Business news from Ukraine

UKRAINE EXTENDS EXEMPTION FROM DUTIES ON GOODS NEEDED TO PREVENT COVID-19

The Cabinet of Ministers of Ukraine at a meeting on Wednesday extended the decree that exempts the list of goods necessary to prevent coronavirus (COVID-19) from duties.
According to the text of the relevant decree, released on the government portal, the new document also envisages the inclusion of test systems for the qualitative detection of antibodies and an automatic station for the extraction of ribonucleic acid in the list of goods to prevent COVID-19 disease.

FARMAK PHARMACEUTICAL COMPANY EXPORTS TO EU MEDICATION FOR ARTIFICIAL LUNG VENTILATION OF COVID-19 PATIENTS

PJSC Farmak pharmaceutical company (Kyiv) in April-July exported to the EU propofol, a medication that is used for artificial lung ventilation of patients with coronavirus (COVID-19), worth more than $635,000,
The company told Interfax-Ukraine that due to the shortage of this medication in the EU and its active use for treatment of COVID-19 patients the supplies of the medication were carried out without its registration at the EU’s profile agency, which is a mandatory condition for sale of drugs in Europe.
“Such an exclusion is connected with the crisis, and at the same time it shows the level of confidence in Ukrainian manufacturers and quality of their products,” the company said.

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55% OF UKRAINIANS DO NOT TRUST OFFICIAL DATA ON COVID-19

More than half of Ukrainians do not trust the data of the Ministry of Health on the situation with the incidence of coronavirus (COVID-19) in Ukraine, considering these data to be either overstated or understated. This is according to the data of a common sociological study conducted by Active Group and Club of Experts companies, the results of which are available to Interfax-Ukraine.
According to the study conducted on July 10-12 by telephone interview, in particular, 34.2% of respondents do not trust the official data, since, in their opinion, the statistics of the Ministry of Health on the number of COVID-19 cases is overstated.
Another 20.5% of respondents do not trust the official statistics, considering it understated.
Some 18.6% of respondents fully trust the official data and some 14.9% partially.
According to the study conducted in early July, some 34.8% of respondents said that lockdown restrictions did not change their work in any way, while according to the study conducted in April, only 18.3% of respondents said that lockdown did not affect to their work.
The study was conducted throughout Ukraine, with the exception of the temporarily occupied territories and the Autonomous Republic of Crimea, based on a representative sample. The study involved 1,000 respondents.

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PRESIDENT ZELENSKY SIGNS LAW SUPPORTING CREATIVE INDUSTRY IN RELATION TO COVID-19

President Volodymyr Zelensky signed the law on amendments to certain Ukraine’s legislative acts on government support of culture, creative industries, tourism, small and medium businesses due to the restrictive measures related to the spread of coronavirus (COVID-19) disease.
“Creative industries, cultural institutions are among those which suffered most from lockdown. After all, their activities have stopped almost completely and now they live in total uncertainty. These are entire sectors of the economy that are now on the brink of survival. They also pay taxes and provide people with jobs, therefore, need no less support than traditional business sectors,” the head of the state said during signing the document.
The Verkhovna Rada of Ukraine adopted law No. 692-IX at second reading on June 16. It was supported by 343 MPs. The document establishes a reduction in property rental fees at the request of the tenant of a cultural institution engaged in entrepreneurial activity using this property, for the entire time that it could not be used.
The document also provides additional opportunities for radio by simplifying procedures by amending the law of Ukraine on advertising.
It is important that the document also stipulates the government support for cinematography in the form of providing a government grant for the development of film projects. It is noted that for national fiction, animated, documentary films, films for children (including artistic and cultural significance), films of artistic and cultural significance (copyright), television films, series and debut films, it can be up to 100% of total estimated cost inclusive.
Amendments are also being made to the law of Ukraine on the rental of state-owned and communal property in order to normalize the provision of paid services in the field of culture and arts by cultural institutions.

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INDIA DONATES TO UKRAINE BATCH OF ANTIVIRAL DRUGS TO TREAT COVID-19

India has donated 50,000 capsules of the OMVIR antiviral drug, which is used to treat patients with COVID-19, as humanitarian aid to Ukraine, the Ministry of Health reports.
According to the report, these medications will be enough to treat about 5,000 patients.
“Ukraine is very grateful for the humanitarian aid of 50,000 capsules of the OMVIR preparation. This drug is included in the domestic treatment protocol and our hospitals, identified as supporting in the fight against COVID-19, are very interested in receiving it. This lot is enough to treat about 5,000 patients,” Ihor Ivaschenko, the Deputy Minister of Health for European Integration, said.
Ambassador of India to Ukraine Partha Satpathy noted that, if necessary, there may be additional deliveries of this drug.

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HEALTH MINISTER OF UKRAINE: FOUR UKRAINIAN MEDICINES UNDERGO TESTING FOR EFFECTIVENESS AGAINST COVID-19

The Health Ministry of Ukraine has allowed clinical testing of four domestic medicines with the aim of studying their effectiveness for patients diagnosed with coronavirus (COVID-19).
These medicines include Amizon Max, Amixin IC, Bioven and Corvitin, Health Minister of Ukraine Maksym Stepanov said during a press briefing on Monday.
“Some clinical trials are at the final stage. As soon as results are obtained, conclusions on a possibility of using these medicines for treatment of the coronavirus disease will be made,” the ministry said.
The Health Ministry also monitors the information about the development of COVID-19 vaccines in the world. There is no such vaccine at the moment. AstraZeneca has announced its plans to produce the vaccine. Four countries (Germany, France, Italy and the Netherlands) have created an alliance and preordered the vaccine.
“Ukraine has also addressed these countries with a request for putting our country on the priority list for obtaining the vaccine when it appears,” the ministry said.

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