Business news from Ukraine

SCIENTIFIC COOPERATION BETWEEN CHINA AND UKRAINE MUST REACH NEW LEVEL – CHINESE AMBASSADOR

Chinese Ambassador to Ukraine Du Wei believes that Sino-Ukrainian cooperation in the scientific sphere should reach a new level. He stressed the importance of developing scientific, technical and innovative cooperation between the two countries. “At the moment, China’s development has entered a new era, so Sino-Ukrainian cooperation should also enter a new era,” he said during a solemn celebration of the Day of Science at the Ministry of Education and Science of Ukraine on Friday.
The Chinese envoy said development of scientific, technical and innovative cooperation is very important. During the event, the Cabinet of Ministers of Ukraine awarded prizes for the development and implementation of innovative technologies.
As reported, on May 11, the Cabinet awarded five government prizes of UAH 200,000 for the development and implementation of innovative technologies.

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UKRAINE AND SLOVENIA SIGN MEMOS OF COOPERATION IN ECONOMIC SPHERES

Representatives of Ukraine and Slovenia have signed two memorandums: the memorandum of understanding to strengthen economic cooperation and the memorandum of understanding in technical cooperation in the sphere of geodesy.
An Interfax-Ukraine correspondent has reported that after Ukrainian-Slovakian negotiations chaired by Ukrainian President Petro Poroshenko and Slovenian President Borut Pahor on Friday in Kyiv representatives of the delegations of the two countries signed the memorandum of understanding between the Economic Development and Trade Ministry of Ukraine and the Economic Development and Technologies Ministry of Slovenia on deepening economic cooperation.
The sides also signed the memorandum of cooperation and scientific and technical cooperation between the State Service of Ukraine for Geodesy, Cartography and Cadastre and the similar service of Slovenia.

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INTEGRATION OF UKRAINIAN POWER GRID WITH EUROPEAN NETWORK IS STRATEGIC DIRECTION OF COOPERATION

The harmonization of the Ukrainian power grid with the European Network of Transmission System Operators (ENTSO-E) is a strategic direction of cooperation between Ukraine and the European Union (EU) in the electricity sector, Director General of the Directorate-General for Energy of the European Commission Dominique Ristori said at a press conference in Kyiv on Friday. He said that for the merger of the power grids additional studies of static and dynamic stability are to be conducted and some technical measures are to be taken to ensure the full integration. Amendments to the market legislation and integration of the power grids should move as synchronously as possible.
As reported, in June 2017 Ukrenergo Head Vsevolod Kovalchuk signed an agreement on the conditions for the future integration of the energy systems of Ukraine and Moldova with ENTSO-E. In July the agreement came into force after it had been signed by the necessary number of European system operators.
The deadline for Ukraine’s fulfilling the requirements for accession to the united energy system of continental Europe is July 2022.
The document consists of three main parts: a catalog of requirements (unconditional fulfillment of which is necessary for making a decision on the merger of the power grids); a list of necessary additional research; and a road map.

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