National bank of Ukraine’s official rates as of 07/04/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of April 07
One troy ounce=31.10 grams
PwC Ukraine developed a free guide – Expats’ Handbook to help foreigners coming to Ukraine for personal or business goals.
It aims to give a general overview of the key rules and issues that foreigners need to know about the Ukrainian tax and legal environment to allow them to become comfortable and to avoid being overburdened with formalities.
The Handbook is available in many languages, including English, Polish, German, French and Chinese.
“Our country is building a business-friendly climate and opening new opportunities for investors from across the globe. We still have some way to go on this journey – the Ukrainian legal landscape is a work in progress, undergoing changes which will bring it in line with international good practices. But as long as you have a trusted guide to steer you safely through burdensome taxation or immigration compliance issues, you are safe” – commented Slava Vlasov, Partner, Leader, Tax and Legal Services, PwC Ukraine.
The United States Agency for International Development USAID will provide Ukraine with special refrigerators necessary for transporting and storing the Pfizer vaccine, the press service of the U.S. Embassy in Ukraine said.
“To support Ukraine’s national response, USAID is helping prepare for Pfizer and other approved vaccines by providing direct support for ultra-cold chain storage/transportation and supporting public communications efforts to provide accurate information about vaccines,” the message reads.
As reported, Ukraine signed an agreement with the American pharmaceutical corporation Pfizer for the supply of 10 million doses of vaccine against COVID-19, which was agreed in February by Ukrainian President Volodymyr Zelensky and chief executive officer of Pfizer Albert Bourla.
Ukraine, in proportion to its quota in the International Monetary Fund (IMF), could receive more than $2.7 billion in U.S. dollar terms as part of the IMF new initiative on the additional allocation of special drawing rights (SDRs), Governor of the NBU Kyrylo Shevchenko has said.
“We hope that Ukraine will be able to receive additional funding under this initiative… The last time the IMF did a similar allocation in 2009. It was a reaction to the crisis. The IMF initiative for Ukraine could be a positive factor,” he said in an exclusive interview with Interfax-Ukraine.
According to him, a more accurate figure will depend on the exchange rate of the currencies included in the SDR basket.
Shevchenko said that the goal of this new initiative, announced by the IMF, is to provide additional liquidity to the global economic system by supplementing the reserve assets of the Fund’s 190 member countries, and its announced total volume is $650 billion.
The governor of the National Bank said that this allocation will be discussed at the beginning of the spring meeting, however, for the implementation of this initiative, approval is required first by the IMF Executive Board, and then by the Board of Governors.
UDP Renewables, an investment and development company in the field of renewable energy, in a consortium with the Qatari energy company Nebras Power, plans to invest about $ 250 million in “green” energy in Ukraine in 2021-2022, UDP Renewables CEO Serhiy Yevtushenko said.
“he next big step in the life of UDP Renewables and UFuture is the conclusion of an investment agreement with the largest energy company in Qatar, Nebras Power. At the first stage of our strategic partnership, Qataris together with us become shareholders of a large portfolio of operating solar power plants, and then the formation of a consortium for the construction of a whole portfolio of projects in wind energy,” Yevtushenko said on Facebook.
“He noted that the planned volume of investments of the consortium in 2021-2022 could reach $ 250 million, calling it “a good start for a long-term partnership.”
According to him, the signing of contracts by UDP Renewables and Nebras Power during the official visit of Ukrainian President Volodymyr Zelensky to the State of Qatar is proof of the intentions of both states to develop long-term cooperation.
In addition, Yevtushenko noted that with the conclusion of the investment agreement with Nebras Power, the Ukrainian team received another unique experience in structuring and closing a complex international transaction, which had been working on for two years. Everlegal law firm acted as a legal advisor to UDP Renewables.
