Business news from Ukraine

Business news from Ukraine

Ukraine’s trade representative: agreement with USA on minerals does not include transfer of objects directly to investment fund, Ukrainian Trade Representative Taras Kachka has said.

Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, notes that the investment fund of Ukraine and the US, which will be created within the framework of the agreement on minerals, will have the right to invest both in the development of deposits and in infrastructure projects: road, port, energy.

“This fund as a financial instrument will have the privileged right to invest in a wide range of facilities in Ukraine as soon as there are investment opportunities for it,” Kachka, who is leading the Ukrainian negotiating delegation, said on the air of a national telethon.

“First of all we are talking about minerals, …. but we are also interested in American investments in infrastructure…. By no means does this mean that we are talking a priori about transferring (infrastructure) directly to the fund. … It is only about us giving this fund the opportunity to invest in projects and … create conditions for earning money in favor of Ukraine and the American people,” Kachka explained.

Regarding the so-called debt of Ukraine, Kachka emphasized that “it is necessary to clearly and unambiguously deny … we are not talking about any new debt or transformation of the previous aid into debt, i.e. there is no logic of debt obligations in the proposals of the USA and, accordingly, in the proposals of Ukraine…. it is about… how much both the US and Ukraine want to earn from investments in Ukraine.”

He said that next week there will still be talks and “certain positive news” regarding military aid from the US.

On April 24, the two negotiating teams will continue talks in Washington on the agreement. In a memorandum, Kachka said, they agreed to report back on what was achieved on April 26.

https://interfax.com.ua/

 

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April 20-21: no precipitation in Kyiv, daytime temperature up to 24° Celsius

Short-term rain and thunderstorms are expected in some places in the western regions of Ukraine on Sunday, April 20, while in other regions there will be no precipitation. According to the Ukrainian Hydrometeorological Center, the wind is expected to be southeast on Sunday, southwest in the west, 5-10 m/s. The temperature at night will be 6-11°, during the day 19-24°, in the Carpathians and on the coast 13-18°.

No precipitation in Kyiv on April 20. The temperature at night will be 9-11°, during the day 22-24°.
According to the Borys Sreznevsky Central Geophysical Observatory, since the beginning of meteorological observations in Kyiv in 1881, the highest temperature on April 20 was recorded at 28.5° Celsius in 1943, and the lowest – 2.1° Celsius in 1987.

On Monday, April 21, it will be mostly without precipitation in Ukraine, with only short-term rain and thunderstorms in the southeast of the country in the afternoon. Wind of variable directions, 3-8 m / s. The temperature at night will be 8-13°, during the day 19-24°, in the Carpathians and on the coast 15-20°. In Kyiv on April 21, no precipitation, temperature at night 9-11°, during the day 22-24°.

Canada’s prime minister called China major threat

Canadian Prime Minister Mark Carney said China is one of the biggest threats to the country in terms of foreign interference and geopolitics, and criticized Beijing for partnering with Russia in the war against Ukraine, according to a Reuters report.
During Thursday night’s election debate, Carney called China the biggest threat to Canada’s security. At a news conference in Niagara Falls on Friday, he emphasized the need to counter outside interference from China.
Carney also said China’s collaboration with Russia in the war against Ukraine poses a threat to all of Asia, especially Taiwan.
“We are taking measures to address it,” he said.
The Chinese Embassy in Ottawa did not comment on the statement. Carney’s Liberal Party is leading in the polls ahead of the April 28 parliamentary election.
In addition, Canada remains embroiled in a trade standoff with the U.S., responding with duties on U.S. restrictions on Canadian cars, steel and aluminum.
Carney stressed that Canada has no plans to respond dollar-for-dollar, but recognized the restructuring of the global trading system.

https://interfax.com.ua/

 

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State Protection Directorate has announced tender for hull insurance with budget of almost UAH 2.7 mln

The State Protection Directorate (SPD) of Ukraine on April 18 announced a tender for the purchase of voluntary motor vehicle insurance (hull insurance) services, according to the Prozorro electronic public procurement system.

The expected cost of the purchase of services is UAH 2.653 million. The security of the tender offer is not required. The deadline for submission of bids is April 28. The winner of a similar tender a year earlier was IC “Ultra Alliance”.

 

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Conservative Party of Canada promises to transfer $22 bln worth of frozen Russian assets to Ukraine

The leader of the Conservative Party of Canada, Pierre Poilievre, said that his future government would transfer frozen Russian assets worth $22 billion to Ukraine, the official website of the Conservative Party of Canada reported on Friday.

According to Poilievre, these funds will be used to support Ukraine in its fight against Russian aggression, as well as to restore infrastructure after the destruction caused by the war.

“The Conservatives have always been proud to support our Ukrainian allies… The Conservatives were the first to introduce the Sergei Magnitsky Act, which made it possible to impose sanctions on Russian oligarchs after Putin’s illegal and unprovoked invasion of Crimea,” Poilievre said.

He reminded that Moscow’s war against Ukraine did not begin in 2022, but almost eight years earlier. After that, the Conservative government of Stephen Harper sent troops to Ukraine as part of Operation UNIFIER and helped to expel Russia from the G8.

Poillevre criticized the current Liberal government for its inaction on the transfer of frozen assets, emphasizing that the Conservatives would act quickly.

“Three hours after the start of the full-scale Russian invasion of Ukraine, I spoke at a rally of the Ukrainian community in Ottawa: ‘Canadians stand in full solidarity with you, and we will always be with you. Three years later, our commitment has not wavered. Glory to Ukraine,” Poilievre said.

Early parliamentary elections in Canada are scheduled for April 28. The Conservatives are currently in opposition.

Earlier, the Experts Club think tank released a video analysis on the most important elections in the world in 2025, see more here – https://youtu.be/u1NMbFCCRx0?si=vtEMJXzfMcggWsD2

Source: https://interfax.com.ua/

 

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“Ukrzaliznytsia” launches additional train Kyiv-Truskavets

“Ukrzaliznytsia is launching an additional train to Truskavets from Kyiv, the company’s press service reports.

“Ukrzaliznytsia is launching the traditional additional train No. 159/160 Kyiv-Truskavets-Kyiv for the peak days of spring!” the statement said.

In particular, the dates of departure from Kyiv are expected to be April 25, 26, 27, and May 2, 3, 4. It is noted that the departure time is at 10:16. Arrival in Truskavets is at 19:37.

Meanwhile, the dates of departure from Truskavets are April 25, 26, 27, and May 2, 3, 4. Departure time is 09:03, arrival in Kyiv is 19:11.

There will be stops in Lviv and Drohobych.

Tickets can be purchased in the Ukrzaliznytsia app, at booking.uz.gov.ua or at railway ticket offices.

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