Business news from Ukraine

Business news from Ukraine

Ukrainians have neutral or negative attitude toward Iraq, according to study by Experts Club

More than half of Ukrainians express a neutral attitude toward Iraq, but at the same time, a significant proportion of respondents rated the country negatively. This is evidenced by the results of a survey conducted by Active Group in cooperation with the Experts Club think tank.

According to the study, 53.7% of respondents said their attitude toward Iraq is neutral. At the same time, 37.0% said they have a negative attitude (11.3% — completely negative, 25.7% — mostly negative). Only 5.7% of Ukrainians expressed positive views (1.7% — completely positive, 4.0% — mostly positive). Another 3.7% of respondents said they were not familiar with the country.

“Ukrainians associate Iraq primarily with wars, instability, and crises, which significantly affects their perception of the country. At the same time, more than half of the respondents demonstrate a neutral position, which indicates the absence of a clear personal assessment,” commented Alexander Pozniy, head of Active Group.

Maksim Urakin, co-founder of Experts Club, emphasized the specifics of economic relations.

“Despite the fact that some of our fellow citizens may confuse Iran and Iraq, the latter is one of our most profitable trading partners. Ukraine’s trade turnover with Iraq in January-August 2025 amounted to $189.3 million. At the same time, exports from Ukraine amounted to $189.2 million, while imports amounted to only $0.16 million. This structure creates a significant positive balance of over $189 million, making Iraq primarily a market for Ukrainian products rather than a source of imports,” Urakin emphasized.

Thus, Ukrainians’ attitude toward Iraq remains neutral overall, with a high proportion of negative assessments, while economic relations are one-sided and focused on Ukrainian exports.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Iran and Iraq to lead refinery capacity growth in Middle East

Growing domestic demand combined with huge oil reserves will lead to a significant increase in refining capacity in the Middle East, according to industry publication Offshore Technology, citing a study by GlobalData Energy.

“The Middle East is expected to be a key region in terms of growth in traditional refinery capacity worldwide, accounting for more than a quarter of the total increase by 2030. This growth is driven by large-scale projects, particularly in Iran and Iraq. Both countries are using their vast oil reserves to expand their oil refining infrastructure in an effort to meet growing domestic demand, reduce oil product imports, and strengthen their export capabilities,” the experts write.

In their opinion, Iran will dominate in terms of refinery commissioning, accounting for 40% of the total. The country plans to commission a total of 15 new and expanded projects. The largest of these is Jask II, with a declared capacity of 6,000 barrels per day. The project is currently in the preliminary design stage and is expected to be launched in 2028.

Oil refining capacity in Iraq is expected to increase by 1.9 million bpd. New projects are leading the way in terms of commissioning rates in the country, accounting for 65% of the total expected volume by 2030. About 28% of these are under construction. One of the significant projects, Basra II, involves increasing production by 300 bpd in 2027.

Oman ranks third in terms of oil refining capacity growth, with an increase of 695,000 bpd by 2030.

 

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More than half of Ukrainians have negative attitude towards Iraq – research by Experts Club and Active Group

Active Group and Experts Club have conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The study was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 3.6
Mostly positive – 8.6
Mostly negative – 25.1 %.
Completely negative – 30.9%.
Difficult to answer – 31.8%.
Positive – Negative -43.8

On December 16, 1992, diplomatic relations between Ukraine and Iraq were established

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
https://expertsclub.eu/cpilne-doslidzhennya-kompaniyi-active-group-ta-experts-club-shhodo-stavlennya-ukrayincziv-do-krayin-shidnoyi-aziyi-ta-blyzkogo-shodu/

Video – https://interfax.com.ua/news/video/993142.html

 

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6 vessels carrying Ukrainian foods to China, Germany, Iraq, Lebanon, Turkey

Six vessels carrying nearly 154,000 tonnes of foods departed from Ukrainian ports on Thursday after receiving approval from the Joint Coordination Center (JCC).
“The Joint Coordination Center (JCC) reports that six vessels left Ukrainian ports today [on October 13] carrying a total of 153,505 metric tonnes of grain and other foods under the Black Sea Grain Initiative,” the center said.
In particular, the Wei He vessel is heading to China with 62,860 tonnes of sunflower meal on board, the Marlen bulker is carrying 33,000 tonnes of sunflower oil to Iraq, the Irmgard is carrying 30,817 tonnes of rapeseed to Germany, and the Ak Hamza is carrying 7,000 tonnes of corn to Lebanon.
Another two vessels – the Dignity (14,000 tonnes of corn) and the Yaf S (5,828 tonnes of wheat) – are bound for Turkey.
“Grains that reach a destination may go through processing and be transshipped to other countries,” the JCC said.
“As of October 13, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 7,363,704 metric tonnes. A total of 666 voyages (335 inbound and 331 outbound) have been enabled so far,” the center said.
The United Nations, Russia, Turkey and Ukraine signed a document in Istanbul on July 22 on opening a corridor to export grain from three Ukrainian ports – Chornomorsk, Odesa and Yuzhny.

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Iraq elects new president

Latif Rashid on Thursday became the President of Iraq following a vote in Parliament, which marked the beginning of the formation of the Iraqi government – a year after the parliamentary elections in the country, Rudaw reports.

Rashid beat his opponent, former Iraqi President Barham Saleh, by 63 votes. In total, 162 deputies voted for Rashid.

Mohammed al-Sudani, who is running for the new prime minister, is expected to form a government within 30 days.

Previously, Rashid served as the Minister of Water Resources of Iraq, and was also a representative of the Patriotic Union of Kurdistan party.

Protests against corruption in Iraq caused early parliamentary elections in the country in October 2021. However, elected parliamentarians could not form a government due to disagreements between political blocs over the mechanisms for its formation.

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UKRAINIAN SPECIALISTS TO TAKE PART IN NATO MISSION IN IRAQ

Ukrainian specialists will take part in the NATO mission in Iraq and the Maritime Guard operation in the Mediterranean sea, said Yuriy Vasyliev, deputy director of the department, head of the European and Euro-Atlantic integration department of the International Defense Cooperation Department of the Ukrainian Defense Ministry. “Ukraine has been a contributor to international security throughout its years of independence, and we continue, despite the aggression that we have, our contributions to missions and operations under NATO command. Now we have specialists who are in a Resolute Support Mission in Afghanistan and in the forces in Kosovo. But taking into account our recent proposals that have been accepted, we are now preparing to send our specialists to another two operations: the NATO mission in Iraq and the Alliance’s operation Maritime Guard,” Vasyliev said at an online conference on Tuesday.
He stressed that the Ukrainian military, hardened in battles to defend independence and territorial integrity, will be participants in these operations.
Vasyliev also pointed out that, given the status of a partner with expanded capabilities, Ukraine will be involved in five NATO exercises, which will be held on the topic of collective defense.
In addition, he noted that work is now underway to increase the level of Ukraine’s representation in the governing bodies and command structures of the Alliance.
“We are entering a new stage and will work this year, hopefully in the second half of the year, to send our civilian representative of the Ministry of Defense as a so-called voluntary national contribution,” Vasyliev explained.

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