Business news from Ukraine

Business news from Ukraine

UKRAINE PLANS TO BAN DISTRIBUTION OF PHOTOS, VIDEOS WITH EROTIC IMAGES OF CHILDREN

The Verkhovna Rada intends to amend the law on the protection of public morals regarding the protection of the rights and interests of children.
A total of 343 MPs voted for the corresponding bill No. 5330-1 at the first reading.
The bill, in particular, proposes to prohibit creation and distribution of photos and/or videos of sexual or erotic images of children (the current law prohibits the use of images of children in any form only in products of a sexual or erotic nature).
According to the bill, products of a sexual or erotic nature can be distributed only if they are not available to children and are not imposed on consumers.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 15/07/21

National bank of Ukraine’s official rates as of 15/07/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JULY 15

Official rates of banking metals from national bank as of July 15

One troy ounce=31.10 grams

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UKRAINE MAY RECEIVE IMF TRANCHE IN 2021

Ukraine may receive a tranche from the International Monetary Fund (IMF) under the Stand-By Arrangement (SBA) by the end of 2021, Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy said.
“Continuing cooperation with the IMF is the most important task for the NBU, Ukrainian stakeholders and all government agencies. Now we need to move towards reaching the Staff Level Agreement, which will mean updating our memorandum of cooperation for the first revision by the Board of Directors,” he said in an interview with Interfax-Ukraine.
According to the deputy governor, the NBU also expects to receive the second tranche of macro-financial assistance from the EU in the amount of EUR 600 million and the second part of the DPL from the World Bank for $350 million. He said that the possibility of obtaining this financing by Ukraine directly depends on success in cooperation with the IMF.
Heletiy said that in order to continue cooperation with the IMF, the NBU fulfills structural beacons, in particular, it conducts a self-assessment on the supervisory process, reporting and tools in accordance with the Basel Core Principles.

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UKRAINE CAN BECOME KEY SUPPLIER OF RAW MATERIALS, COMPONENTS FOR TECHNOLOGIES FOR EUROPE – EXPERT

Ukraine can become a better supplier of raw materials and components for future technologies for Europe than China, Vice-President of the European Commission for Interinstitutional Relations and Foresight Maroš Šefčovič has said.
“I think you can do better than China. I understand the President, the Prime Minister and your business leaders who want to ensure that Ukraine builds an entire vertically integrated value chain around critical raw materials and that as much value added as possible remains in Ukraine […] Ukraine clearly could be the key supplier of raw materials and components for these future technologies for Europe,” Šefčovič said in an interview with Interfax-Ukraine.

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QUOTES OF INTERBANK CURRENCY MARKET OF UKRAINE (UAH FOR $1, IN 01.06.2021-30.06.2021)

QUOTES OF INTERBANK CURRENCY MARKET OF UKRAINE (UAH FOR $1, IN 01.06.2021-30.06.2021)

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