Section: News & Summaries

      Investor protection law becomes effective in Ukraine as of May 1
      May04

      Investor protection law becomes effective in Ukraine as of May 1

      The law on amendments to some legislative acts of Ukraine on protection of investors` rights became effective in Ukraine as of May 1, aiming to deregulate economic activity of joint stock companies and introduce high requirements for public joint-stock companies whose shares are listed on stock exchanges.In particular, this document contributes...

      Iran interested in oil shipments via Odesa-Brody pipeline
      May04

      Iran interested in oil shipments via Odesa-Brody pipeline

      Ukrainian Energy and Coal Industry Minister Ihor Nasalyk says Iran is interested in pumping crude oil through Ukraine`s Odesa-Brody oil pipeline, linking the Ukrainian port city of Odesa at the Black Sea and the town of Brody on the Ukrainian-Polish border.”We have had a meeting with the Ambassador of Iran, the Iranian side expressed great...

      OSCE chief comments on possible deployment of police mission in Ukraine`s east
      May04

      OSCE chief comments on possible deployment of police mission in Ukraine`s east

      OSCE Secretary General Lamberto Zannier says that the possibility of deploying an OSCE armed police mission in Donbas, Ukraine`s east, is subject to discussion, according to Poland`s Gazeta Wyborcza.”We need a clear-cut proposal, which will later be examined. It should be decided by all 57 OSCE participant states,” he said at a press conference...

      Ukraine says IMF funding may resume a quarter later than expected
      May04

      Ukraine says IMF funding may resume a quarter later than expected

      The National Bank of Ukraine (NBU) expects that cooperation with the International Monetary Fund (IMF) will resume, but its official funding is forecast to be rescheduled for a quarter later.The NBU has drawn such conclusions following debates on updated macroeconomic forecasts and recent changes in the regulator`s monetary policy, which were...

      Commissioner Hahn: Ukraine, Georgia, Kosovo may enjoy visa-free travels this year
      May04

      Commissioner Hahn: Ukraine, Georgia, Kosovo may enjoy visa-free travels this year

      Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn predicts that citizens of Ukraine, Georgia and Kosovo will be able to travel to the European Union without visas in 2016 already, according to Radio Free Europe / Radio Liberty.”We have to be clear from the European Commission`s point of view. We`re, so to...

      Nord Stream 2 should comply with European, not Russian rules – EC officials
      May04

      Nord Stream 2 should comply with European, not Russian rules – EC officials

      The European Commission` position on Russia`s planned Nord Stream 2 gas pipeline remains unchanged: the project cannot be implemented according to Russian rules, it must fully comply with the European legislation, said European Commission`s representative Yakub Adamovich in Brussels, on May 2, according to Ukraine Today. Adamovich commented on...

      Deficit of Ukraine`s balance of payments in March estimated at $859 mln
      May04

      Deficit of Ukraine`s balance of payments in March estimated at $859 mln

      Ukraine saw a deficit of the balance of payments in March 2016, which stood at $859 million, 2.8 times up on a $308 million deficit recorded in the same period last year, according to preliminary estimates by the National Bank of Ukraine (NBU).The balance of payments in January-March 2016 also turned to a deficit totaling $813 million, which was...

      Savchenko to resume hunger strike without water if extradition delayed – lawyer
      May04

      Savchenko to resume hunger strike without water if extradition delayed – lawyer

      Ukrainian pilot Nadia Savchenko, who was sentenced to 22 years in prison in Russia, may resume her hunger strike without water if her extradition to Ukraine has been delayed, according to Savchenko`s lawyer Nikolai Polozov.”Nadezhda herself cannot wait for long. She has clearly announced this. If there is any delay, I don`t rule out that she may...

      Russia may start shipping wheat to China soon – Russian media
      May04

      Russia may start shipping wheat to China soon – Russian media

      Russian Agriculture Minister Alexander Tkachev says Russia may start shipping wheat to China soon, according to Russian news agency TASS.”We hope to start delivering Russian wheat to the Chinese market soon,” he said at a meeting with his Chinese counterpart Han Changfu, TASS reported on May 3.The minister recalled that the two countries`...

      Reuters: Russia delays U.N. council condemnation of N Korea missile tests
      May04

      Reuters: Russia delays U.N. council condemnation of N Korea missile tests

      A United Nations Security Council condemnation of North Korea`s latest missile tests has been delayed by Russian amendments to a statement that had been agreed by the remaining 14 members, including Pyongyang`s ally China, diplomats said on Tuesday, according to Reuters.North Korea test-fired what appeared to be two intermediate-range ballistic...