Business news from Ukraine

UKRAINE’S DELEGATION READY FOR UKRAINE-EU-RUSSIA GAS TALKS IN SEPT

The Ukrainian delegation, led by Minister of Energy and Environmental Protection Oleksiy Orzhel, is ready for trilateral negotiations on the transit of Russian gas in the Ukraine-EU-Russia format in September, the press service of the relevant ministry said, citing the words of the head of the department.
“The Ukrainian delegation, which I will head, is ready to take part in trilateral gas talks this month,” the press service quoted Orzhel as saying.

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HEAD OF EUROPEAN UNION DELEGATION TO UKRAINE SEES NO THREATS TO VISA-FREE REGIME

Head of the European Union Delegation to Ukraine Hugues Mingarelli has said he doesn’t see any threats to the visa-free regime between Ukraine and the EU.
Mingarelli said that he didn’t see any threats, but Ukraine must adhere to its obligations. He said about this at the event of the European business association “New 5 year challenge: Expectations. Hopes. Concerns” on Thursday in response to a question whether he sees any threats to the visa-free regime between Ukraine and the EU.

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BUSINESS DELEGATION OF PHARMEXCIL WILL VISIT UKRAINE IN LATE NOV

The business delegation of Pharmexcil, the Pharmaceuticals Export Promotion Council of India, will visit three importing countries, including Ukraine, Turkmenistan and the Russian Federation at the end of November. The Indian Pharmaceutical Manufacturer’s Association (IPMA) said the delegation of Pharmexcil will hold business meetings with the local pharmaceutical companies and regulatory agencies to stimulate Indian pharmaceutical exports.
In Kyiv, the delegation of Pharmexcil will meet with the representatives of the Ministry of Health and pharmaceutical companies.
According to Pharmexcil, the sales of Indian medicines in Ukraine in 2017-2018 increased by 14.4%, to $95.96 million. In the 2016-2017 fiscal year, India exported pharmaceutical products worth $83.91 million to Ukraine.
India as a manufacturer in Ukraine in 2017 ranked third in terms of pharmacy sales in packages after Ukraine and Germany, and in monetary terms (in the national currency) it ranked fourth after Ukraine, Germany, and the United Kingdom. Among the Indian pharmaceutical companies that are actively working in Ukraine, in particular, are Macleods Pharmaceutical, Dr Reddy’s, Euro Lifecare Ltd.

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