Accrued insurance premiums under Green Card international insurance agreements signed by the member companies of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) in January-August 2020 decreased by 34.3% compared to the same period in 2019, to UAH 781.3 million.
The MTIBU reported on the website the number of Green Card agreements concluded during this period fell by 45.62%, to 406,600.
At the same time, the amount of compensations paid on claims increased by 25.72%, to EUR12.2 million, while the number of claims paid by 14.7%, to 4,141.
The MTIBU is the only association of insurers that provide compulsory insurance of civil liability of land vehicles’ owners for damage caused to third parties.
On August, 22, 23 and 24 Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») invites to a grandiose celebration of the Independence Day of Ukraine. A bright show-program on historical theme, horse-trick performances, Slavic amusements, master-classes, tasty dishes prepared on open fire, horse riding and much more from the life of Kyivan Rus will be waiting for the guests.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
The ticket price: a full adult ticket – 225 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».
The European Investment Bank (EIB) will provide Ukraine, Georgia and Moldova with EUR 55 million through ProCredit Bank in the respective countries to support small and medium-sized enterprises (SME) within mitigating the effects of the economic shock, the EIB’s website reports.
“As part of the overall response to COVID-19, the operation will support the financial intermediaries with temporary emergency measures to facilitate the provision of liquidity to SMEs and midcaps and thereby contribute to mitigating the impact of the economic shock,” the report says.
ProCredit Bank in Ukraine was founded in 2001. At the beginning of 2020, its sole shareholder was ProCredit Holding (100% of the shares).
According to the National Bank of Ukraine, as of May 1, 2020 ProCredit Bank ranked 14th among 75 banks operating in the country in terms of total assets (UAH 25.646 billion).
Ukraine and Turkey intend to prepare a Free Trade Area (FTA) agreement for the meeting of the High Level Strategic Council of Ukraine and Turkey in 2020, Foreign Minister of Ukraine Dmytro Kuleba has said. “We are really determined to hold the next meeting of the Strategic Council of our presidents this year and want to fill it with maximum content. And, of course, the FTA agreement is one of those tasks that should already be consecrated by our leaders,” Kuleba said after a joint meeting with Turkish Foreign Minister at a press conference in Antalya on Friday.
The foreign minister said that at the moment Ukraine is waiting for a certain positional document from the Turkish side in order to continue consultations on this issue.
“Of course, the potential of our trade is phenomenal. I can sincerely tell you that Turkish goods can be found in any store of any region of Ukraine… Unfortunately, Ukrainian goods are not yet represented on the Turkish market, but we also have a lot of things, what Turkish consumers and buyers will benefit from. And we can open this potential, achieve a fair and mutually beneficial balance in trade, and bring our trade to a new horizon by signing the FTA agreement. And today, my colleague and I agreed that we will apply maximum efforts in order to positively resolve this issue,” the Ukrainian minister said.
According to him, Ukrainian and Turkish experts involved in trade will continue negotiations on this issue, but political leaders, ministers of foreign affairs and trade of both countries will be ready to take part in them to settle the issues that will seem insoluble at the expert level.
“There is political will of both sides now to resolve all issues and reach a result, I emphasize, in the interests of business and economies, both Ukrainian and Turkish,” Kuleba added.
The coronavirus disease (COVID-19) pandemic seriously affected the trade between Ukraine and Belarus, and in the first five months of this year, trade between the countries amounted to $1.675 billion, a decrease of 22.8% compared to the same period last year, Belarussian Ambassador to Ukraine Igor Sokol has said. “I would like the turnover to be bigger, but the situation associated with the COVID-19 pandemic is a circumstance that does not depend on you or on us, and it seriously affected the turnover between Ukraine and Belarus. In the first five months of this year, our turnover amounted to $1.675 billion. Belarus exported to Ukraine [goods worth] $1.078 billion, and Ukraine exported to Belarus – $597 million. According to our statistics, compared with the same period last year, there is a decrease in trade by 22.8%,” he said in an interview with Interfax-Ukraine.
According to the ambassador, personal contacts and logistics were interrupted.
“I have to say that Ukraine’s use of restrictive measures in relation to our products (cement, gas concrete block) also had a negative impact on the volume of mutual trade,” Sokol said.
The diplomat said that Ukraine is a significant, strategic trade and economic partner for Belarus.
“Ukraine is now in second place, but God willing that someday it will become our first trade and economic partner. Among Ukraine’s trade partners, Belarus is fourth along with such developed and economically strong states as Germanyвз. That says a lot,” he added.
Sokol also recalled that the Ukrainian-Belarusian trade is estimated in billions of U.S. dollars, and over the past year amounted to $5.8 billion.
“Now the task in the mutual trade turnover of our countries is to restore those positions that existed before the pandemic, to preserve everything that was о up in previous years,” he said.
At the same time, the ambassador said that Ukraine and Belarus did not stop working on the bilateral trade and economic track, even during the pandemic.
“Of course, at the initial stage in March-April, diplomats did not go anywhere, but gradually the work comes to life both in our country and in Ukraine. Our workers, who are involved in various projects in Ukraine, come to your country, our equipment arrives. Yesterday I was in Zhytomyr and participated in the transfer of five new trolleybuses for the city. Last week I participated in the launch of trolleybuses manufactured jointly by Ukraine and Belarus for Kryvy Rih,” he said.
