Business news from Ukraine

PRESIDENT OF UKRAINE TO VISIT ISRAEL

President of Ukraine Volodymyr Zelensky will make a working visit to Israel through January 23-24 to take part in the events as a part of the World Holocaust Forum, the President’s Office reported. “Through January 23-24, President of Ukraine Volodymyr Zelensky will make a working visit to Israel to take part in the commemoration events as a part of the World Holocaust Forum devoted to the 75th anniversary of liberation of Auschwitz concentration camp,” reads the report.
The program also foresee talks of Zelensky with the Israeli leadership and a meeting with the country’s business leaders.

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1.5 MLN FOREIGN TOURISTS VISIT KIEV THIS YEAR

Around 1.5 million foreign tourists and 2.2 million Ukrainian tourists visited Kyiv in January through September, 2019, Kyiv City Council has reported.
“According to the Tourism Promotion Department of Kyiv City State Administration, 1.5 million foreign tourists visited the capital over the review period. Around 2.2 million Ukrainian tourists also visited Kyiv. The city received tourism fees in amount of UAH 61 million,” reads the statement on the city council’s website posted on December 11.
The report on the implementation of the targeted program for tourism development in Kyiv over nine months in 2019 reads that the municipal authorities regularly control the quality of services provided for tourists in the capital city. In particular, a working group was created to check hostels.
“Regular checks are held at the hostels that raise concern according to the approved schedule. We have checked 105 such facilities. Only around a dozen of hostels regularly pay taxes, tourism fees and meet the sanitary standards,” the chairman of the standing commission for culture, Viktoria Mukha, said.
According to the report, a range of large-scale events were held in Kyiv over the first nine months of the year to attract tourists, including Moto Open Fest, Kyiv Food & Wine Festival, Courage Bazaar, Atlas Weekend, Kyiv Art Week.
The tourism department also participated in five international exhibitions in Ukraine and abroad, in particular in Serbia, Azerbaijan, London and Dublin, with the aim of improving Kyiv’s tourism attractiveness.

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IMF MISSION ENDS VISIT TO UKRAINE

The mission of the International Monetary Fund (IMF), working in Ukraine during November 14-22, has said that it had constructive and fruitful discussions with representatives of Ukrainian authorities, although more discussions in the near future are needed for signing the Staff Level Agreement.
The mission has made significant further progress in discussions regarding measures and reforms that could form the basis of a new program supported by the IMF. Discussions will continue in the coming weeks, mission Head Ron van Rooden said in a statement released on Saturday.
Among the necessary steps discussed are measures in the monetary, fiscal and financial sectors, as well as reforms aimed at improving the business climate, strengthening the rule of law and boosting economic growth.
According to the statement, the IMF mission commended the significant progress made over the past few months towards reform and adhering to a balanced economic policy.

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UKRAINIAN PRESIDENT STARTS WORKING VISIT TO JAPAN

Ukrainian President Volodymyr Zelensky has begun a working visit to Japan; he will attend the ceremony of the new Japanese emperor’s enthronization amongst other events, the Office of the Ukrainian President said in a statement on Facebook. “The visit program includes the chief of states’ meetings with Japanese Prime Minister Shinzo Abe, heads of both chambers of the Japanese parliament, members of the Japan-Ukraine Parliamentary Friendship Association, heads of the Japan International Cooperation Agency and the Japan Association of New Economy, and representatives of the Japanese business community,” the statement said.
The work schedule of the Ukrainian president also includes a series of bilateral meetings with foreign leaders, it said.

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PRESIDENT OF UKRAINE PLANS TO INVITE DONALD TRUMP TO PAY OFFICIAL VISIT TO UKRAINE

President of Ukraine Volodymyr Zelensky intends to invite U.S. President Donald Trump to pay an official visit to Ukraine.
“I expect that we will have very cool relations with the United States. I expect to invite, this has not happened for many years, and, as they say in English, the time to visit Ukraine. So we expect that we will agree on a visit,” he said in a video comment following the results of the first bilateral meetings in New York at the UN General Assembly, published on the President’s Office official page on Facebook.

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PRESIDENT OF EUROPEAN PARLIAMENT WANTS TO VISIT UKRAINE

President of the European Parliament David Sassoli has announced his readiness to visit Ukraine. He said this at a press conference in Brussels on Thursday. Speaking about the presentation of the Sakharov Prize to Ukrainian film director Oleh Sentsov, Sassoli said that at present Sentsov “has health problems.” “He has been invited to come to Brussels or Strasbourg to receive it. We will be extremely happy to see him if he is able to travel. Today, in the conference of presidents I said I am going to visit Ukraine myself,” the EP president said. Oleh Sentsov, together with 34 Ukrainians, arrived in Kyiv on September 7 as a result of the mutual release of detainees between Ukraine and Russia.

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