Business news from Ukraine

BORIS JOHNSON: UKRAINIAN ISSUE WILL BE ONE OF MAIN DURING MEETING OF G7 HEADS

Prime Minister of the United Kingdom of Great Britain and Northern Ireland Boris Johnson, after the meeting of the countries of the British Commonwealth, expressed confidence that the Ukrainian issue will be one of the main issues at the next meeting of the G7 representatives.
“It has been a fantastic few days in Kigali. We are working together with our Commonwealth friends to stimulate trade and investment, advance the green industrial revolution and find solutions to the crisis in Ukraine that will be the focus of the G7 in the coming days,” he wrote in Twitter Saturday night.
As reported, on June 24, Johnson said that the countries of the British Commonwealth together will be able to achieve a reduction in world food prices.
“Global prosperity and stability are under threat – Commonwealth countries bear the brunt of Putin’s recklessness in Ukraine. Together we can bring down food prices and get the world economy back on track while standing up for the freedoms we all believe in,” he wrote.

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FOREIGN MINISTERS OF UKRAINE AND MOLDOVA INVITED TO G7 MEETING IN GERMANY

Foreign Ministers of Ukraine Dmitry Kuleba and Moldova’s Nikolai Popescu will attend the meeting of the G7 foreign ministers, which starts on Thursday in Germany, the Süddeutsche Zeitung reported on Wednesday.
“The representative of the German Foreign Ministry said on Wednesday in Berlin that the discussions near the Baltic Sea in Schleswig-Holstein will periodically join the Foreign Ministers of Ukraine Dmitry Kuleba and Moldovan Nikolay Popescu,” the newspaper writes.
The publication recalls that Germany is currently chairing the G7. At the meeting of the G7 foreign ministers, they will discuss the consequences of the situation around Ukraine, its impact on energy and food security.
Ministers will also talk about China and the situation in the Indo-Pacific region, the situation in the Middle East, Africa and Afghanistan, climate change and the coronavirus pandemic. Indonesian Foreign Minister Retno Marsudi, whose country now chairs the G20, will take part in some of the discussions.
Later, the Süddeutsche Zeitung recalls, on May 14-15, the foreign ministers of the NATO countries will gather for an informal meeting in Berlin. At the same time, the newspaper specifies, on Saturday the Foreign Ministers of Sweden and Finland, Ann Linde and Pekka Haavisto, will join the consultations.
In turn, the German Foreign Ministry noted that this format of meetings within NATO will be held for the first time, it should contribute to the development of a dialogue between the members of the alliance, a more direct and open exchange of views.

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G7 COUNTRIES AND UN SUPPORT CREATION OF NEW MARKETING CHAINS FOR AGRICULTURAL PRODUCTS BY UKRAINE

The G7 countries and the UN are ready to provide Ukraine with full support in increasing the export of Ukrainian agricultural products via new logistics routes, bypassing its ports blocked by the aggressor country of the Russian Federation, Minister of Agrarian Policy and Food of Ukraine Roman Leschenko said on his Telegram channel on Tuesday.
They are also ready to help in the sowing campaign, the supply of food and fuel, Leschenko wrote about the results of the online meeting of the ministers of agricultural policy of the G7 countries, the EU Commissioner for Agricultural Policy, as well as representatives of the UN World Food Program and the UN Food and Agriculture Organization.
“We discussed the situation with food and sowing in Ukraine. I am grateful to the partners for their sincere understanding and for their support in expanding the markets for Ukrainian agricultural products through new logistics routes, supporting fuel and lubricants in the sowing campaign in Ukraine and supplying food kits for Ukrainians into the war zone,” the minister said.
He said that the meeting participants expressed their full support for Ukraine in these issues, and expressed hope for a quick joint solution of all challenges facing Ukraine.

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G7 AMBASSADORS WELCOME UKRAINE’S STATEMENT TO MOVE TOWARDS NET-ZERO ECONOMY

The G7 countries welcome Ukraine’s statements of commitments to abandon coal and move towards zero CO2 emissions into the atmosphere.

“G7 Ambassadors were pleased to discuss Ukraine’s plans to combat climate change with Minister of Environment Protection and Natural Resources of Ukraine Roman Abramovsky and Deputy Prime Minister of Ukraine for European and Euro-Atlantic Integration Olha Stefanishyna. Ambassadors encouraged Ukraine to submit an ambitious 2nd Nationally Defined Contribution for COP26 by the end of July,” G7 Ambassadors said on the Twitter page.

In particular, the ambassadors welcomed Ukraine’s statements of commitments to transition away from coal and move towards net-zero. A cross-government approach is essential to deliver reforms, create the conditions for investment, and incentivise clean energy in order to meet Ukraine’s goals.

 

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URSULA VON DER LEYEN: UKRAINE OCCUPIES IMPORTANT PLACE ON G7 AGENDA

Ukraine occupies an important place in the discussions of the leaders of the G7 countries, said President of the European Commission Ursula von der Leyen.
“Ukraine is high on our common agenda. The G7 supports Ukraine’s territorial integrity and stands ready to assist in its reform efforts. Ukraine needs strong institutions acting based on the rule of law,” she wrote on Twitter on Saturday.

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HEAD OF PRESIDENT’S OFFICE OF UKRAINE INVITES AMBASSADORS 0F G7 COUNTRIES AND EU TO JOIN TO GOVERNANCE REFORM OF STATE-OWNED COMPANIES

Head of the President’s Office of Ukraine, at a meeting with the ambassadors of the G7 countries and the European Union, informed the diplomats about the progress of the corporate governance reform of state-owned companies, the press service of the head of state said on Thursday evening.
“The Head of the President’s Office invited the ambassadors and their countries to join the preparation of the draft law on improving corporate governance of legal entities, the shareholder of which is the state, which will ensure the implementation of modern international standards in Ukrainian legislation,” the message says.
In turn, Deputy Head of the President’s Office Yulia Svyrydenko noted that the goal is to clearly delineate the functions of the state as a shareholder and to prescribe transparent criteria for evaluating supervisory boards.

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