Business news from Ukraine

Business news from Ukraine

EC’S PRESIDENT STARTS VISIT TO UKRAINE

President of the European Council Charles Michel started his visit to Ukraine on Tuesday morning, Head of the EU Delegation to Ukraine Matti Maasikas said.
“The President of the European Council has landed in Kharkiv. Two days in Ukraine: visiting the line of contact, honouring the memory of the victims of Maidan, seeing EU COVID-assistance in practice, discussions with [Volodymyr] Zelensky on reforms and association, participation in Ukraine 30 forum on judicial reform,” Maasikas said on Twitter on Tuesday.

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U.S. ANNOUNCES NEW $125 MLN AID TO UKRAINE

The U.S. Department of Defense announced a new $125 million package for Ukraine’s Security Assistance Initiative that includes training, equipment and advisory efforts to help Ukraine’s forces preserve the country’s territorial integrity, secure its borders, and improve interoperability with NATO.
“The USAI package includes two additional armed Mark VI patrol boats to enhance Ukraine’s capacity to patrol and defend its territorial waters. To date, the U.S. has committed a total of eight Mark VI patrol boats,” the Defense Department said in a press release on Monday.
The Pentagon said that this action reaffirms the U.S. commitment to providing defensive lethal weapons to enable Ukraine to more effectively defend itself against Russian aggression.
“The package also includes capabilities to enhance the lethality, command and control, and situational awareness of Ukraine’s forces through the provision of additional counter-artillery radars and tactical equipment; continued support for a satellite imagery and analysis capability; and equipment to support military medical treatment and combat evacuation procedures,” the department said.
The Pentagon also said that the remaining $150 million in fiscal year 2021 USAI funds appropriated by Congress will be provided when the Defence Department, in coordination with the Department of State certifies that Ukraine has made sufficient progress on key defense reforms this year, as required by the National Defense Authorization Act.
“The Department encourages Ukraine to continue to enact reforms that strengthen civilian control of the military, promote increased transparency and accountability in defense industry and procurement, and modernize its defense sector in other key areas in line with NATO principles and standards,” the Defense Department said.
Since 2014, the United States has committed more than $2 billion in security assistance to Ukraine.

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VOLUMES OF CARGO TRANSPORTATION IN 2020, MLN TONS

Volumes of cargo transportation in 2020, MLN tons.

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SINCE MARCH 1 CYPRUS INCLUDES UKRAINE IN ‘GREY ZONE’

Since March 1, Cyprus has included Ukraine in the list of countries of the “grey one,” entry from which is allowed only to citizens of Cyprus and family members, as well as residents and holders of special permits, the consular section of the Ukrainian Embassy in Cyprus said.
“Since March 1, 2021, the distribution of countries of the world by categories has been applied in Cyprus. As of March 1, Ukraine belongs to the ‘grey zone’ (categories will be reviewed weekly). Follow further changes,” the consular department said on Facebook on Monday.
According to the information of the embassy, entry from the countries of the “grey zone” is only allowed to citizens of Cyprus permanently residing in the Republic of Cyprus, their foreign spouses and minor children, residents of the Republic of Cyprus, persons who are allowed to enter in accordance with the Vienna Convention, regardless of their citizenship, who have have a special entry permit from the government of Cyprus; citizens who have received special permission from the Government of Cyprus to enter Cyprus.

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RUSSIAN GAZPROM UPS GAS TRANSIT THROUGH UKRAINE

Transit shipments of Russian gas through Ukraine have increased as temperatures in Europe have normalized, data from Gazprom, the Gas Transmission System Operator of Ukraine and European gas transport operators show.

Over the weekend, temperatures in Europe dropped from unusually warm double digits back to average figures for this time of year.

Gazprom pumped 106 million cubic meters of gas through Ukraine on February 27 (nominations for Sunday and Monday are the same), while from February 17 to 26 it pumped an average of 79 mcm per day, with a low of 66.2 mcm on February 20.

The Russian gas giant had booked a far larger amount of transit for February: 123.2 mcm per day, including 109 mcm under its long-term transit contract and an additional 14.2 mcm based on monthly booking.

INDUSTRIAL FISHING IN BLACK SEA IS OPEN

The fishing regime in the Black Sea for 2021 entered into force on March 1.
According to the Ministry of Environmental Protection and Natural Resources of Ukraine on Monday, the approved fishing regime and the rules for catching aquatic living resources in the Black Sea for industrial fishing for this year have determined the tools and places of catch, the requirements for the fishing vessels and the conditions for the spawning prohibition.
According to the Ecology Ministry, the annual limits defining the amount and type of living aquatic resources allowed for catching are presented on the ministry’s website.
According to the documents, in the Black Sea this year, the limit for catching sprat is set at 20,000 tonnes, mullets – 920 tonnes, shrimp – 750 tonnes, grey mullets – 620 tonnes, Black Sea herring – 510 tonnes, and Black Sea turbot – 158 tonnes. The catch of gobies, redlip mullets, European anchovy, sprats, clams and rapa whelks is not limited.
In addition, the Ecology Ministry is currently working on the approval of fishing regimes in fishery water bodies of Ukraine, so that fishermen can start their activities as soon as possible.