Business news from Ukraine

Business news from Ukraine

PRESIDENT OF UKRAINE INVITES BIDEN TO VISIT UKRAINE

During a telephone conversation with U.S. President Joseph Biden on Sunday, President of Ukraine Volodymyr Zelensky invited him to pay a visit to Ukraine, according to the website of the Ukrainian head of state.
“I am convinced that your arrival in Kyiv in the coming days, which is decisive for stabilizing the situation, will be a powerful signal and will contribute to de-escalation,” Zelensky said.
During the conversation, they also talked about increasing the financial and energy stability of Ukraine against the backdrop of current challenges.
Zelensky said that the Ukrainian side understands all the current risks, ready for any development of the situation. “We will stop any escalation towards Ukraine. The capital of Ukraine, Kyiv, other cities of our state – Kharkiv and Lviv, Dnipro and Odesa – are safe and under reliable protection,” he said.
The President of Ukraine noted the steps taken by the U.S. and other partners that continue to provide effective support to Ukraine. “We expect that, among other things, it will help prevent the spread of panic,” Zelensky said.
He thanked Biden for U.S. support and noted the importance of providing effective security guarantees to Ukraine. “We are ready to discuss them in different formats,” Zelensky said, emphasizing that there can be no security in Europe without the security of Ukraine.

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MALT PRODUCTION IN UKRAINE IN JAN GROWS BY 11%

Malt production in Ukraine in January grew by 10.8%, to 18,600 tonnes.
Malt production in 2021 amounted to 218,500 tonnes, which is 19.5% less than in 2020.
At the same time, the year before last, its production decreased by 18% compared to 2019, to 275,000 tonnes.

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BLINKEN: SITUATION AROUND UKRAINE IN FOCUS OF UNITED STATES

Issues related to Ukraine and Russia’s actions continue to be in the focus of the United States administration, regardless of where its employees are, US Secretary of State Antony Blinken has said.
“That remains front and center in what we’re doing and indeed what I continue to do even as we’re heading to Australia,” Blinken told reporters accompanying him to Canberra aboard the plane.
“I’ve been on the phone during a chunk of this trip talking to various counterparts with some focus on Russia-Ukraine. I spent some time talking to National Security Advisor Jake Sullivan as well,” he said.
“And this is part of, as we’ve tabulated, with foreign counterparts something like 200-plus engagements just in recent weeks – phone calls, video conferences, in-person meetings, where we have been working to coordinate all of our partners in standing up to this Russian aggression directed toward Ukraine,” Blinken said.
“We have been engaged in a two-track strategy where we have, on the one hand, been pursuing diplomacy, but at the same time building up strong deterrence to dissuade Russia from taking aggressive action,” the US Secretary of State said.

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50% OF ADULT POPULATION IN UKRAINE VACCINATED AGAINST CORONAVIRUS

Half of Ukrainian adults have been vaccinated against coronavirus (COVID-19) disease, Prime Minister Denys Shmyhal has said.
“Some 50% of the adult population has already been vaccinated against COVID-19. Every second Ukrainian has received at least one dose of the vaccine. We must increase this figure,” he said at a government meeting on Wednesday.

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UKRAINE, POLAND PLAN A HIGH-SPEED RAILWAY COMMUNICATION BETWEEN CAPITALS

Germany has prepared a loan for Ukraine to develop projects in the hydrogen energy and plans to provide further financial assistance in this sector, German Foreign Minister Annalena Baerbock has said.
“We, like the EU, invest in many projects in Ukraine. Therefore, the last time I made it clear that with regard to hydrogen, we will implement projects together with German business. Therefore, we have prepared a financial loan and are planning further financial assistance in this sector, because we, as a partner, are on the side of Ukraine,” Baerbock said at a press conference with Ukrainian Foreign Minister Dmytro Kuleba in Kyiv on Monday.
In turn, Kuleba said that Ukraine and Germany agreed on concrete further steps in this area.
“We all know the subject of Nord Stream 2, but our countries do not live by it alone. We have a serious future that we want to create around renewable energy sources. In this regard, we paid special attention to projects in hydrogen energy, which should ideally connect our economies and be mutually beneficial for our states. We agreed on concrete further steps in this area,” the head of the Ukrainian Foreign Ministry said.

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