Business news from Ukraine

UKRAINIAN PRESIDENT ZELENSKY INVITES NORWEGIAN INVESTORS TO PRODUCE GAS IN UKRAINE

Ukrainian President Volodymyr Zelensky has invited Norwegian investors to produce gas in Ukraine.
Zelensky’s office said the president met with Norwegian Prime Minister Erna Solberg on the sidelines of the UN General Assembly and discussed with her the importance of maintaining a high level of cooperation between the two countries.
Zelensky “thanked Norway for its staunch support for Ukraine’s sovereignty and territorial integrity.” The sides agreed to work on “bringing Norwegian investors into infrastructure and humanitarian projects to restore Donbas,” his office said.
Norwegian business are expressing a significant interest in Ukraine in light of reports about improved transparency and anti-corruption initiatives, Solberg said.
“We are reforming our law enforcement bodies, we will have privatization, we will conduct reforms that help overcome corruption,” Zelensky said.
He noted the importance of support in the energy sphere.
“We would be pleased to invite you there to produce gas. We have gas fields but we do not have enough technology. This is not simply a business interest but as geopolitical issue,” he said.
The two also discussed alternative energy.
Zelensky briefed Solberg on the situation in Donbas. At the end of the meeting, Solberg presented Zelensky with a football, on which sustainable development targets were depicted.

, ,

FULL TRANSCRIPT OF CONVERSATION BETWEEN DONALD TRUMP AND PRESIDENT OF UKRAINE ZELENSKY

The White House on Wednesday, September 25, posted the transcript of a conversation between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky that took place on July 25, 2019.
U.S. Vice President Joe Biden’s name appears several times in the text of the document. At the same time, the document indicates that the document was compiled based on notes taken by White House employees who were present in Trump’s office during the conversation.
The Trump-Zelensky conversation has received a much attention in American media.

, , , ,

UKRAINIAN PRESIDENT ZELENSKY DISCUSSES SWEDISH INVESTMENT IN UKRAINIAN ECONOMY

Ukrainian President Volodymyr Zelensky met with Prime Minister of Sweden Stefan Löfven on the sidelines of the 74th session of the UN General Assembly, and the sides discussed prospects of negotiations on Donbas and Swedish investment in the Ukrainian economy.
The press service of the president of Ukraine reported on the president’s website on Wednesday, Zelensky thanked the prime minister for comprehensive support of Kyiv, in particular, the support of Ukraine’s sovereignty and territorial integrity. The parties discussed the prospects of the negotiations on Donbas.
“We are not ready to wait five more years for the negotiations in Minsk to yield results,” Zelensky said.
The head of state also noted the importance of Sweden as a partner for Ukraine, in particular in the trade sphere.
Zelensky urged Löfven to facilitate the increase of Swedish investments in Ukraine’s economy, including the spheres of energy efficiency and recycling.

, ,

UKRAINIAN PRESIDENT ZELENSKY ARRIVES IN UNITED STATES

Ukrainian President Volodymyr Zelensky has arrived in the United States to participate in the 74th session of the UN General Assembly (UNGA) in New York, the press service of the Office of the President reported in the Telegram channel.
“Zelensky will deliver a speech during the general debate of the UN General Assembly, and will also take part in the Sustainable Development Goals Summit,” the press service said.
In New York, Zelensky will hold a series of bilateral meetings with foreign leaders, including with U.S. President Donald Trump.
In addition, during the visit, the head of the Ukrainian state will meet with leaders of the Ukrainian community in the United States, as well as with representatives of American business circles.

,

ZELENSKY SIGNS IMPEACHMENT LAW

President of Ukraine Volodymyr Zelensky has signed the law “On a special procedure for removing the president of Ukraine from office (impeachment)” (No. 1012) adopted by the Verkhovna Rada.
On September 23, the bill was “returned with the signature of the president,” the parliament’s website said.
As reported, on September 10, the Verkhovna Rada adopted on the whole the presidential bill No. 1012, according to which the parliament can remove the president of Ukraine from office by impeachment only if he commits treason or another crime.
When a motion of impeachment is added to the Verkhovna Rada’s agenda, an ad hoc investigative commission is set up to look into the fact and circumstances of the president’s treason or other crime.
After the Verkhovna Rada decides to impeach the president, the parliament must appeal to the Constitutional and Supreme Courts.
“If the Constitutional and Supreme Courts confirm the constitutionality of the investigative and impeachment procedures and signs of treason or another crime committed by the Ukrainian president, the Verkhovna Rada … decides to remove the Ukrainian president from office as a result of impeachment … The relevant resolution passes according to at least three quarters of a constitutional majority of Verkhovna Rada deputies,” the bill says.
If the impeachment resolution does not pass, the Verkhovna Rada chairman will apologize to the president.

, ,

ZELENSKY APPOINTES YULIA KOVALIV AS DEPUTY HEAD OF PRESIDENT’S OFFICE

President of Ukraine Volodymyr Zelensky has appointed Yulia Kovaliv to the post of Deputy Head of the Office of the President of Ukraine.
The corresponding decree of September 20, 2019 was posted on the presidential website on Monday.
Kovaliv is head of the office of the National Investment Council under the President of Ukraine, former first deputy minister of economic development and trade of Ukraine, ex-member of the National Commission for Energy, Housing and Utilities Services Regulation (NCER) and ex-head of the supervisory board of Naftogaz Ukrainy.

,