Section: News & Summaries

      Norway resumes high-level trade talks with Russia after two-year break
      Nov29

      Norway resumes high-level trade talks with Russia after two-year break

      Norway has resumed high-level talks with Russia on trade and economic cooperation that were broken off after Moscow annexed Crimea in 2014, according to Reuters. ”This is the first time Norway and Russia hold bilateral meetings at the ministerial level since 2014,” the Norwegian Ministry of Trade, Industry and Fisheries said in a statement on...

      Ukraine`s international reserves shrink first time in 7 months
      Nov29

      Ukraine`s international reserves shrink first time in 7 months

      Foreign reserves of Ukraine decreased by 1.9%, to $ 15.2 billion in November, according to the National Bank of Ukraine. The current level of international reserves of Ukraine amounted to $15.2 billion, the NBU has told UNIAN. Thus, compared with the beginning of November, the reserves fell by $0.3 billion, or 1.9%. As UNIAN reported earlier,...

      NBU strengthens official exchange rate to UAH 25.65 to dollar
      Nov29

      NBU strengthens official exchange rate to UAH 25.65 to dollar

      The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by seven kopiykas, bringing the national currency to UAH 25.65 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for November 29: $100 costs UAH 2,565.9521 (on November 28, it was...

      Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea
      Nov29

      Russia has huge sum losses because of maritime sanctions for illegally annexed Crimea

      Due to dramatic decrease of public and freight sea transportation to occupied Crimea Kremlin have to fill the gap in up to 200 vessels, Ukraine Today reports citing BlackSeaNews and Maidan of Foreign Affairs. Although Kremlin keeps telling that foreign naval vessels ignore the sanctions and sail to Crimea, the majority of vessels that carry...

      Ukraine cancels obligatory state registration of investment
      Nov29

      Ukraine cancels obligatory state registration of investment

      The Ukrainian government has abolished the obligatory state registration and re-registration of investment, which has been effective since 2013, according to government resolution No. 661, which was published on its website. The relevant decision has been made pursuant to current legislation and is believed to significantly facilitate investment....

      Oil prices fell over 1 percent before OPEC official meeting on Wednesday
      Nov29

      Oil prices fell over 1 percent before OPEC official meeting on Wednesday

      Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices, according to Reuters. Non-OPEC oil production giant Russia confirmed on Tuesday that it would not...

      Ukraine to unveil new Chernobyl dome

      Ukraine is due to unveil the world’s largest moveable metal structure over the Chernobyl nuclear power plant’s doomed fourth reactor to ensure the safety of future generations across Europe …read more Source:...

      Ukraine condemns extension of Sushchenko`s arrest in Russia
      Nov29

      Ukraine condemns extension of Sushchenko`s arrest in Russia

      Ukraine`s Ministry of Foreign Affairs has expressed protest against the ruling by Moscow`s Lefortovo district court to extend Ukrainian journalist Roman Sushchenko`s arrest. ”The case is politically motivated. Another hostage of Russian aggression. We express protest and demand the release of Roman Sushchenko,” spokesperson for the Ukrainian...

      We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk
      Nov29

      We expect final decision of Stockholm arbitration in case against Gazprom in early 2017 – Yatsenyuk

      During his visit to Brussels on Monday, November 28, leader of the Popular Front Party, Ukraine`s former Prime Minister Arseniy Yatsenyuk met with Vice-President of the European Commission Maros Sefcovic. After the meeting, the leader of the Popular Front said that the issues were discussed in particular on energy security. He recalled that the...

      Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln
      Nov29

      Public procurement reform: Savings due to Prozorro e-procurement system exceed UAH 7 bln

      The average savings in tenders was at 13%, while the average number of bidders was 2.5 for each tender. Budget savings due to the use of the system of electronic public procurement Prozorro, extended to all state customers from August 1, was UAH 7.03 billion as of November 28. Relevant information was published in Prozorro business analytics...