Business news from Ukraine

Business news from Ukraine

Trump hopes for an agreement between Zelenskyy and Putin before winter

U.S. President Donald Trump said that he hopes an agreement between Ukrainian President Volodymyr Zelenskyy and Kremlin leader Vladimir Putin will be reached before the onset of the harsh winter.

“But you know what I want from Zelenskyy? I want him to make a deal. I want him to reach an agreement with Putin, and I want Putin to reach an agreement with him,” Trump said while speaking with journalists.

Asked by a journalist about Patriot missiles, Trump noted that he had spoken with Zelenskyy a lot, but did not give a specific answer to the question.

“I have spoken with him a lot; the process is moving forward, Putin is acting too, and one day — I hope in the not-too-distant future, perhaps even before the onset of the harsh winter — they will reach an agreement,” Trump emphasized.

As reported, Ukrainian President Volodymyr Zelenskyy earlier emphasized that during a meeting in New York on the sidelines of the UN General Assembly, U.S. President Donald Trump said that Ukraine would receive licenses to manufacture Patriot missiles.

“President Trump, during his last meeting with me, emphasized that ‘yes, I have made a final decision — Ukraine will receive licenses to manufacture Patriot missiles,’” the president said at the time.

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Zelenskyy Announced “Ukraine-Europe-U.S.” Meeting in Near Future

A meeting involving representatives from Ukraine, the U.S., and Europe is set to take place in the near future, Ukrainian President Volodymyr Zelenskyy said following a meeting with Steve Witkoff and Jared Kushner, representatives of U.S. President Donald Trump.

“We agreed that Ukraine, Europe, and the U.S. will meet in the near future. I don’t know where the meeting will take place. Perhaps in Ukraine again,” Zelenskyy said at a press conference in Kyiv.

The president noted that the American delegation’s visit worked for Kyiv “like a Patriot” and emphasized Ukraine’s need for it.

According to him, during the meeting, the parties discussed the challenges facing Ukraine on the eve of winter and a possible winter aid package.

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Presidents of Ukraine, Moldova, and Romania Will Hold Trilateral Meeting in Chisinau

Ukrainian President Volodymyr Zelenskyy, Moldovan President Maia Sandu, and Romanian President Nicușor Dan will hold a trilateral meeting in Chisinau on Thursday, August 27, as part of the events marking the 35th anniversary of Moldova’s independence.

According to the schedule released by the Romanian Presidential Administration, the trilateral meeting between Zelenskyy, Sandu, and Dan is scheduled for 6:45 p.m. at the Presidential Palace in Chisinau. Following the talks, the three heads of state will make joint statements to the press.

The official program from the Moldovan side states that Sandu will meet with the Romanian president at 2:35 p.m. After bilateral talks, Sandu and Dan will take part in a military parade on the Great National Assembly Square, dedicated to the 35th anniversary of the country’s independence. The presidents are scheduled to begin their participation in the parade at 4:45 p.m.

The Moldovan president will meet with Zelenskyy at 6:00 p.m., followed by a trilateral meeting of delegations from Ukraine, Moldova, and Romania.

In the evening, Zelenskyy, Sandu, and Dan will also take part in festive events on the Great National Assembly Square. After 9:00 p.m., the three presidents are scheduled to address the public.

On August 27, Moldova celebrates the 35th anniversary of the declaration of independence. The country’s parliament adopted the Declaration of Independence on August 27, 1991. This year’s events are taking place under the slogan “Independence Unites Us.”

Official source: Office of the President of the Republic of Moldova, statement dated August 26, 2026.

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Zelenskyy Accepted Letters of Credence from Newly Appointed Ambassadors of Bulgaria, Estonia, India, and Germany

Ukrainian President Volodymyr Zelenskyy accepted letters of credence from the newly appointed ambassadors of Bulgaria, Estonia, India, and Germany and congratulated them on the start of their missions in Ukraine.

“He discussed diplomatic efforts to bring about peace and the importance of supporting Ukraine amid intensified Russian shelling and preparations for winter,” according to the president’s Telegram channel.

According to reports, they discussed shared priorities: the development of trade and economic relations and specific areas of cooperation—“everything that can make our nations stronger.”

“I am grateful to all partners who are truly helping Ukraine,” Zelenskyy emphasized.

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Zelenskyy Will Make His First Official Visit to Serbia Tomorrow

According to “Serbian Economist”, Ukrainian President Volodymyr Zelenskyy will pay an official visit to Serbia on August 8 and meet with Serbian President Aleksandar Vučić in Belgrade. The Serbian president’s press service has officially confirmed the visit. This will be Zelenskyy’s first visit to Serbia during his presidency.

A detailed agenda for the talks has not yet been published. However, judging by the contacts between Belgrade and Kyiv in recent months, the central topics are likely to include bilateral relations, the European integration of both countries, the expansion of economic cooperation, a possible free trade agreement, regional security, and Serbia’s participation in Ukraine’s reconstruction.

In May, Zelenskyy and Vučić had already discussed the development of bilateral relations over the phone. At that time, the Ukrainian president placed particular emphasis on resuming negotiations on a free trade zone with Serbia. Vučić, for his part, cited economic cooperation as one of the key areas for further rapprochement between the two countries.

Following this, talks between representatives of the two countries’ governments took place in Belgrade. On May 21, Serbian Minister of Domestic and Foreign Trade Jagoda Lazarević and Ukrainian Deputy Prime Minister and Trade Representative Taras Kachka signed a joint statement on the continuation of negotiations on a free trade agreement. At the same time, a Serbian-Ukrainian business forum was held with the participation of representatives from about 30 companies.

The upcoming visit continues a noticeable revival of political contacts between Belgrade and Kyiv.

In June 2025, Vučić visited Ukraine for the first time since the start of the full-scale Russian-Ukrainian war, taking part in the “Ukraine–Southeast Europe” summit in Odesa. At that time, he reaffirmed Serbia’s support for Ukraine’s territorial integrity and offered Serbia’s participation in the reconstruction of one or more Ukrainian cities or regions.

On July 15, 2026, Vučić was in Ukraine again—for the 5th “Ukraine–Southeast Europe” summit in Kyiv.

At the same time, Serbia’s position on the war remains unique. Belgrade supports Ukraine’s territorial integrity and has voted in favor of a number of relevant international documents, provides humanitarian aid, but has not joined the EU sanctions against Russia. Vucic has also repeatedly avoided signing certain regional declarations insofar as they called for increased pressure on Moscow.

Therefore, the very fact of the Ukrainian president’s visit to Belgrade carries political significance: Serbia is attempting to simultaneously maintain traditional relations with Russia, develop relations with Kyiv, and continue its path toward EU membership.

Another topic of discussion could be the new regional Carpathian Initiative proposed by Ukraine. Zelenskyy has previously stated that Serbia, in particular, is planned to be involved in the initiative, and cooperation could cover the economy, logistics, security, tourism, and Ukraine’s reconstruction.

The economic aspect of the visit is particularly relevant against the backdrop of the resumption of bilateral trade.

According to official data from the Serbian Ministry of Foreign Affairs and the country’s Statistical Office, trade between Serbia and Ukraine totaled 391.8 million euros in 2025. Serbia exported goods worth 179.6 million euros to Ukraine and imported Ukrainian products worth 212.2 million euros. Thus, the trade balance remained in Ukraine’s favor by approximately 32.6 million euros.

In dollar terms, according to Marko Čadež, president of the Serbian Chamber of Commerce and Industry, bilateral trade reached $442.2 million, practically returning to the level of the last pre-war year, 2021. Serbian exports totaled $202.9 million, while Ukrainian exports to Serbia amounted to $239.3 million. About 900 Serbian companies conduct trade with Ukraine, including approximately 670 that import Ukrainian goods.

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Vucic Reaffirmed Serbia’s Commitment to EU and Expressed Hope for Visit by Zelenskyy

According to Serbian Economist, Serbian President Aleksandar Vucic reaffirmed that the country’s accession to the European Union remains Belgrade’s strategic goal and expressed hope to host Ukrainian President Volodymyr Zelenskyy on a bilateral visit.

Vucic made these remarks in an interview with Rainer Novak, editor-in-chief of the Austrian newspaper Die Presse, published on July 23.

“The European path is our strategic goal. There are no other paths for us. This means that we must cooperate closely with all candidate countries,” said the Serbian president.

According to him, it is in the European Union that he sees his country’s future.

Speaking about relations with Ukraine, Vučić stated that he sees no reason to abandon cooperation with Kyiv. He reiterated that Serbia supports Ukraine’s territorial integrity and provides it with financial, medical, energy, and humanitarian aid.

“I hope we will be able to welcome him to Serbia on a bilateral basis,” said Vučić, referring to Zelenskyy.

Vucic also announced that Serbia is ready to participate in the reconstruction of one of Ukraine’s smaller cities. In addition, the parties are discussing the development of a road and rail route from Trieste through Croatia, Serbia, Romania, and Moldova to Ukraine.

The Serbian president had previously reaffirmed his support for Ukraine’s sovereignty and territorial integrity, but did not sign the final declaration, which condemned Russian aggression and called for increased sanctions pressure on Moscow.

Commenting on criticism of cooperation with Kyiv, Vučić stated that Ukraine had not taken any action against Serbia and had not recognized Kosovo’s independence.

“We cannot oppose someone just because someone else opposes them. I see no reason why we should not cooperate with Ukraine,” he said.

At the same time, Vučić emphasized the need to take into account Serbia’s relations with Asian countries and Russia and reaffirmed the country’s military neutrality.

Serbia was granted EU candidate status in March 2012, and membership negotiations began in January 2014. In recent years, the opening of new negotiation chapters has effectively stalled, despite Belgrade’s statements that it is ready to meet the technical criteria for membership.

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