National bank of Ukraine’s official rates as of 22/09/20
Source: National Bank of Ukraine
Kyiv is standing in front of building a complicated, but necessary dialogue with Warsaw, which has reached a dead end in recent years. It is fair to say that both sides derailed the relations between Ukraine and Poland, however, this does not mean that Kyiv should wait for a full or partial reboot of the government in the neighboring country, moreover, this may not happen, according to political expert Valentyn Haidai.
“We should not forget that in both cases with Poland and with Russia one should differ between sociopolitical and economic dialogues. It is no secret that under conditions of political confrontation between the Ukrainian and Russian elites trade and economic cooperation between the two countries is growing. We can see the same situation in case with Poland,” Haidai said in a program on the Expert Club YouTube channel.
In the expert’s opinion, there is no especial confrontation between the political elites of both countries. Poland and Ukraine do not have any territorial disputes, despite the desire to revise the borders by certain marginal circles, or a sharp conflict related to humanitarian policy, as in the case of Hungary.
“Speaking about economic cooperation, it should be noted that it was estimated at more than EUR 7 billion at the beginning of this year, which is EUR 2 billion more than in 2015, and it continues growing even during the coronavirus pandemic. Ukrainian export to Poland has increased, just the same as Polish import to Ukraine did. An increase in trade, in particular, was registered in the following segments: mineral fertilizers, textile, mechanical and electric equipment, animal fat and metal goods. In addition, Ukraine is one of the largest recipients of Polish food. According to Statistics Poland, export of agricultural goods to Ukraine has grown by more than 20%,” the political expert said.
As of the end of 2019, more than 400 joint enterprises operated in Ukraine and Poland in machine building, consumer goods and food industry, agriculture, etc. Cultural and scientific cooperation continues. Poland, which has a range of grant and scholarship programs, including the Eastern Studies, Stipend for Young Researchers and Krzysztof Skubiszewski Scholarship programs, is traditionally preferred by Ukrainian school graduates, postgraduate students and scientists.
“The problem is that if liberal Trzaskowski won, it is highly probable that Warsaw would take a step forward towards the normalization of relations with Kyiv on its own, while after the victory of conservative Duda in the presidential election the search for compromises was put off,” Haidai said.
The full interview is available on the Expert Club YouTube channel
President of Ukraine Volodymyr Zelensky by his decree appointed Yaroslav Melnyk as Ambassador of Ukraine to the Italian Republic.
“To appoint Yaroslav Volodymyrovych Melnyk as Ambassador Extraordinary and Plenipotentiary of Ukraine to the Italian Republic,” according to the text of decree No. 399/2020 dated September 21, released on the presidential website.
In the second part of an educational video made by the Expert Club about nutrition, veganism and vegetarianism, Doctor of Biological Sciences Sviatoslav Morozov and healthy nutrition expert Veronika Vero, who promotes vegetarianism, analyzed staple food that is traditionally consumed by Ukrainians.
The experts came to the conclusion that consumption of sausages and sausage products, as well as cakes, some sorts of sweets and canned herrings could be harmful. They also recommended to eat more fruit and vegetables, as well as limit consumption of bread, flour products and bacon.
Honey, dried fruit, raisings, seasonal fruit and vegetables were highly recommended by the experts.
In addition, the experts cast doubt on benefits from regular consumption of dairy products since quality of the raw material (milk) raises questions, while lactose intolerance among many people makes consumption of such products even detrimental.
Doctor of Biological Sciences Sviatoslav Morozov said that food producers aspire to reduce their products’ cost value and often ignore the harm they may cause to consumers’ health.
Otherwise, they will be simply unable to withstand the market competition.
“Speaking about monotonous diet for farm animals and various chemical additives, they are used not to poison consumers. Nobody pursues such a goal. The task is different – to cut the cost value and make products with a very long shelf life, while it is a big question whether this is useful or at least safe for human body,” Morozov said.
The full video is available on the Expert Club YouTube channel
Veronika Vero, a vegetarian and healthy nutrition expert, spent more than eight years of training at the research and development center. She is the author of several programs, seminars, as well as physical, mental and energy retreats.
Sviatoslav Morozov is a scientist with 30 years of experience, a Doctor of Biological Sciences and the author of a series of trainings, titled “Survival in a Megalopolis.”
EXPERT, EXPERT CLUB, HEALTH, HEALTHY NUTRITION, MAXEVENTS, VEGETARIANISM
The volume of financing projects of the Black Sea Trade and Development Bank in Ukraine in the first half of 2020 increased by EUR 34.17 million, or 20.8%, to EUR 198.72 million, according to the bank’s report on the stock exchange.
According to the report, amount of unfulfilled obligations on projects in Ukraine during this period almost halved, to EUR 35.28 million.
As reported, in 2019, the amount of Ukrainian projects in the bank’s loan portfolio increased from EUR60.3 million to EUR 164.6 million, and their share from 4.4% to 8.9%, with the country’s share in the equity capital of 13.5%. In the first half of the year, the share of Ukrainian projects was 10.1%.
In general, the bank indicates that in January-June this year it managed to increase net interest income by 43.8%, to EUR 20.93 million, net operating income by 31.7%, to EUR 20.44 million, and net profit by 36.8%, to EUR 4.36 million.
The total assets of the bank for the specified period rose by 5.6%, to EUR 2.47 billion.
The bank recalled that in July 2010 it issued bonds worth EUR 150 million to increase its liquidity and assistance for post-pandemic recovery in the Black Sea region.
The bank aims to promote economic cooperation, trade and cooperation of the countries of the Black Sea region.