Business news from Ukraine

Business news from Ukraine

Portugal will support Ukraine’s recovery – Yulia Sviridenko

Portugal will support Ukraine’s recovery and help build international support for the country’s victory, says First Deputy Prime Minister – Minister of Economy of Ukraine Yulia Sviridenko.
She expressed this opinion after her meeting with Portuguese President Marcelo Rebelo de Sousa in the Brazilian capital, Brasilia, where the Ukrainian delegation, led by Sviridenko, attended the inauguration ceremony of Brazilian President Luiz Inacio Lula da Silva.
“I am grateful to Marcelo Rebelo de Souza for his personal involvement and diplomatic efforts in achieving victory and peace. I am convinced that economic and political cooperation with Portugal will only increase. It is not unreasonable to expect assistance in the movement of our state to the European Union and the participation of Portugal in the reconstruction of Ukraine,” Sviridenko said, as quoted by her press service in a statement on Monday.
As the economy minister noted, Portugal will help Ukraine “in the reconstruction of educational facilities. We are also grateful for help in strengthening our cooperation with the Portuguese-speaking community around the world.”
Portuguese President Rebelo de Souza reaffirmed his country’s full solidarity with Ukraine and its willingness to expand cooperation during the meeting.
During the meeting, they discussed cooperation in the economic sphere, the situation in Ukraine, in particular in connection with missile attacks on energy infrastructure, practical issues of reconstruction, etc.

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Ukraine will participate in application of Spain and Portugal to host 2030 FIFA World Cup – press

Ukraine will participate in the joint application of Spain and Portugal to host the 2030 FIFA World Cup, reports The Times on Tuesday.

Under the move, which is believed to have been sanctioned by Ukrainian President Volodymyr Zelensky and the national governments of Spain and Portugal, the country will host one of the tournament’s groups.

The new partnership is to be officially announced by the football leaders of Spain and Portugal during a press conference at UEFA headquarters on Wednesday.

The proposal uses the idea that football can restore hope and peace. While security guarantees will be needed, by 2030 the Russian invasion is expected to end and the country’s recovery is well under way.

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PORTUGAL WILL PROVIDE UKRAINE WITH UP TO 250 MILLION EUROS IN SUPPORT

Portugal will provide Ukraine with up to 250 million euros in financial support. The corresponding memorandum was signed on Saturday in Kyiv by the Prime Minister of Ukraine Denis Shmygal and the Prime Minister of Portugal Antonio Costa.
“Ukraine should receive the first tranche of up to 100 million euros this year. This will help Ukraine maintain macroeconomic stability during the war and allow it to recover soon after our victory. Thank you Portugal for this support!” Shmygal wrote in a telegram channel.

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PORTUGAL OPENS FOR UKRAINIANS

Portugal will open entry for Ukrainians from July 26 in accordance with the recommendations of the EU Council, Ukrainian Foreign Minister Dmytro Kuleba said.
“Portugal opens from July 26 for all types of travel of Ukrainians according to the recommendation of the EU Council. Country by country we are returning the full effect of visa-free travel with the European Union,” Kuleba wrote on his Twitter microblog on Sunday, July 25.
Kuleba said that before buying tickets, it is necessary to check all the conditions for entering the country according to the interactive map of the Ministry of Foreign Affairs.

UKRAINE MAY TIGHTEN CONTROL OVER VISITORS FROM UK, INDIA, RUSSIA, PORTUGAL TO PREVENT DELTA STRAIN SPREAD

The government is exploring the possibility of strengthening control over visitors from the UK, India, Russia and Portugal to prevent the circulation of the “Delta” (Indian) strain of coronavirus (COVID-19), Health Minister Viktor Liashko said.
“At the Cabinet of Ministers we considered the possibility of strengthening control over people who come from four countries, Great Britain, India, Russia and Portugal, where the greatest circulation of the so-called Delta virus,” he said at a press conference in Kyiv on Wednesday.
As noted by Liashko, the peculiarity of the Delta strain is that it is transmitted faster and leads to hospitalization faster.
“This leads to the fact that hospitals fill up rather quickly, in particular, we see this in Russia,” he said.

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BORSCHAHIVKA PHARMA PLANT TO START SUPPLYING API TO PORTUGAL

PJSC Research and Industrial Center Borschahivka chemical and pharmaceutical plant will export a natural active pharmaceutical ingredient (API) for a medicine in the European Union (EU), the company has said in a press release.
The plant will export belladonna extract to Portugal. The API will be the basis of the patent medicine produced and sold in this country. The API was designed in own research laboratory of the plant in line with the requirements of the customer in short terms.
“An indispensable condition for establishing cooperation was the passage of an external independent audit on the conformity of production and extraction technologies to the requirements of European quality standards, including GMP. The enterprise successfully passed the audit and confirmed that it is a modern and reliable partner for European colleagues,” the plant said.
The plant’s extracts are used by the company to manufacture a number of its own medicines, and also are purchased by other domestic pharmaceutical manufacturers.
As reported, in 2017, the plant started exporting its products to Australia, Estonia and Portugal. Currently, the plant exports its products to 19 countries, including Lithuania, Latvia and the CIS countries. The share of exports of total sales in 2017 was 12.2%.

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