Business news from Ukraine

Business news from Ukraine

Arabica prices hit 13-year high due to drought in Brazil

Arabica coffee is actively rising in price on Monday, reaching 13-year highs on weak forecasts for the Brazilian coffee harvest.
The price of arabica futures on the New York Stock Exchange ICE Futures rose by 1.2% to $3.0575 per pound.
Meanwhile, robusta futures jumped 4.1% to $5191 per ton.
The US Department of Agriculture has predicted that the coffee harvest in Brazil in the 2024/25 agricultural year will amount to 66.4 million standard 60-kilogram bags, while previously the harvest was expected to reach 69.9 million bags.
According to the Cemaden meteorological service, the current season in Brazil is the driest since 1981.

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Volodymyr Zelenskyy may visit Brazil

Ukraine’s Foreign Minister Dmytro Kuleba said that Ukrainian President Volodymyr Zelenskyy may soon visit Brazil.

“Zelensky may soon go to Brazil. Lula da Silva will always be welcome in Ukraine,” Kuleba said in an interview with El Economista (Mexico), La Nación (Argentina) and CNN Brazil.

When asked whether the date of Zelenskyy’s visit to Brazil was already known, the Foreign Minister said that “work is underway.”

In addition, according to the minister, after Zelenskyy’s visit to Brazil, a visit to other countries in the region may be planned.

“Argentina is included in the list because of the significant presence of Ukrainians in the country and for the humanitarian assistance it has provided us,” Kuleba said.

The minister also thanked Brazil for convening an emergency meeting as president of the Security Council after Russia’s brutal attack on the village of Groza in Kharkiv region. Thunderstorm in Kharkiv region.

He noted that the Brazilian National Security Advisor will continue to participate in consultations on the Ukrainian “peace formula.”

“A new meeting will be scheduled soon, it has already been confirmed by Brazil. This is a good sign for relations between the two countries,” Kuleba emphasized.

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Ukrainian president appoints ambassadors to India, Brazil and Colombia

Ukrainian President Volodymyr Zelenskyy has signed a decree appointing Andriy Melnyk as Ukraine’s ambassador extraordinary and plenipotentiary to Brazil.
The corresponding decree № 341/2023 is published on the website of the President.
In addition, by the decree № 340/2023 Ambassador of Ukraine to Peru Yuriy Polukhovich was appointed Ambassador of Ukraine to Colombia concurrently.
By Decree №339/2023 Oleksandr Polishchuk was appointed Ambassador of Ukraine to India.
Andriy Melnyk served as Deputy Minister of Foreign Affairs of Ukraine from 2022 to 2023, before that he was Ukraine’s ambassador to Germany (from 2014 to 2022).
Yuriy Polyukhovich has represented Ukraine in Peru since December 2022. Previously, he served as Acting Minister of Education and Science of Ukraine (from March 10 to March 25, 2020).
Oleksandr Polishchuk has served as Deputy Minister of Defense of Ukraine since October 2019. He was Ukraine’s representative in the Trilateral Contact Group in the working subgroup on security issues. He holds the rank of Major General.

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Brazil has approved candidacy of Andriy Melnyk for position of Ukraine’s ambassador to that country

Brazil has approved the candidacy of Ukrainian Deputy Foreign Minister Andriy Melnyk for the post of Ambassador Extraordinary and Plenipotentiary of Ukraine.

“The Brazilian government is pleased to announce that it has granted Mr. Andriy Melnyk an aggregate nomination for the post of Ambassador Extraordinary and Plenipotentiary of Ukraine to Brazil,” the ministry said in a statement on its website.

Earlier on May 10, Melnyk had a meeting in Kiev with Celso Amorim, chief advisor of the Special Consultative Service of the Brazilian Presidential Administration.

As reported, on July 11, 2022, Ukrainian President Volodymyr Zelensky fired Andriy Melnyk from the post of Ukrainian Ambassador to Germany. Melnyk had been Ukraine’s ambassador to Germany since 2014.

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Ukrainian president nominated as ambassadors to China, India and Brazil

Foreign Minister Dmytro Kuleba said on Monday that he has submitted to Ukrainian President Volodymyr Zelensky nominations for Ukraine’s ambassadors to China, India and Brazil.
Kuleba said on Facebook that the Foreign Ministry has created an open search for Ukraine’s ambassadors, and the vacancy is currently open for 21 countries except China, India and Brazil.
“As a final note: you may note that China, India and Brazil are not among the list of countries. And you would be right. This is because I have already submitted to the President of Ukraine candidates for ambassadors to these countries. You will know their names after the publication of the corresponding decrees. I will only say that we plan to send to such special countries specialists in state work experience at the level of ministers and deputy ministers”, – Kuleba wrote.

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Ukraine resumes high-level contacts with Brazil

Ukrainian President Vladimir Zelensky noted the resumption of high-level contacts with Brazil. “Just talked to the president of Brazil. Useful conversation. Resuming contacts between our states at the highest level,” he said in a video message on Thursday.
“I informed about the Russian attacks against our people, the killing of children, the strikes on our civilian infrastructure. Thanked Brazil for supporting our resolution on peace and territorial integrity for Ukraine. We discussed diplomatic efforts that can stop Russian aggression and bring peace back to our country, the region and the world,” he said.
According to Zelenskyy, in his conversation with the Swiss president, he “thanked for the support package for Ukraine, for our people. We discussed further bilateral cooperation and possible interaction on international platforms.”
“I heard that Switzerland is interested in the implementation of our peace formula. This is a very good signal,” he said.