Section: Economy

      Italian government will hold a conference on the restoration of Ukraine
      Mar13

      Italian government will hold a conference on the restoration of Ukraine

      The Minister of Foreign Affairs of Italy Antonio Tajani announced the holding of a conference on the reconstruction of Ukraine with the participation of business representatives at the end of April. He informed this on March 10, 2023, on Twitter. Source: The Minister of Foreign Affairs of Italy Antonio Tajani “Today in connection with the...

      UAE handed over $100M in humanitarian aid to Ukraine
      Mar13

      UAE handed over $100M in humanitarian aid to Ukraine

      The Ministry of  Economy of Ukraine noted on March 10, 2023, that as part of the support program, the United Arab Emirates sent a plane of humanitarian aid to Ukraine worth $100 million. Source: The Ministry of  Economy of Ukraine “The United Arab Emirates (UAE) sent a plane with humanitarian aid to Ukraine as part of a $100 million support...

      Finland will allocate €29M in aid to Ukraine
      Mar10

      Finland will allocate €29M in aid to Ukraine

      The Ministry of Foreign Affairs of Finland reported on March 10, 2023, that Finland would provide Ukraine with €29 million in humanitarian aid and development cooperation support. Source: The Ministry of Foreign Affairs of Finland “Ukraine has requested support from Finland, particularly to meet the immediate and longer-term needs related...

      US and its allies have blocked $58B worth of Russian assets
      Mar10

      US and its allies have blocked $58B worth of Russian assets

      The Deputies of the multilateral Russian Elites, Proxies, and Oligarchs (REPO) Task Force noted in a joint statement on March 9, 2023, that they blocked or froze $58 billion worth of Russian assets that were restricted in connection with sanctions against Russia’s aggression in Ukraine. Source: The Deputies of the multilateral Russian...

      Canada will allocate additional $3M to support demining actions in Ukraine
      Mar08

      Canada will allocate additional $3M to support demining actions in Ukraine

      The Government of Canada noted on March 7, 2023, that Canada would provide Ukraine with 3 million Canadian dollars (about 2.2 million US dollars) for demining. Source: The Government of Canada “Additionally, in close coordination with the European Union, Canada is announcing an additional $3 million in funding to support mine action in...

      Ukraine has already received $38B in international aid
      Mar07

      Ukraine has already received $38B in international aid

      According to the macroeconomic and monetary review of the National Bank of Ukraine as of March 2023, the amount of international aid to Ukraine as of the end of February 2023 exceeded 38 billion US dollars. Source: The National Bank of Ukraine “Since the beginning of the full-scale invasion, as of the end of February 2023, the volume of...

      United States and the European Union are working on sanctions against Russia’s diamond industry
      Mar07

      United States and the European Union are working on sanctions against Russia’s diamond industry

      The US Department of State noted on March 6, 2023, that representatives of the government of the United States and the leadership of the European Union held a meeting with the heads of diamond industry and trade companies regarding the introduction of effective restrictions against the diamond industry of the Russian Federation. Source: The US...

      USA announced a new package of military aid to Ukraine worth $400M
      Mar04

      USA announced a new package of military aid to Ukraine worth $400M

      The US Secretary of State Antony Blinken noted on March 3, 2023, that the United States has announced a new defense support package for Ukraine worth a total of $400 million, which includes supplies of missiles for HIMARS, ammunition for artillery and armored vehicles, as well as other types of assistance. Source: The US Secretary of State Antony...

      Lithuanian company will direct €12M to restore Ukraine’s energy infrastructure
      Mar03

      Lithuanian company will direct €12M to restore Ukraine’s energy infrastructure

      An Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to Ukraine informed on March 3, 2023, that the Lithuanian company Ignitis Group would donate 12 million euros to rebuild Ukraine’s energy infrastructure. He said this during the round table discussion “Challenges for the economy of Ukraine and Lithuania in...

      UN plans to collect $5.6B for Ukraine in 2023
      Mar01

      UN plans to collect $5.6B for Ukraine in 2023

      The UN Resident & Humanitarian Coordinator in Ukraine Denise Brown noted on March 1, 2023, that in 2022, the United Nations collected 80% of the amount needed for humanitarian response in Ukraine, and 15% has already been received in 2023. Source: The UN Resident & Humanitarian Coordinator in Ukraine Denise Brown “In 2022, it was...