Business news from Ukraine

Business news from Ukraine

Ukrcement, Ukrmetallurgprom, UkrFA and others ask Zelensky to restore employee reservations

The National Association of Extractive Industries of Ukraine, Ukrmetallurgprom, the Ukrainian Association of Ferroalloy Producers (UkrFA), the All-Ukrainian Union of Construction Materials Producers, and Ukrcement ask President Volodymyr Zelenskyy to instruct the ministries to promptly resume booking employees through the Diia portal.

“We understand and share the president’s desire to put things in order with the booking of workers. However, against the backdrop of questionable decisions by local authorities, the relevant ministries have also completely suspended the booking process,” the letter, which was seen by Interfax-Ukraine, reads.

Its authors recognize that the current reservation procedure is not perfect and contains certain flaws that allow companies that are not in fact critical enterprises to be granted the status of critical enterprises. However, in the associations’ opinion, it is primarily a matter of the possibility of obtaining such a status by decision of local state (military) administrations.

At the same time, the letter states, following a meeting held in early October and the Cabinet of Ministers’ decision to audit the decisions made on reservations, some ministries also suspended the reservation process, although it was declared that this decision did not apply to them. According to the associations, these ministries have completely suspended the processes of confirming the status of critical enterprises and booking employees for truly important enterprises that have already received this status from the relevant ministry. In addition, the possibility of booking employees through the Diia portal has been suspended until November 15.

“We are confident that your instructions were aimed at identifying risks and shortcomings for their further elimination, but were not intended to stop all processes of booking personnel for truly critical enterprises, which could completely stop the economy and lead to catastrophic consequences,” the letter says.

As reported, after the government’s protocol decision of October 8 to audit decisions on recognizing enterprises as critical to the economy, the booking process was effectively paralyzed, which caused protests from many business associations.

On October 22, the government introduced the possibility of repeated audits of companies’ compliance with the criteria of critical importance “if necessary.” The document stipulates that these inspections are to be conducted by the same authorities that initially granted the companies the status of critical. The result of such an audit may be that the company does not meet the criteria of a critical enterprise and that its status is revoked. The authorities must provide a copy of the decision based on the results of the re-inspection to the Ministry of Economy, the Ministry of Defense (the SBU, the Foreign Intelligence Service, the intelligence agency of the Ministry of Defense) and the Ministry of Digital Transformation within one day.

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Zelenskyy and Plenkovych met with Ukrainian children recuperating in Croatia

In Dubrovnik, Ukrainian President Volodymyr Zelensky and Croatian Prime Minister Andrei Plenkovic met with Ukrainian children recuperating in Croatia, the press service of the head of state reported.
“Very pleased to be here today. Thanked the Prime Minister’s team for supporting our Ukrainian children, whose parents are heroes of our state, because they defend Ukraine. And there are, unfortunately, those who will remain in our hearts, in history, because they gave the most precious thing – life. We are very grateful to them. And none of us will never forget them,” – said Zelensky.
Currently, 90 Ukrainians are on vacation in the city of Split. All of them are children of soldiers of Kyiv region. Recuperation lasts 10 days and takes place within the framework of the program of the Embassy of Ukraine in Croatia for children of military men. The recreation is financed by the fund of the Honorary Consul of Ukraine in Croatia Ivica Piric. In total, more than 800 children have been able to undergo such recuperation since the beginning of the year.
“I am very glad that Croatia helps our Ukrainian children. Such assistance is very important. Such recreation allows us to support our children so that they smile. I can see it,” Zelensky noted.
Plenkovic added that the Ukrainian president’s visit to Croatia is related to the third summit “Ukraine – Southeast Europe”.
“We are here today to support Ukraine, your people and your president in the fight for your territorial integrity. We very much appreciate the heroism of your parents, with which they have been defending your state for two and a half years,” the Croatian Prime Minister said.
Zelenski and Plenkovic gave the children presents, and the children gave them flags with their signatures.

 

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Zelensky signs law “On Grapes, Wine and Viticulture Products”

President of Ukraine Volodymyr Zelenskyy has signed the European integration law No. 3928-IX “On Grapes, Wine and Viticulture Products,” the press service of the Verkhovna Rada Committee on Agrarian and Land Policy reports.
According to the report, the law was adopted to bring the norms of sectoral legislation in line with the requirements of international rules for the production of viticulture and winemaking products, as well as to implement the provisions of the European Union’s regulations on viticulture and winemaking, oenological practices, production of flavored wine products, use and protection of geographical indications of wines, flavored wine products, and control in this area.
The document provides for the introduction in Ukraine of requirements for the production and circulation of wines, viticulture and winemaking products, and flavored wine products with geographical indications similar to current rules in the EU.
In addition, the law provides for the definition of a mechanism for the protection of geographical indications in Ukraine, the introduction of new terms and definitions in accordance with the categories of European legislation, and the implementation of the rule on labeling and presentation of wine products.
The document establishes the principles for conducting inspections of wine production from the vineyard to the final product, defines controlling institutions and their powers, and specifies sanctions for violations of the requirements established by law.
Ukraine will create a unified state information system, the Viticulture and Winemaking Register, and provide for the possibility of state support for viticulture and winemaking.
It is expected that the law will help provide citizens with high-quality products produced in accordance with international rules with special properties due to the natural conditions of the territory of origin. New jobs and favorable conditions for the development of business entities of all forms of ownership will be created in rural areas.
The law will come into force on January 1, 2026.

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Zelensky and Trump meet in New York

President of Ukraine Volodymyr Zelenskyy has begun a meeting with Republican presidential candidate Donald Trump in New York, Voice of America reports.
Zelenskyy is on a visit to the United States, where he has already met with Democratic presidential candidate Kamala Harris.

 

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Modi invited Zelensky to visit India

Indian Prime Minister Narendra Modi has invited Ukrainian President Volodymyr Zelensky to visit India “on a mutually convenient occasion,” the relevant 32nd paragraph concludes the joint statement of Ukraine and India following the prime minister’s visit to Kiev.
“It is quite natural that on such occasions he (Modi) extends an invitation, which he did in this case. So we expect that the moment it suits him, President Zelensky will visit India,” Indian Foreign Minister Subramanyam Jaishankar commented on the invitation at a press briefing in Kiev on Friday.
As reported, Indian Prime Minister Narendra Modi met with Ukrainian President Volodymyr Zelensky in Kiev on Friday. This is the first visit of an Indian prime minister to Ukraine since the latter gained independence in 1991.

 

 

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Indian Prime Minister Narendra Modi to visit Ukraine in August

Indian Prime Minister Narendra Modi is expected to pay a historic visit to Ukraine in a few weeks, according to Sidhant Sibal, chief diplomatic correspondent for the Indian publishing house WION, citing his own sources in New Delhi. This visit, which is currently being prepared, is tentatively scheduled for the third week of August, probably on the 23rd.

Earlier this year, Ukrainian President Volodymyr Zelenskyy personally invited the Indian leader to visit the country during a phone conversation. Since then, the two countries have been holding active high-level talks. Indian Foreign Minister Subramanyam Jaishankar and his Ukrainian counterpart Dmytro Kuleba discussed bilateral relations. National security advisors from both countries, Ajit Doval from India and Andriy Yermak from Ukraine, also held talks.

In June, Prime Minister Modi met with President Zelenskyy on the sidelines of the G7 summit in Italy. Discussing the current situation in Ukraine, the Indian leader emphasized the need for dialogue and diplomacy, stressing that India is ready to support a peaceful resolution of the conflict.

This visit will be the first personal contact between the two leaders since the beginning of the war, outside the format of the G7 summits. Prime Minister Modi may travel to Ukraine via Poland, and is likely to hold talks with the Polish leadership before traveling to Kyiv.

Prime Minister Modi’s visit to Ukraine comes almost two months after he traveled to Russia for the annual Russian summit, during which the war in Ukraine was also discussed. During his talks with Putin, Prime Minister Modi expressed regret over the deaths of innocent people and children at the Okhmatdyt hospital.

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