Business news from Ukraine

Business news from Ukraine

Government of Canada to issue 5-year bonds in support of Ukraine

The Government of Canada will issue five-year bonds – Ukraine Sovereignty Bonds – to financially support Ukraine, Prime Minister Justin Trudeau said at the XXVII Triennial Congress of Ukrainian Canadians in Winnipeg on Friday.
“Canada remains unwavering in our commitment to support the people of Ukraine in their fight against Putin’s illegal and barbaric invasion, and we will continue to do everything we can to ensure Ukraine has the resources it needs to win. Now, through a bond designated for Ukraine, Canadians can contribute to this critical effort through a new federally backed investment,” Deputy Prime Minister and Finance Minister Chrystia Freeland said in a statement on the Prime Minister’s website.
Trudeau announced that the Government of Canada will issue Ukraine Sovereignty Bonds, which will help the government continue operations, including providing essential services to Ukrainians, like pensions, and purchasing fuel before winter.
The equivalent proceeds from this five-year bond will be channelled directly to Ukraine through the International Monetary Fund’s (IMF) Administered Account. This builds on the Government of Canada’s CAD 2 billion in financial assistance to Ukraine this year, the report said.
According to it, the new bonds will be offered by the participating financial institutions at denominations and rates to be announced shortly.
Those who decide to invest in this bond will actually purchase a regular five-year Canadian government bond backed by Canada’s AAA credit rating. Canada is the first country in the world outside of Ukraine to offer bonds in support of Ukraine for purchase.
To increase pressure on Putin’s regime, Trudeau also announced that Canada is imposing new sanctions on individuals and entities complicit in Russia’s invasion of Ukraine. These new measures will target 35 senior officials of energy entities, including those of Gazprom and its subsidiaries, and six energy sector entities involved in Russia’s ongoing violations of Ukraine’s sovereignty and territorial integrity. “These new measures build on the sanctions we have already implemented against over 1,400 individuals and entities,” he said.
He also announced that Canada intends to impose new sanctions on members of the Russian justice and security sectors, including police officers and investigators, prosecutors, judges, and prison officials, involved in gross and systematic human rights violations against Russian opposition leaders.
Trudeau said that the 39 armoured combat support vehicles (ACSVs) Canada announced for Ukraine in June have started to arrive in Europe, where training for the Ukrainian forces is underway, with the last expected to be delivered end of November. Since February 2022, Canada has committed over CAD 600 million in military assistance to Ukraine. Canada will continue to help Ukraine meet its urgent requirements for military and defence equipment.
The prime minister also said that Canada is allocating $55 million in previously announced funding to the International Federation of Red Cross and Red Crescent Societies, the International Organization for Migration, and the United Nations High Commissioner for Refugees and other humanitarian partners to support winterization initiatives. This includes providing shelter and distributing essential items such as blankets, clothing, heating appliances, and fuel.
In addition, the Prime Minister announced the launch of the Canada-Ukraine Science Partnership, which will invite up to 20 Ukraine-based scientists to come work and live in Canada.
According to the report, streamlining current visa and travel requirements, as of October 18, 2022, close to 315,000 applications have been approved.

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The number of refugees from Ukraine in Europe has reached 4.43 million – UN

The number of refugees from Ukraine registered for temporary protection or similar national protection schemes in Europe reached 4 million 426.75 thousand as of October 25, 2022, the Office of the United Nations High Commissioner for Refugees (UNHCR) reported on its website.

For the month since September 30, the growth amounted to 242.9 thousand, while for the previous month – about 214.3 thousand, and in total since the end of May – about 1.5 million.

The largest increase over the past month was shown by Germany (data for October 8) – about 106 thousand, Poland – about 60 thousand, Czech Republic – about 14 thousand.

According to UNHCR data collected from national governments, the largest number of refugees with temporary protection status in Poland is 1 million 469.03 thousand, while 7.365 million people have arrived in the country from Ukraine, according to the Polish border service, since the beginning of the war, and in the opposite direction departed to Ukraine 5.547 million.

Following are Germany and the Czech Republic, where the number of refugees registered for temporary protection from Ukraine amounted to 815.13 thousand and 452.91 thousand, respectively.

The UN, referring to government data, indicates that in total in Germany, where Ukrainians were allowed to stay without registration until the end of August, 1 million 2.67 thousand refugees from Ukraine were recorded, which is only 5 thousand more than a month ago.

In the Czech Republic, the situation, according to UN information, is different: almost all arrivals applied for protection status – 452.91 thousand out of 453.10 thousand.

In the vast majority of other countries, the picture is similar to the Czech Republic: the statistics of registered refugees is completely or almost equal to the statistics of those who applied for protection status, which is probably due to the peculiarity of their registration and the completion of the 90-day period of stay under the visa-free regime. An exception, similar to Germany, is only Estonia – 37.66 thousand with the status of 60.98 thousand refugees registered in the country and partly Romania – 76.16 thousand out of 86.21 thousand.

Italy is still in fourth place in terms of the number of registered refugees from Ukraine – 160.67 thousand (an increase of 3 thousand), and Spain closes the top five – 149.21 thousand (an increase of 4.5 thousand).

Following are Bulgaria with an indicator of 142.81 thousand (an increase of 6.6 thousand), the only one in which the number of registered with the status of temporary protection is much higher than the number of registered refugees from Ukraine – 55.26 thousand, the UK – 138.4 thousand. (growth by 6.7 thousand) and France – 105 thousand (data as of September 26).

From 50 thousand to 100 thousand refugees from Ukraine with the status of temporary protection also in Slovakia – 98.57 thousand (an increase of 3.4 thousand), Austria – 84.76 thousand, the Netherlands – 79.25 thousand ( data as of September 30), Lithuania – 68.93 thousand, including Switzerland – 66.81 thousand (an increase of 5 thousand), Ireland – 60.51 thousand (an increase of 5.7 thousand), Belgium – 57.83 thousand and Portugal – 52.88 thousand (data as of October 3), as well as Romania mentioned above.

Following with indicators from 25 thousand to 50 thousand are Sweden – 47.38 thousand, Latvia – 40.67 thousand, Finland – 42.29 thousand. Denmark is also in this category – 34.41 thousand, Hungary – 31.29 thousand, Norway – 30.57 thousand, as well as Estonia, which was discussed above.

From 10 to 25 thousand refugees from Ukraine with the status of temporary protection in Greece – 20.0 thousand, Croatia – 18.93 thousand and Cyprus – 17.63 thousand.

In addition, the UN statistics on those who received the status of temporary protection include refugees of Ukraine in Slovenia – 7.90 thousand, Luxembourg – 6.76 thousand, Montenegro – 6.65 thousand, Iceland – 1.77 thousand, in Malta – 1.42 thousand, in Serbia and Kosovo – 1.04 thousand and Liechtenstein – 0.4 thousand.

The UN also indicated the countries in which refugees from Ukraine were recorded, but there is no data on their status: Turkey (data as of May 19) – 145 thousand, Moldova – 95.73 thousand, Georgia – 26.79 thousand, Northern Macedonia – 6.16 thousand, Azerbaijan – 3.93 thousand, Albania – 2.62 thousand, Armenia – 0.49 thousand and Bosnia and Herzegovina – 0.13 thousand.

Separately, the UN indicates Russia and Belarus, the Ukrainian border with which 2 million 852.4 thousand and 16.7 thousand people, respectively, crossed, however, after October 3, data for Russia ceased to be updated, while for Belarus they are even older. According to the UN, all those who crossed the border were recorded in the Russian Federation, while in Belarus – 15.93 thousand. There is no data on obtaining the status by them, as well as data on crossing the border of Ukraine in the opposite direction.

According to UNHCR data, as of October 25, a total of 14.592 million people have left Ukraine since the beginning of the war (excluding entry flow), of which 7.114 million went to Poland, 2.852 million to Russia (data as of October 3), and Hungary to 1.629 million people, Romania – 1.426 million people, Slovakia – 888.4 thousand people, Moldova – 670.2 thousand people, Belarus – 16.7 thousand people.

At the same time, according to the UN, from February 28 to October 25, 7.144 million people entered Ukraine (excluding data from Hungary, the Russian Federation and Belarus).

“Since the beginning of the Russian invasion, almost a third of Ukrainians have been forced to leave their homes. This is one of the largest displacement crises in the world today. In Ukraine, about 6.2 million people remain displaced by war,” says UNHCR, which downgraded its estimate of internally displaced people in October persons per 0.8 million people.

UNHCR indicates that by mid-2021 there were only 53.47 thousand Ukrainian refugees in the world who applied for the appropriate status, of which 36.49 thousand were in Europe.

As of mid-2020, the UNHCR estimated the Ukrainian diaspora in the world at 6.1 million, including 5 million in Europe.

Source: https://data.unhcr.org/en/situations/ukraine#_ga=2.228732760.514168680.1646989952-176134281.1646551413

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Germany handed over 14 generators to Ukraine

Germany handed over 14 generators of various capacities to units of the State Emergency Service of Ukraine, the press service of the German Embassy in Ukraine reports.

“14 generators of different capacities for the units of the State Emergency Service in Donetsk, Kyiv, Lugansk, Chernihiv and Cherkasy regions are already in Ukraine,” the message on Facebook says.

It is noted that the delivery was provided by the Federal Agency for Technical Assistance (THW) with the financial support of the German Ministry of Foreign Affairs.

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Germany is ready to host a conference on restoration of Ukraine

Germany reaffirms its readiness to support Ukraine for as long as necessary, and is ready to hold an annual conference on the reconstruction of the country in 2024, Chancellor Olaf Scholz said.
“Our goal is a peaceful Ukraine that will live in prosperity,” he said at the conclusion of the International Expert Conference on the Reconstruction of Ukraine in Berlin on Tuesday.
Scholz recalled that the URC was hosted by Swiss Lugano in 2022 (and Lithuanian Vilnius in 2021), and next year it will be held in the UK.
The Prime Minister of Japan, who will take over the G7 presidency next year, Fumio Kishida, in his video address to the conference in Berlin, stressed that Ukraine will remain in the spotlight, and Japan will make efforts to set the framework for a transparent and fair process of rebuilding the country based on desires. and aspirations of its people.
Also, the President of this country, Joko Widodo, announced the important position of Ukraine on the agenda of the upcoming G20 summit in Indonesia in November. According to him, the highest priority is diplomacy for the sake of peace and the end of the war.
The head of Indonesia called for a constructive dialogue for the sake of peace at the upcoming summit, including the parties “standing on different sides”, at the same time recalling the military assistance allocated to Ukraine and the commitments made by Jakarta to restore Ukrainian hospitals.

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Switzerland and Ukraine signed a memorandum of partnership in field of digital transformation

A memorandum of partnership in the field of digital transformation was signed between Ukraine and Switzerland, according to the Telegram channel of the President of Ukraine.
“A memorandum of partnership in the field of digital transformation was signed between Ukraine and Switzerland. We plan to deepen our cooperation to help restore Ukraine through digitalization,” the report says.
The parties also discussed the possibilities of Swiss assistance in supporting digitalization and restoration of telecommunications systems in the recently occupied territories of Ukraine.

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Ukraine’s human rights ombudsman meets Russian ombudsman for the first time

Ukrainian Parliamentary Ombudsman Dmytro Lubinets has met Russian Ombudswoman Tetyana Moskalkova.

“During the prisoner exchange, I met the Russian Ombudswoman Tatyana Moskalkova for the first time. The need for negotiations was in the humanitarian field. In particular, they talked about the need to intensify the repatriation of prisoners of war and the release of civilian hostages,” he wrote in his Telegram channel on Monday.

“We discussed the following points: The need for a visit to the colony in Olenivka by the Ukrainian and Russian sides and, if necessary, with the participation of a third party; the need for bilateral cooperation on many issues affecting the civilian population; the elaboration of ways to visit prisoners of war and inspect their places of detention, both on Russian-controlled territory and in Ukraine; the possibility for prisoners of war to call their relatives; a thorough search for missing persons; the reunification of families when children and parents are in different areas; the restoration of documents for refugees; and

At the end of the meeting, it had been agreed to send official letters on the implementation of the agreed human rights protection tasks. “I hope that the implementation of the agreed proposals will be a step to help our citizens!” – Lubinec said.

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