five years and the total amount of investment is $20 million.
The company has already selected a plot of land, which is in territory of Kostiantynivsky village council in Sarny district, the Chinese company’s CEO said at a meeting with local authorities.
The local government offered a site for the construction of the plant and a plot of land for growing and processing flax. About 30,000 ha of land will be allocated under the project.
KYIV. Sept 2 (Interfax-Ukraine) – The Cabinet of Ministers at a meeting on August 31 approved expanding the list of objects for privatization, initially approved in 2015, until 2017.
First Deputy Minister of Economic Development and Trade Yulia Kovaliv said during the discussion of the project at a meeting of the governmental committee it was proposed to instruct the State Property Fund (SPF) to accelerate the mechanism of transferring the objects for privatization, which now takes four or eight months.
According to SPF Head Ihor Bilous, 430 objects were added to the list of objects to be privatized.
Kovaliv told Interfax-Ukraine among these objects are Turboatom, Electrotyazhmash, United Mining Chemical Company, Zaporizhia Titanium and Magnesium Combine and State Food and Grain Corporation.
