Business news from Ukraine

Business news from Ukraine

Zelensky has formed delegation to participate in negotiations with US

Ukrainian President Volodymyr Zelensky has formed a delegation to participate in negotiations with the United States and other international partners of Ukraine, as well as with representatives of the Russian Federation. The delegation will be headed by the head of the President’s Office, Andriy Yermak.

Decree No. 854/2025, signed on November 22, “On the Ukrainian delegation to participate in the negotiation process with the United States of America and other international partners of Ukraine, as well as with representatives of the Russian Federation, to achieve a just and sustainable peace,” is posted on the website of the Office of the President.

The delegation consists of nine high-ranking officials, including the head of the delegation, Head of the Office of the President Andriy Yermak, Secretary of the National Security and Defense Council of Ukraine Rustem Umerov, and Head of the Main Intelligence Directorate of the Ministry of Defense of Ukraine Kirill Budanov. It also includes Chief of the General Staff of the Armed Forces of Ukraine Andriy Hnatov, Chairman of the Foreign Intelligence Service of Ukraine Oleg Ivashchenko, First Deputy Minister of Foreign Affairs of Ukraine Serhiy Kyslytsya, First Deputy Secretary of the National Security and Defense Council of Ukraine Yevhen Ostryansky, Deputy Chairman of the Security Service of Ukraine Oleksandr Poklad, and Advisor to the Head of the Office of the President of Ukraine Oleksandr Bevz.

According to the decree, Yermak, as head of the delegation, is authorized to make changes to the composition of the Ukrainian delegation in agreement with the President of Ukraine; to involve, in accordance with the established procedure, employees of state bodies, enterprises, institutions, organizations (in agreement with their heads), scientific advisers, and experts (with their consent) to ensure the work of the Ukrainian delegation.

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UNESCO DELEGATION WILL VISIT CAPITAL OF UKRAINE

A UNESCO technical delegation will visit Kyiv this week, said Assistant Director General of UNESCO for Priority Africa and External Relations Firmin Eduard Matoko.
“We are planning to send a technical mission to Kyiv with the government of Ukraine this week to further assess the needs and expectations of the Ukrainian authorities and determine the forms of our participation. UNESCO expresses its readiness, together with all partners, to provide technical support in our areas of competence and support the plan for the restoration and development of Ukraine “, Matoko said at a conference on the restoration of Ukraine in Lugano on Tuesday.
He noted that UNESCO regularly monitors the impact of the war on cultural sites, damage to educational institutions, and also the safety of journalists and media workers.
“We protect cultural heritage with satellite monitoring and equipment to protect and stabilize objects,” Matoko said.
According to him, UNESCO is also mobilizing support to ensure continuity of learning for all citizens of Ukraine, supporting online learning in and outside Ukraine, as well as the integration of refugees – students and teachers – into host countries.
He added that since the beginning of the war, UNESCO has been able to mobilize about $5 million for agreements with donor countries in these areas.

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DELEGATION OF RULING PARTY OF SOUTH KOREA PLANS TO VISIT UKRAINE

A delegation of South Korea’s ruling People’s Power party will visit Ukraine next month, Yonhap reports citing officials.
Party chairman Lee Jung Suk and some party lawmakers will travel to Ukraine in early June as part of a “special delegation of Korean-Ukrainian freedom, peace and solidarity,” they said.
The exact date of the visit has not yet been determined.
“South Koreans deplore the situation in Ukraine and hope for a speedy peace,” the party’s press release quoted the agency as saying.
As noted in the Power of the People, their party will be the first political party in Asia to send a delegation to Ukraine.

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US CONGRESS DELEGATION ARRIVES IN UKRAINE

The US Congress delegation chaired by Republican Senator Lindsey Graham arrived in Kyiv, where it will meet with Ukrainian President Volodymyr Zelensky, Foreign Minister Dmytro Kuleba and Defense Minister Andriy Taran, the US Embassy in Kyiv told Interfax-Ukraine.
It is clarified that the delegation includes US Senators Lindsey Graham (republican, South Carolina), John Barrasso (republican, Wyoming), Ben Sasso (republican, Nebraska), Tommy Tuberville (republican, Alabama) and Congressman William Timmons (republican, South Carolina ).
The delegation is to meet with President of Ukraine Volodymyr Zelensky, as well as with Foreign Minister Dmytro Kuleba and Defense Minister Andriy Taran.

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FOREIGN MINISTER INVITES DELEGATION OF SAUDI INVESTORS TO VISIT UKRAINE

Ukrainian Foreign Minister Dmytro Kuleba, in a telephone conversation with Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al Saud, invited a delegation of Saudi business representatives to visit Ukraine and assess the country’s investment opportunities.
“Dmytro Kuleba invited a delegation of Saudi investors and company leaders to visit our state to assess investment opportunities for doing business and the possibility of participating in a large privatization program. The Minister expressed hope that trade issues will be successfully considered in October at the next meeting of the Intergovernmental Ukrainian-Saudi Commission on economic and scientific-technical cooperation in Riyadh,” the press service of the Ministry of Foreign Affairs of Ukraine reports.
Kuleba himself said that Saudi investments are already working successfully in Ukraine.
“We will welcome their increase. Ukraine is a country of new economic opportunities, especially in the fields of energy, IT, infrastructure, healthcare, agricultural and industrial sectors,” the minister said.
The parties noted the positive dynamics of bilateral relations since their previous conversation in the past, including the holding of the first in eleven years of political consultations between the foreign ministries, and also agreed to continue to maintain a high rate of development of relations between Ukraine and Saudi Arabia.
Kuleba noted a significant increase in the number of tourists from Saudi Arabia in Ukraine, which became possible due to the abolition of visa requirements by Ukraine and the opening of direct flights. The Minister expressed hope that next year the number of Saudi guests will increase further, which should be facilitated, in particular, by the granting of additional permits to Ukrainian carriers for regular flights to Saudi Arabia.
Prince Faisal bin Farhan Al Saud, in turn, expressed gratitude for the warm welcome of his compatriots, which strengthens friendly ties between the two countries. He also noted strong trade ties and expressed his conviction that the two countries have great potential for the development of trade and investment.
The parties expressed their readiness to work on the preparation of high-level visits. The Saudi Minister accepted the invitation to visit Ukraine and invited his Ukrainian counterpart to pay a visit to Saudi Arabia.

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TURKEY READY TO RECEIVE UKRAINIAN DELEGATION TO FINALIZE AGREEMENT ON FTA

Next week Turkey is ready to receive a Ukrainian delegation to finalize the technical aspects of the draft agreement on a free trade area (FTA) between the countries, Turkish Trade Minister Mehmet Muş said.
“Our delegations have already fruitfully worked on the agreement. And next week we are ready to host a delegation from Ukraine to finalize the technical aspects of the draft agreement,” the press service of the Economy Ministry of Ukraine said, citing Muş, following his videoconference with First Deputy Prime Minister Oleksiy Liubchenko on Monday.
The Turkish minister said the delegations should intensify their work and in the near future submit a draft agreement on an FTA between the two countries.
“We have several positions left where we must find a balance in our trade relations. It should be noted that during the negotiations with our Turkish colleagues we came to constructive and progressive solutions that will allow us to protect domestic markets where necessary and prepare an agreement, which will contribute to the deepening of trade relations and the development of the economies of our countries,” Liubchenko said.
According to the Economy Ministry, the videoconference was held following a phone conversation between President of Ukraine Volodymyr Zelensky and President of Turkey Recep Tayyip Erdoğan.

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