Business news from Ukraine

Zelenskyy: it is necessary to work on decentralization of energy sector

Ukraine needs to strengthen protection of energy facilities before the next heating season and carry out work to decentralize the energy sector, Ukrainian President Volodymyr Zelensky said in a video address on Sunday.
“We are working through all scenarios and will do everything to approach the next winter ready for any threat. In six months, our power engineers, officials, the security and defense sector and everyone involved in the relevant tasks must do absolutely specific things,” he said.
According to the president, it is necessary “to strengthen the protection of power facilities, to restore the infrastructure that has been destroyed by Russian strikes in the past six months, to give more opportunities to our people under the power system decentralization project, so that people can generate and supply electricity on their private territory, on their private facilities. This is a big job; it has already begun.

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President Zelenskyy urged French business to invest in food industry of Ukraine

Ukrainian President Vladimir Zelensky has called on French business to invest in the Ukrainian food industry.
Speaking by video link at the “Solidarity with the Ukrainian People” conference in Paris on Tuesday, Zelensky recalled that this year “through joint efforts we managed to stop the unfolding of the global food crisis.”
“We have already exported more than 13 million tons of grain. Thanks to our Grain from Ukraine initiative, we will help the poorest countries,” he said.
“But we also send humanitarian cargo to export, mostly raw materials, and we can send processed products. Right now there is a need to build a whole industry that will be export-oriented and definitely have consumers, and definitely give profit,” Zelensky said.
It would be right, he said, “if French business has already assessed the prospects and came to Ukraine. The same is in the energy, machine building, defense industry, transport and other industries.

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President of Ukraine Volodymyr Zelensky says that neither he nor Ukrainian Foreign Minister Dmitry Kuleba were invited to a meeting in Ankara on June 8, which will, in particular, consider the issue of Black Sea shipping and which will be attended by the Minister of Foreign Affairs RF Sergey Lavrov.
“I was not invited. The Minister of Foreign Affairs has not been invited to date,” Zelensky said during a conversation with reporters on Monday, answering a related question.
According to him, he discussed with Turkish President Recemop Tayyip Erdogan, among others, the issue of mediation by the Turkish side in unblocking Ukrainian ports.
“For us, it is important that we are ready to produce grain… For us (important – IF) that there is a safe corridor of ships – that this or that fleet of this or that state will ensure the export of this grain to us. That’s all. And here we talked both with Britain and Turkey. Turkey is now finding a format to give us guarantees… I think because of this they are meeting with the Russians so that Russia will give Turkey guarantees that nothing will happen to their ships. I think so. But, however, the details of their meeting are unknown to me yet,” Zelensky said.
The President also said that negotiations on the export of grain are being held with the UN, as well as with the Baltic countries and Poland – on the export of some volume by rail, but this direction is not a priority due to the long delivery times. Through Odessa ports, according to him, Ukraine can export 10 million tons of grain monthly. “If now we have 22-25 million tons blocked there, but in the fall we may already have 75. What are we going to do? Therefore, we won’t be able to do without ports,” Zelensky stressed.
When asked under what conditions Ukraine can go for demining the coast of Odessa ports and who should be the guarantor for the Ukrainian side to do this, he replied: “I consider the strongest guarantee is our appropriate weapons that will be deployed in the region, the unblocking of another corridor to the port for the export of grain”.
“We are working on this with specific states, with specific anti-ship systems. We are working and are already getting a little, I can already state. I think this is the best guarantee,” Zelensky added.

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Ukrainian President Volodymyr Zelenskyy met with Speaker of the US House of Representatives Nancy Pelosi in Kyiv on May 1, the press service of the President’s Office reported.
“I am grateful to you for this signal. A signal of strong support for Ukraine from the people of the United States, Congress, bipartisan support. This indicates that the United States is the leader in supporting Ukraine during the war against Russian aggression, and I want to thank you for being help Ukraine defend its sovereignty and territorial integrity,” the President said.
Zelensky noted the importance of US President Joseph Biden’s appeal to Congress on providing financial assistance to Ukraine in the amount of $33 billion.
Pelosi noted that today Ukraine is fighting heroically for freedom, and the United States is ready to help Kyiv until this fight is over. According to her, Ukraine is the border of freedom.
For a significant personal contribution to strengthening Ukrainian-American interstate cooperation, support for a sovereign, independent and democratic Ukraine, Zelensky awarded Pelosi the Order of Princess Olga.
As Serhiy Leshchenko, a member of the Ukrzaliznytsia Supervisory Board, specified, four congressmen visited Kyiv together with the Speaker of the House of Representatives: Gregory W. Meeks, head of the International Affairs Committee, Jason Crow, Jim McGovern and Adam Schiff, who, as head of the House Intelligence Committee, led the impeachment of Donald Trump.