Italy will provide €30 million for the restoration of the Odesa Children’s Hospital.
According to the Italian Embassy, the agreement was signed by Italian Ambassador Carlo Formosa and Deputy Prime Minister for the Restoration of Ukraine Oleksiy Kuleba during the first Italian Cooperation Day in Ukraine in Kyiv.
The project involves the construction of a new modern pediatric complex with 260 additional beds, which will provide medical care to children in the region and make the hospital a leading center for the entire south of Ukraine.
In total, Italy’s patronage of Odessa, amounting to more than €93 million, is directed toward projects in the fields of healthcare, agriculture, and cultural heritage preservation.
In addition, as part of the Second Emergency Initiative implemented by the Italian Agency for Development Cooperation (AICS), €45 million has been allocated for humanitarian projects.
“The new Odessa Children’s Hospital is an investment in the future generations of Ukraine, in those who have suffered most unjustly from this terrible war,” said Italian Ambassador to Ukraine Carlo Formosa.
He noted that since the start of the full-scale invasion, Italy has supported 90 Ukrainian hospitals, provided assistance to 140,000 medical workers, and contributed to the restoration of 120 schools.
Ukraine has been increasing its flax exports for the fourth month in a row amid active demand from exporters. Exports in October amounted to 7.65 thousand tons, which is 26% more than in September this year, according to the information and analytical agency APK-Inform.
Analysts noted that the main buyers of flax are EU countries. In October, 43.1% of supplies were purchased by France, 16.8% by Poland, and 11.4% by Italy.
“The increase in flax exports began in July this year, when the active phase of harvesting this crop began. Thus, flax exports in July were recorded at 1.37 thousand tons, and in August at 3.3 thousand tons,” the experts noted.
A sufficient supply of flax is pushing buyers to lower prices. Thus, the maximum demand prices for flax in Ukrainian ports fell by UAH 800/ton over the month and, as of November 6, usually do not exceed UAH 28,500/ton CPT port, according to APK-Inform.
Italian Deputy Prime Minister and Foreign Minister Antonio Tajani said that Italy intends to submit a proposal to the United Nations for a general ceasefire during the 2026 Winter Olympics in Milan and Cortina d’Ampezzo.
According to ANSA, the initiative will cover all armed conflicts, including the war in Ukraine and hostilities in the Middle East.
“We support the US plan (for Gaza) and, as Pope Leo said, we must never lose hope for peace. Rome and Italy are becoming increasingly important crossroads of peace, development, and growth. In view of the Olympic Games in Milan and Cortina d’Ampezzo, we are submitting a proposal to the UN for an Olympic truce for all wars, including Ukraine and the Middle East,” said the Italian Foreign Minister.
The XXV Winter Olympic Games will be held in Italy from February 6 to 22, 2026.
These are the first Olympic Games to be hosted by two cities at the same time — Milan and Cortina d’Ampezzo.
According to Olympic tradition, host countries often appeal to the UN with an “Olympic Truce” initiative, calling on world powers to cease military action during the Games in the spirit of international unity and peace.
Italy expects its proposal to be considered by the UN General Assembly in the near future.
GAZA STRIP, ITALY, OLYMPICS, truce, UN
The Italian city of Trento will host the Ukro-2025 festival of Ukrainian culture on September 28, UkrInform reports with reference to the Ukrainian Newspaper in Italy.
The event will take place at the Trentino Music Arena in San Vincenzo with the support of the Trento City Council and will be held in parallel with Oktoberfest, uniting cultural traditions of Central Europe and Ukraine.
The festival, founded in Milan in 2015, is being held for the seventh time. Previously Ukro was hosted by the cities of Milan, Bergamo, Brescia, Padua, Venice and Bologna.
The program includes concerts by Ukrainian performers, dance and theater groups, craft fair, gastronomic presentations, master classes and charity initiatives. A special element will be the collective artwork DIM-UKRO, created by hundreds of participants.
The organizers expect more than two thousand visitors and emphasize that the festival not only popularizes Ukrainian culture, but also promotes intergenerational dialogue and support for the diaspora.
In terms of total trade volume, Ukraine cooperates most closely with China, Poland, and Germany. These countries form the basis of the state’s foreign economic relations, exerting a critical influence on imports and exports.
China remains the leader with a total trade volume of $8.99 billion. Poland ranks second with $6.04 billion, while Germany and Turkey are almost equal with $4.28 billion and $4.25 billion, respectively. The United States ranks fifth with $2.86 billion.
The top 10 also includes Italy ($2.38 billion), the Czech Republic ($1.64 billion), Bulgaria ($1.54 billion), Hungary ($1.53 billion), and Romania ($1.50 billion).
“The top ten partners form the basis of Ukraine’s foreign trade balance. China and the EU countries account for the largest volumes of trade, but it is important to take into account the significant negative balance in relations with these countries,” said Maksim Urakin, founder of Experts Club and economist.
He added that although the large volume of trade indicates Ukraine’s integration into global supply chains, dependence on imports from China and Europe creates strategic risks.
“Poland and Germany are key hubs for Ukrainian exports, but at the same time they are significant sources of imports. Therefore, it is critically important to balance trade flows, preserving positive sectors such as agriculture and metallurgy, and reducing dependence on critical imports,” Urakin noted.
BULGARIA, CHINA, CZECH REPUBLIC, ECONOMY, EXPERTS CLUB, FOREIGN TRADE, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TURKEY, UKRAINE, USA, МАКСИМ УРАКИН
According to the results of the first half of 2025, Poland remains Ukraine’s main trading partner in terms of export volumes. According to research by Active Group and Experts Club, exports to Poland amounted to US$2.45 billion.
Turkey ranks second with USD 1.71 billion, and Italy ranks third with USD 1.17 billion. Other major partners include: Germany ($1.09 billion), Spain ($976 million), the Netherlands ($919 million), China ($847 million), Egypt ($776 million), Romania ($679 million), and Hungary ($652 million).
“The structure of Ukraine’s exports shows a clear focus on European Union countries. Poland, Italy, Germany, Spain, and the Netherlands together account for more than half of total exports. This indicates Ukraine’s strategic integration into the European economic space,” emphasized Maksim Urakin, founder of Experts Club and economist.
He also noted that Turkey remains a critically important partner for Ukrainian agricultural and metallurgical exports, while China and Egypt are key markets for agricultural products, particularly grains.
“The presence of trading partners such as Egypt and China diversifies Ukrainian exports,” Urakin added.
CHINA, ECONOMY, EGYPT, EXPERTS CLUB, EXPORTS, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TRADE, TURKEY, UKRAINE, МАКСИМ УРАКИН
