Business news from Ukraine

Business news from Ukraine

UKRAINE, TURKEY MAKE AGREEMENT ON FTA

Ukraine and Turkey will reach an agreement on signing an agreement on a free trade area (FTA) in the next two days, President Volodymyr Zelensky has said.
“We are getting ready to give a powerful economic signal, to sign an FTA agreement with Turkey already within these two days. Our groups are working. I am sure that we will agree,” he said, speaking at the Verkhovna Rada on Tuesday.

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CITIZENS OF UKRAINE TRAVELING TO GERMANY MUST MEET REQUIREMENTS FOR ELECTRONIC REGISTRATION AND QUARANTINE

Since Sunday, January 30, Ukraine has been included in the list of high-risk countries for Germany, the Ukrainian Embassy in Germany said. “This means that Ukrainian citizens are required to comply with the requirements for electronic registration and quarantine. For example, travelers from Ukraine must register at www.einreiseanmeldung.de and have a confirmation of registration before arriving in Germany,” the Ukrainian embassy said in a Facebook statement on Sunday.
If you enter Germany with a previous stay in a high-risk area or in an area with different strains of coronavirus during the last ten days, you must go directly to the destination immediately after entering Germany, to carry out home isolation (quarantine).
The embassy explained that after staying in the high-risk zone, visitors must carry out home isolation for ten days, after staying in the zone with different strains of coronavirus – 14 days. During the quarantine it is not allowed to leave the house or apartment and receive guests.
“Fully vaccinated citizens of Ukraine can enter Germany without urgent need. The above general rules of entry apply to this category of persons. Vaccination must be performed with one of the vaccines listed on the website of the Paul Ehrlich Institute. Vaccination with the last required dose must be at least 14 days before entry,” the embassy said.
More information can be found on the website of the Federal Interior Ministry.
Unvaccinated citizens of Ukraine can enter Germany, if necessary, by providing either a negative test result or a certificate of recovery. The list of relevant conditions is posted on the website of the Federal Minister of the Interior.
This requirement applies to persons over six years of age.
“The COVID-19 test (antigen test or PCR test) must be completed a maximum of 48 hours before the (scheduled) time of entry. In case of arrival by transport of the carrier company (for example, airline), the PCR test is allowed to pass at least 48 hours before (planned) moment of the beginning of transportation (for example, time of departure); the antigen test is also allowed to take place a maximum of 48 hours before the (scheduled) start of transportation, if it is carried out by the carrier,” the statement said.
However, if the trip is planned by plane, it is recommended to follow the requirements of individual airlines.

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ZELENSKY THANKS BRANSON FOR SUPPORTING UKRAINE

President of Ukraine Volodymyr Zelensky thanked businessman Richard Branson and representatives of world business for supporting the Ukrainian state.
“Grateful to Richard Branson and the global business community for supporting Ukraine. Innovative businessmen best understand the key vectors of human development. Hence, their call to unite and defend Ukraine’s sovereignty, in particular, by imposing sanctions on the aggressor, is crucial,” Zelensky said on Twitter last week.
A day earlier, Branson said that in Twitter that “for business leaders, this is the moment to come together and stand up for Ukraine’s sovereignty,” and also published a link to his article “My thoughts on Ukraine and Russia” in which he repeated this thesis. “For business leaders, this is the moment to come together and stand up for Ukraine’s sovereignty. Even if it comes at a price, all of us should send a clear message that unilateral aggression is always unacceptable and that the global business community will support the full range of sanctions against any nation that seeks to violate the sovereignty of another,” he said.
The businessman also said in the article that “Business leaders all over the world have been watching the build-up of Russian troops and equipment at the Ukrainian border with great concern” and that any war between Russia and Ukraine will have devastating and terrible consequences, primarily for the civilian population on both sides, and further isolates Russia.
“But never in recent years has there been a greater risk of an all-out war on European soil – a war that, like so many before it, does not serve a just or legitimate objective. (It is hard for any of us to hide our exasperation at this point. In 2022, what on earth is one country doing amassing tanks at another country’s borders?” Branson said.

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ZELENSKY: UKRAINE NEEDS $4-5 BLN TO STABILIZE ECONOMY

Ukraine will spend at least $4-5 billion to stabilize the economic situation, President Volodymyr Zelensky has said.
“To stabilize our economy, we will spend about $4-5 billion. I do not count on a smaller figure, this is the amount we need,” Zelensky said at a briefing with foreign media representatives in Kyiv on Friday.
The President said that the West, providing Ukraine with funding and assistance, gives an appropriate signal of support for the country.
“But the question is still not in the amount, but in the fact that they believe in the economy of Ukraine and send the appropriate signals,” Zelensky said.

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