Business news from Ukraine

UKRAINE RANKS 17TH IN OPEN DATA DEVELOPMENT RANKING

Ukraine ranked 17th in the open data development ranking according to the Open Data Barometer study, reads the annual report Open Data Barometer from the World Web Foundation. The calculation methodology has changed this year, therefore there are no places in the rating as in the previous years, but the scores calculated allowed us to assess progress in recent years, the report says. In addition to points, the data on the difference between the points of assessment in the current and the first of the ratings were also used to create the evaluation list.
Ukraine is on the second place among the countries that made the greatest progress in the last four years. The authors of the study attributed Ukraine to the group of countries that still claim leadership, but are confidently working towards the discovery of data, the study states.
Ukraine shared the result of 47 points with Argentina. Ukraine is followed by the Philippines (42 points), Chile (40 points), and Indonesia (37 points).
The leaders of the rating were Canada and Britain (76 points each), Australia (75 points), Korea and France (72 points each).
The rating is closed by Saudi Arabia (25 points), and Sierra Leone (22 points).

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UKRAINE SIGNS WITH URUGUAY VISA-FREE AGREEMENT

Ukraine’s Cabinet of Ministers has approved a draft agreement with Uruguay on the mutual abolition of visa requirements. Ukrainian Ambassador to Uruguay concurrently Yuriy Diudin was authorized to sign the document. The provisions of this document stipulate that citizens of Ukraine will be able to stay in the territory of Uruguay for a period not exceeding 90 days, renewable for another period of 90 days. Citizens of Uruguay will be able to stay in Ukraine for a period not exceeding 90 days over a 180-day period.
According to the press service of the Ukrainian Foreign Ministry, such an agreement was reached after meetings of Director of the Consular Service Department of the Ukrainian Foreign Ministry Serhiy Pohoreltsev in Uruguay, in particular, with the head of the migration service, the leadership of the Uruguayan Foreign Ministry and parliament members.
“After agreeing the necessary formalities for the signing and entry into force of the relevant bilateral agreement, Uruguay will become another country where Ukrainian citizens can travel without visas,” the ministry said.

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CLEARSTREAM PLANS TO OPEN ‘LINK’ TO UKRAINE

Clearstream international settlement depository plans to open foreign investors access to Ukraine’s government domestic loan bonds in the first quarter of 2019.
“The first quarter of next year is another “window” of opportunities, and we are working to take advantage of it,” Clearstream Vice President Jan Willems said at the annual Ukrainian Financial Forum in Odesa, organized by ICU investment group.

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ADVISOR TO SELL CENTRENERGO OPTIMISTIC IN TENDER OUTCOME

Most of potential buyers of a 78.3% stake in Centrenergo have showed their interest in the coming tender sell the company, Partner of EY Business Advisory Poland, which acts as an advisor for the privatization of the company, Piotr Piela has said.
“I am very optimistic. We meet the schedule and have to finish by the end of the year,” he said in Odesa on Friday at the Ukrainian Financial Forum organized by the ICU investment group.
He named the expected growth in consumption and export opportunities among the positive sides.
At the same time, Piela said that there is no complete clarity on how the electricity market will work after July 1, 2019. He welcomed the adoption of primary legislation, indicating that secondary legislation is still in the state of approval and there are questions about how it will be implemented.

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UKRAINE ATTRACTS $103.8 MLN OF TECHNICAL ASSISTANCE FOR HEALTHCARE PROJECTS IN H1 2018

The volume of technical assistance raised by Ukraine for the healthcare projects in January-June 2018 totaled $103.8 million, Ukraine’s Economic Development and Trade Ministry has reported. The entire sum was sent to implement 23 donor projects in the healthcare sphere and this is 3% of the total volume of technical assistance attracted by Ukraine over the period (not taking into account the Chornobyl Shelter Fund).
As reported, Ukraine in January-June 2018 raised $0.4 billion more international technical assistance compared with January-June 2017: $3.5 billion for 467 projects, not taking into account the Chornobyl Shelter Fund.

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