Business news from Ukraine

Business news from Ukraine

Egypt, Spain, and Moldova Ukraine’s leading trading partners in terms of positive trade balance

Ukraine maintains a significant positive trade balance with a number of key partners, which partially offsets the deficit in relations with China and EU countries.

The largest surplus in the first half of 2025 was recorded in trade with Egypt — $605.0 million. Spain ranks second with a balance of $515.3 million, followed by the Republic of Moldova — $448.4 million. Positive dynamics are also observed in relations with the Netherlands ($357.6 million), Algeria ($276.6 million), and Lebanon ($243.8 million).

Ukraine also has a high trade surplus with Iraq ($189.0 million), Libya ($133.6 million), Saudi Arabia ($128.4 million), and Kazakhstan ($113.6 million).

“The positive trade balance indicates that Ukraine is capable of competing effectively in international markets, especially in the agricultural sector and metallurgy. At the same time, it should be borne in mind that these markets are vulnerable to changes in the global economic situation, price fluctuations, and political factors,” emphasized Maksim Urakin, founder of Experts Club and economist.

According to him, maintaining a positive balance in relations with the countries of the Middle East and North Africa is a key element of Ukraine’s foreign trade strategy.

“Egypt, Spain, and the countries of the Arab world are stable importers of Ukrainian agricultural products. This is a strategic direction that needs to be developed further, as it creates a safety cushion for the economy against the backdrop of significant import costs,” Urakyn emphasized.

Analysts note that consolidating positions in the African and Middle Eastern markets could become a long-term factor in strengthening Ukraine’s foreign economic balance.

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Ukrainians mostly neutral towards Algeria, but trade shows potential for development

A survey conducted by Active Group and Experts Club in August 2025 showed that Ukrainians’ attitude towards Algeria remains neutral overall.

According to the results, 75% of respondents said they were neutral towards the country. Positive assessments accounted for only 11.7% (of which 9.3% were mostly positive and 2.3% were completely positive). At the same time, 6% had a negative attitude, and another 7.3% of respondents said they were not familiar with Algeria at all.

“For Ukrainians, Algeria remains a relatively distant country, which explains the high level of neutral assessments. At the same time, positive attitudes still prevail over negative ones, and this creates a basis for further cooperation,” commented Alexander Pozniy, head of Active Group.

In turn, Experts Club co-founder Maksim Urakin emphasized the importance of economic ties:

“Despite relatively weak emotional perceptions, Ukraine and Algeria have a noticeable level of trade interaction. In 2025, bilateral trade exceeded $401 million. At the same time, Ukrainian exports amounted to $338.9 million, while imports of Algerian goods amounted to only $62.4 million. As a result, the trade balance is significant and positive for Ukraine — over $276 million. This indicates that economic cooperation can become the basis for further development of relations,” he stressed.

Thus, although Ukrainians’ attitude toward Algeria is mostly neutral, the economic balance looks very favorable for Ukraine.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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New Ukrainian ambassador to Algeria appointed

Ukrainian President Volodymyr Zelenskyy has signed Decree No. 518/2025 on the appointment of Oleksandr Voronin as Ukraine’s ambassador extraordinary and plenipotentiary to the People’s Democratic Republic of Algeria.

Official diplomatic relations between Ukraine and Algeria were established in 1992. The Ukrainian Embassy in Algeria has been active since the early 2000s, developing cooperation in trade, education and energy.

Alexander Voronin has experience in the diplomatic system of Ukraine.

 

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Algeria offers Ukrainian students free education in country’s best universities in English and French

Algeria has officially launched a national initiative to attract foreign students, opening the country to those who wish to pursue higher education in the North African state. In April 2025, the Algerian government launched the digital platform STUDY IN ALGERIAstudyinalgeria.dz, which is part of an ambitious strategy to modernize and internationalize higher education.

University system and infrastructure

As of 2025, there are over 130 public and private higher education institutions in Algeria, evenly distributed throughout the country. They offer:

  • modern infrastructure,
  • international academic partnerships,
  • worldwide recognition of Algerian diplomas.

Studies are available in Arabic, French, or English, depending on the field of study and the institution chosen.

The Algerian education system (LMD)

The Algerian higher education system is based on the European LMD model, which includes:

  • Bachelor’s degree (3 years) — fundamental education in a specific field;
  • Master’s degree (2 years) — advanced training and thesis writing;
  • Doctorate (3 years) — scientific research with public defense of a dissertation.

Social protection and living conditions

Foreign students are provided with:

  • Free medical insurance within university clinics and dormitories;
  • Accommodation provided through the National Office for University Affairs;
  • Medical care, including a doctor, dentist, and nurses, available throughout the entire period of study.

Simplified visa application

Algeria guarantees flexible visa procedures for foreign students, allowing them to complete the admission process as quickly as possible.

The platform studyinalgeria.dz allows you to:

  • Find out about educational institutions
  • Apply for admission
  • Get the necessary advice online.

Reference: the state of Algeria

  • Capital: Algiers
  • Population: ~45 million
  • Location: North Africa, on the Mediterranean coast
  • Official language: Arabic; French is widely used
  • Form of government: presidential republic
  • Education: Algeria invests significant resources in reforming and developing its education system with a focus on internationalization.

Algeria has clearly established itself as a new educational destination on the global map. The STUDY IN ALGERIA program is an attempt to combine affordable quality education, cultural diversity, and a strategic geographical location for the future generation of professionals from around the world.

 

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Algeria launches free government program to attract foreign students

Algeria has officially launched a national initiative to attract foreign students, opening the country to those who wish to pursue higher education in the North African state. In April 2025, the Algerian government launched the digital platform STUDY IN ALGERIAstudyinalgeria.dz, which is part of an ambitious strategy to modernize and internationalize higher education.

University system and infrastructure

As of 2025, there are over 130 public and private higher education institutions in Algeria, evenly distributed throughout the country. They offer:

  • modern infrastructure,
  • international academic partnerships,
  • worldwide recognition of Algerian diplomas.

Studies are available in Arabic, French, or English, depending on the field of study and the institution chosen.

The Algerian education system (LMD)

The Algerian higher education system is based on the European LMD model, which includes:

  • Bachelor’s degree (3 years) — fundamental education in a specific field
  • Master’s degree (2 years) — advanced training and thesis writing;
  • Doctorate (3 years) — scientific research with public defense of a dissertation.

Social protection and living conditions

Foreign students are provided with:

  • Free medical insurance within university clinics and dormitories;
  • Accommodation provided through the National Office for University Affairs;
  • Medical care, including a doctor, dentist, and nurses, available throughout the entire period of study.

Simplified visa application

Algeria guarantees flexible visa procedures for foreign students, allowing them to complete the admission process as quickly as possible.

The platform studyinalgeria.dz allows you to:

  • Find out about educational institutions
  • Apply for admission
  • Get the necessary advice online.

Reference: the state of Algeria

  • Capital: Algiers
  • Population: ~45 million
  • Location: North Africa, on the Mediterranean coast
  • Official language: Arabic; French is widely used
  • Form of government: presidential republic
  • Education: Algeria invests significant resources in reforming and developing its education system with a focus on internationalization.

Algeria has clearly established itself as a new educational destination on the global map. The STUDY IN ALGERIA program is an attempt to combine affordable, high-quality education, cultural diversity, and a strategic geographical location for the future generation of professionals from around the world.

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Reception on occasion of national holiday of Algeria – 70th anniversary of revolution – was held in Kyiv

On November 6, 2024, Charge d’Affaires of the Embassy of the People’s Democratic Republic of Algeria in Ukraine Y.V. Ahmed Ouail held a reception dedicated to the 70th anniversary of the Algerian Liberation Revolution at the Fairmont Grand Hotel in Kyiv.
70 years ago, on November 1, 1954, the Algerian people began an almost eight-year armed struggle against the French colonizers, which resulted in the country’s independence.
On March 19, 1962, the French government and the Algerian National Liberation Front signed the Evian Accords, which put an end to the bloody war (the death toll, according to various estimates, reaches 350 thousand to 1.5 million people).
And on July 1, 1962, during a referendum, Algerians supported the independence of their country.
The event traditionally began with the performance of the national anthems of the two countries – Algeria and Ukraine.
First, the Algerian diplomat, H.E. Mr. Ahmed Ouail, delivered a festive speech, in which he cordially greeted all the participants and expressed hope for further strengthening of multilateral ties and friendly relations between Algeria and Ukraine.
On behalf of the Ukrainian government, Deputy Minister of Foreign Affairs of Ukraine for Digital Development, Digital Transformation and Digitalization Anton Demokhin expressed his congratulations on the occasion.
After Ukraine declared independence on August 24, 1991, Algeria recognized Ukraine on December 27, 1991. On August 20, 1992, Ukraine and Algeria established diplomatic relations. On November 16, 1992, the first Ambassador of Algeria to Ukraine, Belramoul Camerzerman, presented his credentials to President Leonid Kravchuk.
Source: https://www.facebook.com/UkrDiplomatic