Section: Latest news
SBU security service detains advocate of fake Kyiv People`s Republic
The SBU Security Service of Ukraine has detained an advocate of a fake Kyiv People`s Republic, the SBU press center said. The man posted an electronic announcement on public PCs at a social establishment in Kyiv, urging the creation of a self-proclaimed republic. During a search of his house, security service officers found emails on his PC sent...
What Trade Policy Does Ukraine Need Now?
At the informal ministerial meeting of the Eastern Partnership in Kyiv on July 11-12, Ukraine’s Foreign Minister Pavlo Klimkin proposed that the six members of the Eastern Partnership (Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine) form a single economic space or free trade area. This is implausible. Ukraine does need to open...
Ukraine reduces gas imports in July by nearly 32%
Ukraine reduced gas imports in July by 31.8% year-on-year (y-o-y) to 409 million cubic meters, according to Ukrtransgaz, operator of the country`s gas transport system. Natural gas imports in Ukraine were undertaken by five companies during the period. ”Gas supplies over the last 248 days have been carried out solely from Europe,” the press...
Finance Ministry to verify operation of ”single customs window” this week
Ukraine`s Ministry of Finance will this week inspect checkpoints and places where customs clearance of goods takes place to verify the operation of an automated ”single window” system, which was launched at Ukrainian customs houses from August 1, the ministry`s press service reported. The Finance Ministry noted that the introduction of the...
Ukraine`s hryvnia ranked world`s most underestimated currency
The Ukrainian hryvnia has been ranked the world`s most underestimated national currency, according to The Big Mac index for July 2016 compiled by The Economist. According to the data, Ukraine`s national currency is underestimated by 68.8% against the U.S. dollar and by 62.6% against the euro. The estimated value of the dollar against the hryvnia...
Possible EAEC expansion poses no threat to Ukraine`s foreign trade: Da Vinci AG forecast
The possible expansion of the Eurasian Economic Community (EAEC) does not represent a serious threat for Ukraine`s foreign trade, according to a forecast of the Da Vinci AG analytical group provided to UNIAN. Chairman of the State Duma Committee on CIS affairs Leonid Slutsky suggested that Tajikistan may this year express its intention to join...
NNSA reaches important milestone with B61-12 life extension program
The Department of Energy`s National Nuclear Security Administration (DOE/NNSA) announced that they recently formally authorized the production engineering phase of its B61-12 warhead life extension program (LEP). This important milestone comes after four years of work in the development-engineering phase of the program, and marks the final...
Russia detains 143 railroad cars from Ukraine bound for Kazakhstan, Kyrgyzstan
Acting in line with its new restrictions imposed on Ukrainian transit from July 1, Russia has detained on its border 143 railroad cars en route from Ukraine to Kazakhstan and Kyrgyzstan, the press service of the Ukrainian Ministry of Economic Development and Trade, citing data from the rapid response headquarters, reported. ”According to the...
Savchenko on hunger strike again, demands release of Ukrainians in captivity
Ukrainian MP Nadia Savchenko is on hunger strike to protest the inaction of the Ukrainian government on the release of Ukrainians in captivity. ”I`ve tried many methods to fight for these guys, like the world fought for me. Now I will fight for them as I fought for myself. One of the mechanisms to accelerate my release was a hunger strike to...
Ukraine`s industrial goods sales volumes up by 12% since start of year
Ukraine`s industrial goods sales in January-June 2016 amounted to UAH 796.6 billion, which is 12.1% higher than the same period last year, the State Statistics Service of Ukraine reported. Industrial goods sales in the processing industry, which accounted for 64.6% of the total sales volume in H1, amounted to UAH 515.052 billion, according to the...