Business news from Ukraine

OVER 2 MLN PEOPLE IN UKRAINE REGISTERED AS INTERNALLY DISPLACED PERSONS

The Ministry of Social Policy says that since the introduction of martial law, more than two million people have registered as internally displaced persons.
“I know that now, when talking about internally displaced persons, they often talk about people who have moved after martial law. But the war has been going on for eight years, and the number of those who have been forced to leave their homes since 2014 and seek asylum in other regions of the country is higher. To date, the Unified Information Database on Internally Displaced Persons has information on 3.4 million people,” the ministry’s press service quotes the Minister of Social Policy.
It is noted that more than two million of them are people who were forced to move after the introduction of martial law.
According to the report, most people after the large-scale military invasion of Russia moved to Lviv, Dnipropetrovsk, Poltava, Vinnytsia and Kyiv regions.
Most internally displaced persons are registered in Donetsk, Luhansk, Kharkiv, Dnipropetrovsk and Kyiv regions.
The Ministry of Social Policy also reports that more than 225,000 people have registered as internally displaced persons through Diia.

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GERMAN RHEINMETALL APPLIES FOR EXPORT OF LEOPARD TANKS TO UKRAINE

The German company Rheinmetall applied to the German Federal Government with another application for the export of 88 tanks Type 1A5 Leopard to Ukraine, the Welt newspaper reported, citing documents provided by the manufacturer.
According to the edition, the application was submitted at the end of last week. Delivery could take place in a few weeks if German Chancellor Olaf Scholz decides.
In addition, earlier bids from Rheinmetall for 100 Marder armored personnel carriers and from Krauss-Maffei Wegmann Group for 100 PzH 2000 self-propelled howitzers were sent for approval.
It is noted that the decision on deliveries is approved by the Federal Security Council, which is headed by the chancellor. So far, Scholz has not agreed to direct deliveries of heavy weapons to Ukraine.
The cost of used Leopard 1A5 tanks, which can be delivered to Ukraine, is about EUR 115 million. Together with Marder BMPs and self-propelled howitzers, the amount of heavy weaponry aid to Ukraine could amount to more than EUR 2 billion.

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BRITAIN TO CUT UKRAINE TARIFFS TO ZERO

All tariffs on goods coming to Britain from Ukraine under an existing free trade deal will be axed to help the Ukrainian economy, the British government announced on Monday.

London said tariffs would be reduced to zero and all quotas removed following a direct request from Ukraine’s President Volodymyr Zelenskiy, saying the move would provide a boost for Ukrainian businesses involved in key exports such as barley, honey, tinned tomatoes and poultry.

“We stand unwaveringly with Ukraine in this ongoing fight and will work to ensure Ukraine survives and thrives as a free and sovereign nation,” said British International Trade Secretary Anne-Marie Trevelyan.

Britain said currently the average tariff on Ukrainian imports was about 22%. It said the planned change had been offered on a non-reciprocal basis, but Kyiv was likely to match the British action

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PRESIDENT OF UKRAINE AND PRESIDENT OF TURKEY DISCUSSED THREATS TO WORLD FOOD MARKET

President of Ukraine Volodymyr Zelensky said that in a telephone conversation with Turkish President Recep Tayyip Erdogan, he discussed in detail the threat to the global food market due to the actions of the Russian Federation, which blocked the Ukrainian Black Sea ports.

“Had an important conversation with Turkish President Erdogan. About the situation in Mariupol and the need to evacuate civilians and the wounded, about the need for an immediate exchange of blocked Ukrainian military. We discussed the negotiation process with Russia, defense issues. We touched in detail on the threat to the world food market, provoked by Russia, which blocked our Black Sea ports,” Zelensky said in a video message on Monday morning.

He stressed that the rise in food prices has already reached a critical level in many countries, and this is just the beginning.

“If Russia does not seek peace, the issue of food security in many countries will turn into a matter of the physical survival of millions of people, and hence the stability of state systems. An increasing number of political leaders in the world are aware of this threat. Therefore, we expect more pressure on Russia,” he said. head of state.

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UKRAINE AND POLAND CREATE A JOINT LOGISTICS VENTURE TO INCREASE EXPORTS BY RAIL

Ukraine and Poland will create a joint logistics venture designed to dramatically increase the volume of rail transportation of Ukrainian exports to the EU and to world markets through Europe, Ukrzaliznytsia said on Saturday evening. The corresponding memorandum was signed on that day by the prime ministers of the two countries Denis Szmigal and Mateusz Morawiecki in Krakow.
Ukrzaliznytsia noted that the creation of such a joint venture is the answer of the railway workers to the challenges posed by Russia’s aggression to both countries. In particular, we are talking about the need to expand railroads for goods that cannot be delivered through ports blocked by the Russians and part of the railway network of Ukraine, which today no longer has links with Russia and Belarus.
“We started preparing the concept of a joint venture with our Polish colleagues as early as a week after the start of the war. Combining the experience and knowledge of Ukrzaliznytsia managers and Polish colleagues will allow us to formulate unique logistics proposals for the European and world market, which refuses Russian deliveries and Russian logistics,” the statement says. in the release of the words of the head of the board of the company Alexander Kamyshina.
The parties also agreed to work together to increase cargo transportation across the western border of Ukraine, jointly solving technical and organizational problems: various customs rules, the use of different railway lines, and the search for free rolling stock.

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UKRAINE AND POLAND TO STRENGTHEN COOPERATION IN RAILWAY SECTOR

Ukraine and Poland have signed a Memorandum on strengthening cooperation in the railway sector, Prime Minister Denys Shmyhal said. “I met with the great friend of Ukraine, Prime Minister of Poland Mateusz Morawiecki. We discussed the resumption of our country from the consequences of Russian aggression. We signed a Memorandum on strengthening cooperation in the railway sector. After Russia unleashed a full-scale war, Poland became a key logistics center for helping Ukraine. Particularly close cooperation takes place at the level of iron roads of the two countries, and such interaction should be strengthened,” Shmygal wrote on the Telegram channel.

According to him, the memorandum provides for the creation of a joint logistics venture between the two countries, which will dramatically increase the volume of rail transportation of Ukrainian exports to the EU and world markets through Europe.

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