The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) from October 19, 2020 introduces new tariffs for Green Card policies for those traveling abroad by road.
According to the report on the website of the bureau, the MTIBU has recalculated the cost of Green Card insurance certificates upwards by an average of 3.3%.
The last change in tariffs was on August 3, 2020, upward by 3.1%.
Green Card policies have been implemented since 2009 in two types: all of Europe; Belarus, Moldova and Russia. Also, from January 1, 2016, Ukrainian Green Card policies began to operate in Azerbaijan.
According to the MTIBU, the cost of Green Card in Ukraine for 15 days for trips across Europe for passenger cars increases to UAH 815 (previously UAH 789), for buses to UAH 3,062 (UAH 2,965), for trucks to UAH 1,922 (UAH 1,861).
The cost of Green Card for one month for cars will amount to UAH 1,297 (previously UAH 1,256), buses UAH 4,253 (UAH 4,118) and trucks UAH 1,922 (UAH 2,471).
The cost of the semi-annual and annual Green Card policies for cars will amount to UAH 5,760 and UAH 7,131 respectively, for buses UAH 14,888 and UAH 27,649, for trucks UAH 12,080 and UAH 22,800 respectively.
Rates on one-time insurance premiums under agreements of international compulsory insurance of car owners’ civil liability were defined by the Ukrainian Cabinet decree dated January 6, 2005, and are calculated in euros.
The Green Card system provides insurance coverage for those affected by a traffic accident regardless of their country of residence and the country of vehicle registration. The Green Card operates in 47 countries in Europe, Asia and Africa.
According to the decision made by the General Assembly of the Council of Bureau of the Green Card system in Luxembourg in May 2004, Ukraine became a full member as of January 1, 2005.
Olha Stefanyshyna, Deputy Prime Minister for European and Euro-Atlantic Integration, has opened the first regional office of European Integration in Ukraine in Kherson.
“Today, the ‘decentralization’ of European integration begins from Kherson, which should spread to all regions of Ukraine. The network of regional offices will help create effective platforms for dialogue and cooperation of foreign partners, civil society and local authorities, so that the benefits of European integration are tangible and noticeable in every area, every city and town,” the press service of the Deputy Prime Minister of Ukraine quoted Stefanyshyna as saying.
The key activities of the regional office of European integration are the following: cultural and educational projects, in particular the dissemination of knowledge about the European course of Ukraine among schoolchildren and students; increasing business contacts between entrepreneurs of Kherson region and EU member states; implementation of the Association Agreement; achieving the Sustainable Development Goals, in particular gender equality.
“The European Integration Office in Kherson is the first of the European integration units, which is close to the Crimean peninsula. It is very important that everyone who comes to Kherson region across the administrative border with Crimea can take advantage of European integration, receive advice and practical information about the course of Ukraine in the EU and its advantages and opportunities,” noted Stefanyshyna.
The Deputy Prime Minister also stressed the importance of forming a wide network of regional offices of European integration in Ukraine.
“Kherson region is the first among the regions where offices for European integration will operate, but we already observe interest from other regions of Ukraine. Khmelnytsky, Dnipropetrovsk and Poltava regions are in touch with us today to learn from the successful experience of opening regional offices and extend this example to their regions,” she said.
National bank of Ukraine’s official rates as of 15/10/20
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of October 15
One troy ounce=31.10 grams
President of Ukraine Volodymyr Zelensky will pay a working visit to the Republic of Turkey (Istanbul) on Friday, October 16.
During the visit, Zelensky will meet with Turkish President Recep Tayyip Erdoğan.
“It is planned to discuss a wide range of issues of relations between Ukraine and Turkey, as well as the signing of a number of bilateral documents,” the press service said.
The independent and professionally governed National Bank of Ukraine (NBU) is critical for macro-financial support from the European Union and other international partners, Head of the EU Delegation to Ukraine Matti Maasikas has said.
“A strong, independent and professionally run NBU is critical to Ukraine’s financial stability, banking sector reform, investment, economic development to benefit Ukraine’s citizens, and macro-financial support from the EU and other international partners,” he wrote on Twitter on Thursday.
