Ukraine and the UK are planning to conclude an agreement on digital trade, which will remove barriers to trade and provide support to Ukrainian businesses, the UK has previously concluded such an agreement only with Singapore, the Ukrainian Ministry of Economy and the Ministry of Digital Transformation report.
The Ministry of Economy in a press release on Wednesday clarified that the day before, First Deputy Prime Minister, Economy Minister Yulia Svyrydenko and Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov discussed this document – Digital Economy Agreement – with Secretary of State for International Trade of Great Britain Anne-Marie Trevelyan.
“The Digital Economy Agreement is a new type of trade agreement that will open up new opportunities for Ukrainian and British businesses through the use of modern technologies that will reduce bureaucratic procedures and promote the use of electronic payments, digital signatures and electronic contracts,” Svyrydenko said.
According to the release of the Ministry of Economy, the agreements involve the creation of digital infrastructure to level restrictions on cross-border data transfer, the opening of a single window for traders and government agencies, the growth of trade in services, proper protection of personal data and improved access to public resources.
The Ministry of Digital Transformation added that among the main areas of cooperation were financial technologies and payment systems, open digital markets and technical cooperation.
The Ministry of Economy clarified that the agreement on digital trade would supplement the agreement on political cooperation, free trade and strategic partnership between Ukraine and the UK, concluded on October 8, 2020.
The state will partially compensate exporters for interest accrued and paid this year on loans insured by the Export Credit Agency (ECA), the website of the Ministry of Economy reported on Wednesday.
The corresponding decision was made by the Cabinet of Ministers at a meeting on August 23.
It is indicated that the state will partially compensate the rate on export credits, which are taken for a period of two to 12 years and amount to no more than 85% of the amount of the foreign economic contract.
Such loans should be used to replenish working capital, purchase equipment, fulfill the terms of a foreign economic contract, and build and reconstruct production facilities.
It is noted that the borrower must be a FOP or a legal entity registered on the territory of Ukraine (except for the temporarily occupied territories), not have open bankruptcy cases and not be in the process of liquidation.
The Ministry clarified that if the borrower violates the terms of interest payment for more than 15 days, compensation will be temporarily suspended.
During his first visit to Ukraine since the start of Russian aggression, Turkish President Tayyip Erdogan plans to discuss possible steps to end the war through diplomacy with Ukrainian President Volodymyr Zelensky and UN Secretary General António Guterres, CNN Turk reports, citing a statement from the Communications Department. president.
“(…) The meeting will discuss steps that can be taken to end the Ukrainian-Russian war through diplomacy, by activating the mechanism created to export Ukrainian grain to world markets,” the message posted on the website on Tuesday evening reads.
The Milliyet edition notes that Erdogan will visit Ukraine for the first time since the beginning of the full-scale invasion of the Russian Federation. During the visit, aspects of Turkish-Ukrainian relations at the level of strategic partnership will be assessed.
As reported, UN Secretary-General António Guterres will travel to Lviv on Thursday, August 18, to meet with Ukrainian President Volodymyr Zelensky and Turkish President Tayyip Erdogan. Earlier, the “Club of Experts” released an analysis of the main events that should take place on August 15-21 in Ukraine and the world. For more video analysis, see the link
On Thursday, August 18, UN Secretary General António Guterres will take part in a trilateral meeting in Lviv with Turkish President Recep Tayyip Erdogan and Ukrainian President Volodymyr Zelensky, Deputy Secretary General Stefan Dujjarik said on Tuesday.
“The UN Secretary General will arrive in Lviv on Thursday for a trilateral meeting with Turkish President Erdogan and Ukrainian leader Zelensky,” he said.
“The next day he will go to Odessa and visit the local port, one of the three busiest ports on the Black Sea,” he said.
Duzhzharik added that the UN expects a bilateral meeting between Guterres and Zelensky.
In Istanbul on July 22, with the participation of the UN, Russia, Turkey and Ukraine, two documents were signed on the creation of a corridor for the export of grain from three ports on Ukrainian territory – Chornomorsk, Odessa and Yuzhny.
Earlier, the “Club of Experts” released an analysis of the main events that should take place on August 15-21 in Ukraine and the world. For more video review, see the link
The international research company Corteva Agriscience has established export supply chains for corn seeds from Ukraine to the EU, and in the context of the Russian military invasion plans to increase its exports to European countries by 16 times by the end of the year compared to last year.
According to a press release from the company, as of early August, it has already shipped 3,000 tonnes of corn seeds grown at its seed complex in Poltava region to the European Union.
The company clarified that, for security reasons, it suspended the operation of the seed plant immediately after the start of the Russian invasion of Ukraine, but at the initiative of the employees themselves, after some time, resumed the operation of the enterprise. The launch of its work made it possible to provide Ukrainian farmers with seed material that is critical for the sowing campaign.
Corteva, in the context of Russian aggression, also for security reasons, refused to supply seeds of Ukrainian production by land to the countries of the Caucasus and Central Asia, but expanded logistics to the EU as much as possible.
“On the production lines of the Corteva plant in Ukraine, high standards of seed production have been introduced, which allow us to produce goods that meet all the quality criteria adopted in the EU. Seeds are controlled by many indicators at all stages of production – from field to bag, and meet the maximum requirements of both Ukrainian, and foreign farmers choosing Corteva genetics,” the company said.
Earlier, in April, the company decided to leave the Russian market due to the military aggression of the Russian Federation against Ukraine.
Corteva Agriscience is a global agricultural company. It offers farmers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in the portfolio.
The Federal Council of Germany has published a decision to change the rules for the stay of Ukrainian citizens in the country from September 1, 2022.
According to the decision of the government, from September 1, for citizens of Ukraine, the registration of the time spent in the country begins. All days of stay will be taken into account, starting from February 24. Those Ukrainians who stay in Germany for more than 90 days will have to receive temporary protection status or leave the country for the next 90 days.
At the same time, Ukrainians who arrive in Germany after September 1, 2022 will also be able to legally stay in the country for 90 days without having to apply for registration of temporary protection status.
Registration for citizens of Ukraine will be open throughout the war.
