Business news from Ukraine

EC READY TO COOPERATE WITH ANY PRESIDENT OF UKRAINE

The European Commission is ready to cooperate with any candidate elected in the presidential elections in Ukraine, Katarina Mathernova, the Deputy Director-General for Neighborhood and Enlargement Negotiations at the European Commission, said in a comment to Hromadske. She said it doesn’t matter whether Zelensky [showman Volodymyr Zelensky] or Poroshenko [incumbent President Petro Poroshenko] will be elected, they will work with any of them.
Mathernova said that Zelensky was not known in the political sphere, therefore, the voice of Ukrainian civil society should be especially heard and supported.
If there is Poroshenko’s second term, we know that the second term is still a slightly different mobilization, a new factor for civil society, she added.

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VICE-PRESIDENT OF THE EC DOMBROVSKIS TO VISIT UKRAINE ON SEPT 13-14 TO SIGN MACRO-FINANCIAL ASSISTANCE PROGRAM

Vice-President of the European Commission in charge of the Euro, Social Dialogue, Financial Stability, Financial Services and Capital Markets Union Valdis Dombrovskis will visit Ukraine on September 13-14, where he will take part in signing the EU macro-financial assistance program worth EUR 1 billion, according to the European Commission.
Dombrovskis will meet with Ukrainian Prime Minister Volodymyr Groysman and acting Finance Minister Oksana Markarova.
In addition, he will participate in the forum of the Yalta European Strategy (YES).

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EC AND EUROPEAN ALCOHOL PRODUCERS AFRAID OF COUNTERFEIT ALCOHOL FROM UKRAINE

The European Commission jointly with European alcohol producers intend to publish the Counterfeit and Piracy watch-list for Ukraine with the purpose of comabting counterfeit alcohol sale in the EU partner countries. The Ukrvodka association said in a press release that the European initiative is aimed at revealing online and private marketplaces that allow producing and selling counterfeit and smuggled goods in the countries, which are not members of the European Union.
“The Ukrainian illegal alcohol market reaches 60% and withdraws about EUR 360 million from the budget. The European Commission plans to officially publish the Counterfeit and Piracy watch-list this year and update it regularly,” the association said.
According to the European Commission, the illegal market is a “concrete scourge for the economy,” it hinders investment and employment in the sectors related to the production of alcohol.
According to the European Union Intellectual Property Office (EUIPO) and the Organization for Economic Cooperation and Development (OECD), about 5% of EU imports worth EUR 85 billion annually are unsafe counterfeit goods, mainly from neighboring countries.
According to the report, the attention of Europeans was attracted by the investigation of the Ukrainian anti-corruption human rights organization. According to their data, half of the state-owned distilleries produce illegal alcohol, and illegal vodka is also produced at distilleries: 10 out of 30 distilleries produce counterfeit goods.

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