Business news from Ukraine

Business news from Ukraine

PRESIDENT OF EUROPEAN COMMISSION SAYS OF DIFFICULTIES WITH LAUNCH OF PRODUCTION OF VACCINES AGAINST COVID-19

President of the European Commission Ursula Von der Leyen recalled the difficulties with the launch of the production of vaccines against COVID-19.
“We all underestimated the difficulty for the industry of ramping up a complex mass vaccine production programme from nothing. I wish I had known that last autumn. I would still have been very pleased about the researchers coming up with the vaccine so much faster than predicted, but I would have warned that it could take several more months before it was available in large quantities,” she said in an interview with Die Zeit on Thursday.
Von der Leyen noted that delays in the terms of vaccinations are due to the EU’s careful approach to the vaccine registration process.
She stressed that at first, manufacturers could not fulfill large orders that were formed by different countries.
“Larger initial orders would have been impossible to honour – even if we had paid out billions extra for this. The current bottlenecks are due to the fact that producing a vaccine is extremely complicated and the start is often shaky. There is a limited supply of raw materials, supply chains for the completely new mRNA technology need to be established and, in addition, demand for these substances from all corners of the globe is extremely high,” Von der Leyen said.
She recalled that in early January, European countries faced a shortage of vaccines, so they increased their orders.
As reported, Minister of Health of Ukraine Maksym Stepanov left for to India to conduct direct negotiations with manufacturers on additional volumes of Oxford/AstraZeneca and NovaVax vaccines in 2021-2022 to the already contracted 12 million doses.

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EUROPEAN COMMISSION INTENDS TO STUDY UKRAINIAN LANGUAGE LAW

The European Commission intends to study and give its assessment to the law on the functioning of the Ukrainian language as the state adopted by the Verkhovna Rada of Ukraine, said Maya Kocijancic, spokeswoman for High Representative of the EU for Foreign Affairs and Security Policy and Vice President of the EU Commission Federica Mogherini.
We know that the Ukrainian parliament adopted a new law on language. Now we are waiting for the publication of the final version of this law in order to study its content, she stated at a briefing in Brussels on Friday.
At the same time, Kocijancic reminded that the EU constantly said that the Ukrainian authorities should send a law on language to be assessed by the Venice Commission of the Council of Europe before it comes into force.
As reported, on April 25, the Verkhovna Rada, Ukraine’s parliament, passed as a whole a draft law on the Ukrainian language, which provides for the mandatory use of the national language by government agencies, local self-government and in other spheres of public life. Corresponding bill No. 5670-d on ensuring the use of Ukrainian as the national language passed its the second reading and was generally supported by 278 lawmakers at a plenary session of the parliament on Thursday.

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EUROPEAN COMMISSION PROVIDES EUR 500 MLN OF ASSISTANCE TO UKRAINE

Ukrainian President Petro Poroshenko has said that the European Commission has made a favorable decision on the provision of a first tranche of the fourth macrofinancial assistance of the European Union (EU) to Ukraine in the amount of EUR 500 million and thanked the European Commission for its decision. “Sincerely grateful to the European Commission for positive decision to disburse to Ukraine first tranche of the 4th EU macrofinancial assistance program in the amount of EUR 500 mln,” Poroshenko said on its Facebook page on Friday.

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