Business news from Ukraine

TWO ISLAND-CLASS BOATS DONATED TO KIEV BY THE PENTAGON ARRIVE IN UKRAINE

Two American Island-type boats, which the United States has given to Ukraine as part of material-technical assistance, have arrived in Ukraine on board a cargo vessel, the Ukrainian Navy’s press service said.”Two Island-type boats, which have been given the names the Fastiv and the Sumy, arrived today, on November 23, on board the Ocean Grand vessel from Baltimore, Maryland, the U.S.,” the press service said.The Ukrainian Navy ensign will be hoisted on the Fastiv and the Sumy soon, after which they will begin performing their duties maintaining security in the Black Sea and the Sea of Azov under the command of Ukrainian crews, it said.A new group of Ukrainian sailors earlier took part in a passing out ceremony at a U.S. Coast Guard shipyard after taking a six-week training course to operate Island-type boats, the press service said.

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INDUSTRIAL PRODUCTION IN UKRAINE IN OCTOBER GROWS BY 1.4%

After a 0.7% decline in September in October 2021, industrial production in Ukraine returned to growth and grew by 1.4% compared to October 2020, the State Statistics Service reported on Tuesday.The authority said that, adjusted for the effect of calendar days, industrial production in October 2021 compared to October 2020 rose even more – by 2.2% versus a decline of 0.9% a month earlier.According to statistics, the increase in production was recorded in all sectors: in the extractive industry – by 0.6%, in the processing industry – by 0.4%, but the largest contribution came from the supply of electricity, gas, steam and conditioned air – 7.6%.The State Statistics Service said that compared with September this year, industrial production in the country increased 7.8%, and taking into account the seasonal adjustment it grew by 1.9%.Thanks to such indicators, in January-October of this year, the growth of industrial year-over-year remained at the level of 1.4%, including1.1% in the extractive industry, 1.5% in processing, and 1.7% in the supply of electricity, gas, steam and conditioned air.

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IMF PROVIDES UKRAINE ABOUT $ 700 MLN TRANCHE UNDER SBA PROGRAM

President of Ukraine Volodymyr Zelensky has thanked the IMF for allocating a tranche of $ 700 million to Ukraine under the Stand-By Arrangement.”Grateful to the IMF Board of Governors for the decision to complete the review of the Stand-By program on the allocation of a tranche of about $ 700 million. We’ll use these funds to support the financial system and combat COVID-19 consequences. The IMF program will be continued,” the president said on Twitter.

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STATE FOOD SERVICE PROVIDES CHINESE PARTNERS WITH LISTS OF APPLICANTS FOR EXPORT OF EDIBLE OIL

The State Service of Ukraine on Food Safety and Consumer Protection has submitted to the Chinese side the lists of Ukrainian producers of vegetable oil exporting it to China for approval, this measure is due to the requirement introduced in the PRC to register foreign food producers.The changes in the procedure for the export of food products that occurred in the national legislation of the PRC in October this year were reported on the website of the State Food Service.The agency clarified that, together with the Ukroliyaprom association, it collected and submitted information about Ukrainian exporters of vegetable oil for consideration by the Chinese side.The service clarified that China will complete the registration procedure and form a list of vegetable oil exporters by the end of 2021.The agency stressed that it is working on opening the Chinese market for poultry, eggs and egg products, wheat, rapeseeds, sorghum, peas and beans, cherries, wheat flour, soybean meal, apples, blueberries, etc.As reported, in January-July 2021, China imported Ukrainian agricultural products for $2.4 billion, India – for $947 million, the Netherlands – for $908 million, Spain – for $538 million. In total, the export of Ukrainian agricultural products for the seven months of 2021 increased by 6.7% compared to January-July 2020 – to $12.5 billion, imports – by 19.4%, to $4.19 billion.

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QUOTES OF INTERBANK CURRENCY MARKET OF UKRAINE (UAH FOR 1 RUB, IN 01.10.2021-30.10.2021)

Quotes of interbank currency market of Ukraine (UAH for 1 rub, in 01.10.2021-30.10.2021)

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QUOTES OF INTERBANK CURRENCY MARKET OF UKRAINE (UAH FOR €1, IN 01.10.2021-30.10.2021)

Quotes of interbank currency market of Ukraine (UAH for €1, in 01.10.2021-30.10.2021)

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