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Turkish president to attend meeting with Ukraine

Turkey’s president will attend the eighth meeting of a high-level strategic council with Ukraine in its capital Kiev. The Turkish Communications Directorate on Sunday announced that bilateral and regional issues would be discussed during the meeting between relevant ministers under President Recep Tayyip Erdogan and his Ukrainian counterpart Volodymyr Zelensky. During the meeting, the condition of Ukraine’s Crimean Tatars will ... Read More »

Trade Representative of Ukraine commented on the prospect of ACAA talks

Trade Representative of Ukraine Taras Kachka commented on the prospect of formal negotiations on the Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA). “We are agreeing on the technical task of a preparatory assessment mission, which should assess all elements of technical regulation – technical rules, standardization, conformity assessment procedures, metrology, accreditation and market surveillance,” Kachka wrote. “The ... Read More »

Kiev wants to speak to Germany, France about shooting in east Ukraine

KIEV: Ukraine wants to speak to Germany and France about an increase in shooting in the east of the country, Foreign Minister Vadym Prystaiko said on Monday. Two Ukrainian soldiers were killed and 10 were wounded at the weekend in the eastern Donbass region, where fighting between Russia-backed separatist fighters and Ukraine’s armed forces began in 2014. The separatists did ... Read More »

Zhytomyr hotel project aims to transform Ukraine’s regional hospitality industry

December 2019 saw the launch of an ambitious new Ukrainian hospitality sector initiative that aims to shift the focus away from Kyiv and highlight the untapped potential of the country’s regional capitals. The plans for MOI Zhytomyr envisage accommodation for up to 350 guests in a mix of budget and four-star rooms along with long-stay five-star apartments, together with extensive ... Read More »

Russia, Ukraine, EU agree ‘in principle’ on new gas deal: EU official

Russia, Ukraine and the European Commission, after hours-long talks on Thursday, agreed in principle on a new gas deal starting after Jan 1, 2020, European Commission Vice President Maros Sefcovic told a briefing. Ukraine is a key transit route for Russian piped gas exports to Europe. The current deal between the two post-Soviet countries expires at the end of the ... Read More »

Ukraine extends ‘special status’ for conflict-hit regions

KIEV: Ukraine’s parliament voted to extend regulations giving limited self-rule to separatist-controlled eastern regions, a prerequisite for a deal to settle the five-year conflict there. Lawmakers gave a one-year extension to the regions’ “special status”, which was adopted in 2014 and has been extended several times. The conflict in eastern Ukraine that broke out in 2014 has killed more than ... Read More »

Giuliani Pursued Business in Ukraine While Pushing for Inquiries for Trump

As Rudolph W. Giuliani waged a public campaign this year to unearth damaging information in Ukraine about President Trump’s political rivals, he privately pursued hundreds of thousands of dollars in business from Ukrainian government officials, documents reviewed by The New York Times show. Mr. Giuliani, the president’s personal lawyer, has repeatedly said he has no business in Ukraine, and none ... Read More »

Russia’s MTS to sell Ukrainian business for $734 mln

Russia’s biggest mobile phone operator MTS said on Monday it had agreed to sell its Ukrainian business to Bakcell LLC for $734 million. The company also said its board had approved a special dividend of 13.25 roubles ($0.2076) per ordinary share, or 26.5 billion roubles in total. Read More »

Ukrainian lawmakers vote to lift ban on sale of farmland by 2020

KIEV: Ukrainian lawmakers voted on Wednesday to remove a ban on the sale of farmland for the first time in nearly two decades, a move supported by the country’s foreign backers that risks a political backlash. The proposal must be voted on a second time to come into force. The ban would be lifted in October 2020 and the government ... Read More »

Ukraine’s Turkish Business Community Welcomes VIP Guest

Ukraine’s rapidly expanding Turkish business community welcomed the President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) Rifat Hisarciklioglu to a Kyiv dinner in September hosted by the Turkish-Ukrainian Business Association (TUID). The dinner marked an official visit by Mr. Hisarciklioglu that reflected the growing importance of bilateral business ties between the two Black Sea neighbors. TOBB ... Read More »

Yaroslavsky ready to invest USD 100 million to construct new airport in Donetsk

DCH Group president Oleksandr Yaroslavsky has confirmed his readiness to invest USD 100 million in the construction of a new airport in Donetsk following the reintegration of the city. The Ukrainian businessman was speaking on the sidelines “RE:THINK. Invest in Ukraine” forum in Mariupol, held at the initiative of President Zelenskyy with the aim of highlighting investment opportunities in Ukraine ... Read More »

Ukrainian it sector review: revenues expected to reach $5billion in 2019

A comprehensive new report into the Ukrainian IT industry produced by tech service provider N-iX has predicted a rise in annual industry revenues to a new high of USD 5 billion during the current year, representing almost double the total reached four years ago in 2015. The report, which draws on data from a range of domestic and international sources ... Read More »

Ukrainian It Sector Review: Revenues Expected To Reach $5 Billion In 2019

A comprehensive new report into the Ukrainian IT industry produced by tech service provider N-iX has predicted a rise in annual industry revenues to a new high of USD 5 billion during the current year, representing almost double the total reached four years ago in 2015. The report, which draws on data from a range of domestic and international sources ... Read More »

Hunter Biden had falling out with business partner over Ukraine gig

​Hunter Biden’s decision to join the board of gas company owned by a Ukrainian oligarch led to a falling out with his investment firm partner – the stepson of former Secretary of State John Kerry, according to a report. Chris Heinz ended his business relationship when Biden in 2014 took a position on the board of Burisma Holdings, which was ... Read More »

Ukriane’s security service hit group smuggling illegal immigrants to EU

The Security Service of Ukraine (SBU) has blocked the activities of an organized inter-regional group that specialized in the illegal transfer of foreigners from Middle East countries to the European Union. Illegal immigrants entered the territory of Ukraine also through the Russian Federation, the SBU website said on Sept. 25. “It was established that two residents of Lviv and a ... Read More »

Ukraine businesses must cultivate a culture of compliance if they wish to become more globally competitive

The past five years have witnessed a dramatic broadening of Ukraine’s global business horizons as Ukrainian companies have branched out beyond the traditional comfort zone of the former USSR to increase their presence in EU markets and beyond. This expansion is increasingly exposing Ukrainian companies to the scrutiny of international regulatory frameworks and serving to make compliance one of the ... Read More »

Ukraine to introduce new UAH 1000 banknote in autumn 2019

The new banknote features a portrait of Ukrainian scientist Volodymyr Vernadskiy, one of the fathers of modern geochemistry and founder of the Ukrainian Academy of Sciences, which appears on the opposite side of the bill. The UAH 1,000 banknote will be the highest value denomination issued by the NBU to date, ending the 13-year reign of the UAH 500 as ... Read More »

Swiss-based agribusiness giant Syngenta finds fertile market in Ukraine

As Ukraine has emerged over the past two decades as one of the world’s leading agricultural superpowers, the growth of Swiss-based Syngenta’s business in country has mirrored this process. In fact, the agribusiness giant has actually outpaced the expansion of the Ukrainian market. “In 2001, we had an annual turnover of around USD 14 million in Ukraine. This has since ... Read More »

Ukraine peace the prize as Macron hosts Putin

French President Emmanuel Macron will attempt to convince Russia to accept Ukraine’s overtures of dialogue when he meets Vladimir Putin for talks on Monday ahead of a Group of Seven (G-7) summit. Macron, who hosted his Russian counterpart in grand style at the palace of Versailles in 2017, will this time meet Putin at his official holiday residence in Bregancon ... Read More »

Ukrainian president’s staff chief tries to quit after two months

KIEV: Ukrainian President Volodymyr Zelenskiy’s chief of staff sent in a letter of resignation, after two months in his job, but Zelenskiy has not signed it, according to a statement on the presidential. Mystery has surrounded the status of Andriy Bogdan, the head of the presidential administration, since Thursday evening. The local news agency Interfax Ukraine had reported Bogdan’s resignation ... Read More »