Business news from Ukraine

BULGARIA AND UKRAINE PLAN TO RESTORE COMMISSIONS ON ECONOMIC COOPERATION

Prime Minister of Ukraine Denys Shmyhal says that Ukraine is interested in deepening bilateral relations with Bulgaria and expects to consolidate efforts in this direction.
“The parties discussed issues of strengthening economic cooperation, military and technical cooperation, development of the transport and tourism industry,” the government’s press service said following a meeting between Shmyhal and Deputy Prime Minister for Judicial Reform, Bulgarian Foreign Minister Ekaterina Zaharieva.
The prime minister said that in 2019 the trade turnover between the countries exceeded $1 billion, therefore, in order to overcome the negative consequences of the pandemic and restore the volume of bilateral trade, it is worth joining efforts.
Shmyhal said that one of the important instruments of bilateral cooperation in the economic sector is the Joint Ukrainian-Bulgarian Intergovernmental Commission on Economic Cooperation.
“Unfortunately, the last time the commission was held ten years ago, and we must restore its work. The regular meetings of the commission will further increase the volume of bilateral trade and investment cooperation between our states,” the prime minister said.
Shmyhal and Zaharieva agreed to hold the Ukrainian-Bulgarian business forum in Sofia in 2021, and a meeting of the Joint Ukrainian-Bulgarian Intergovernmental Commission on Economic Cooperation is to be held within the forum.
In addition, during the meeting, the parties discussed the prospects for the development of the transport and tourism industry, which have been affected by the spread of coronavirus (COVID-19) disease.
Due to that, Shmyhal and Zaharieva agreed to create a joint intergovernmental working group on tourism development.
For his part, the prime minister noted the importance of launching an international checkpoint across the state border for ferry, passenger and freight traffic between the settlements of Orlivka (Ukraine) and Isaccea (Romania).
“This will help to increase the tourist flow and expand business contacts between our states and will improve direct road communication. It is also necessary to make efforts to sign an agreement, simplify the conditions for the carriage of goods in direct international railway ferry service port ‘Chornomorsk-Varna’ ferry complex,” he said.

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UKRAINE AND BULGARIA AGREE TO EXPEDITE OPENING OF UKRAINIAN CULTURAL CENTER IN SOFIA

Ukraine and Bulgaria have agreed to expedite the opening of the Ukrainian Cultural Center in Sofia and the Bulgarian secondary school in Odesa, Ukrainian Foreign Minister Dmytro Kuleba said.
“We are talking about more than 200,000 people and the largest Bulgarian community in the world. I want to state very clearly now that Ukrainian Bulgarians are part of the national wealth of Ukraine and an integral part of our society. We agreed with the colleague that we will resolve in a constructive spirit all issues related to education, both with the Ukrainian language in Bulgaria and the Bulgarian language in Ukraine. And today, in order for this process to become very practical, we have agreed and accelerate the opening of the Ukrainian Cultural Center in Sofia and the Bulgarian High School in Odesa,” said Kuleba at a joint briefing with the Bulgarian Foreign Minister in Kyiv on Thursday.
Kuleba also thanked Bulgaria for being a reliable friend and partner of Ukraine on the way to EU and NATO membership.
Earlier, Minister of Foreign Affairs of Ukraine and Deputy Prime Minister, Minister of Foreign Affairs of Bulgaria Ekaterina Zakharieva also laid flowers at the Wall of Memory at the St. Michael’s Golden-Domed Cathedral, honoring the memory of the soldiers who died, defending the sovereignty and territorial integrity of Ukraine.

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CITIZENS OF UKRAINE CAN FLY ON VACATION TO BULGARIA, TURKEY, EGYPT, ALBANIA, MONTENEGRO AND CROATIA

As of July 29, Ukraine can freely fly on vacation to the following six countries: Bulgaria, Turkey, Egypt, Albania, Montenegro and Croatia, Minister of Infrastructure Vladyslav Krykliy said on his Telegram channel on Wednesday.
He said that it is possible to get to Bulgaria only if there is a negative test for coronavirus (COVID-19) disease, made within 72 hours before arrival. In order to get to Croatia the travelers have to show mandatory negative PCR test at entry, made within the last 48 hours. He said that after visiting Montenegro, a 14-day self-isolation upon arrival in Ukraine is required.
According to the minister, entry and return to Turkey, Egypt and Albania are without restrictions.
Krykliy also said that a PCR test can be done before departure, right at the airport, namely, at Boryspil, Lviv and Odesa airports, as the PCR laboratories have been installed for quick testing.
“The data on entry changes every day depending on the epidemiological situation in the countries. Therefore, be sure to check the information before traveling,” he also said

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ALBANIA, CZECH REPUBLIC, BULGARIA ENTER LIST OF ‘RED ZONE’ STATES

The Health Ministry of Ukraine has released an updated list of states of the so-called ‘red zone’, after which it is necessary to undergo an obligatory observation or PCR-testing.
The ‘red zone’ includes the countries, where the incidence rate exceeds 40 per 100,000 of population.
The list still includes French Guiana, USA, Panama, Armenia, Oman, Belgium, Peru, Bahrain, Bolivia, Brazil, Honduras, Kuwait, Sao Tome and Principe, South Africa, Qatar, Saudi Arabia, Dominican Republic, Northern Macedonia, Ecuador, Israel, Moldova , Equatorial Guinea, Russia, Cape Verde, Gabon, Colombia, Portugal, Chile, Belarus, Guatemala, Turks and Caicos Islands, Argentina, United Arab Emirates, Montenegro, Kazakhstan, France, Palestine, Bosnia and Herzegovina, Kyrgyzstan, Azerbaijan, Seychelles, Luxembourg, Mayotte, Costa Rica, Canada, Singapore, Iraq, Mauritania, CAR, Maldives, Mexico, Bangladesh, Egypt, Guinea-Bissau, El Salvador, Pakistan.
Besides, Eswatini, Albania, Bulgaria and Czech Republic were also added to that list.
Suriname, Antigua and Barbuda, Haiti switched from the ‘red zone’ to the ‘green one’.
Ukraine also in the ‘red zone’ with 62.4 per 100,000 population.

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UKRAINE AND BULGARIA AGREE TO INTENSIFY COOPERATION

Ukrainian Foreign Minister Dmytro Kuleba and Bulgarian Deputy Prime Minister for Judicial Reform, Foreign Minister Ekaterina Zakharieva agreed to step up bilateral cooperation, the Ukrainian Foreign Ministry said.
“The two focused on urgent issues of the development of Ukrainian-Bulgarian relations in the political, economic and consular spheres, as well as the problems of protecting national minorities,” the Ukrainian Foreign Ministry said on its website on Tuesday.
Kuleba and Zakharieva also discussed measures taken by the governments of both countries to counter the spread of coronavirus. The Minister of Foreign Affairs of Ukraine thanked the Bulgarian counterpart for the decision made by the Bulgarian government to provide humanitarian assistance to Ukraine in the form of protective equipment for Ukrainian doctors.
The foreign ministers exchanged invitations to pay bilateral visits.

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SOPHARMA FROM BULGARIA INCREASES SALES IN UKRAINE BY 35%

Sopharma AD pharmaceutical company in January-June 2019 increased sales in Ukraine by 35% compared to the same period in 2018.
The company reported that, in general, in the first half of 2019, revenue from the sales to European countries rose by 13% compared with the first half of 2018.
The main reasons for sales growth in Europe are higher sales in Ukraine, as well as in Russia, where sales in January-June grew by 7%.
As reported, in 2014 Sopharma reduced sales in Ukraine by 37%, but in 2017 the company expressed confidence in the resumption of sales growth in Ukraine.
In Ukraine, Sopharma AD has been controlling PJSC Vitamins since January 2008, and in August 2012 it established the subsidiary Sopharma Ukraine LLC (Kyiv) to optimize trading business.

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