Section: News & Summaries

      Ukraine starts legal proceedings to contest Russian transit embargo in WTO
      Sep16

      Ukraine starts legal proceedings to contest Russian transit embargo in WTO

      Ukraine has started the procedure within the framework of the World Trade Organization to challenge the decision of the Russian Government to impose an embargo on the transit of Ukrainian goods via the Russian territory toward third states, in particular Kazakhstan and Kyrgyzstan. According to the press service of the Ministry of Economic...

      EU court confirms Yanukovych asset freeze for 12 months from March 6, 2015
      Sep16

      EU court confirms Yanukovych asset freeze for 12 months from March 6, 2015

      The General Court of the European Union has confirmed the freezing of funds of three Ukrainians, one being Viktor Yanukovych, the former President of Ukraine, for the period from March 6, 2015 until March 6, 2016. The decision concerns Viktor Yanukovych, one of his sons Oleksandr Yanukovych, and Andriy Klyuyev, who headed President Yanukovych`s...

      EU prolongs for 6 mths sanctions over violation of Ukraine`s sovereignty
      Sep16

      EU prolongs for 6 mths sanctions over violation of Ukraine`s sovereignty

      The European Union has adopted the decision to prolong for another six months the sanctions imposed against 146 individuals and 37 companies for the violation of the territorial integrity and sovereignty of Ukraine, the EU Council told a UNIAN correspondent in Brussels. The decision was taken without discussion, by written procedure. As UNIAN...

      IMF confirms it may decide on new disbursement to Ukraine by year-end
      Sep16

      IMF confirms it may decide on new disbursement to Ukraine by year-end

      The International Monetary Fund, Ukraine`s largest lender, which decided on a third US$1 billion disbursement to Ukraine on September 14, may consider a new disbursement by the end of the current year. ”On the next review [of the Extended Fund Facility] and next disbursement – that could be by the end of the year. I don`t have the exact date,”...

      No full ceasefire: Donbas militants open fire in Avdiyivka
      Sep16

      No full ceasefire: Donbas militants open fire in Avdiyivka

      The militants fired rocket-propelled grenades twice on the Avdiyivka industrial zone since the beginning of the day, the press officer of the Donetsk sector Oleksandr Zavtonov said on 112 Ukraine TV Channel. ”Since 00:00 Kyiv time, the situation in the area of responsibility of the Donetsk operational-tactical group has calmed down sharply,...

      The National Bank of Ukraine allows companies to buy foreign currency to repay loans to non-residents
      Sep16

      The National Bank of Ukraine allows companies to buy foreign currency to repay loans to non-residents

      The National Bank of Ukraine (NBU) has eased foreign exchange market restrictions for businesses, which were introduced in 2014-2015 to stabilize the national currency, namely by allowing companies to buy foreign currency to repay loans to non-residents provided the availability of own foreign currency funds on accounts. NBU Resolution No. 386,...

      Kremlin: No Donbas ceasefire promises given to Germany as Russia ”not party to conflict”
      Sep16

      Kremlin: No Donbas ceasefire promises given to Germany as Russia ”not party to conflict”

      The Kremlin has stated it did not promise Germany to ensure the ceasefire in Donbas as Russia ”is not party to the conflict”, and it`s ”the armed forces of Donbas” that oppose Ukraine, Russia`s presidential spokesman Dmitry Peskov told an UNIAN correspondent in Moscow. ”There is a ceasefire, which is violated… In this wording, Moscow could...

      Kremlin explains why it refuses from holding Normandy Four meeting
      Sep16

      Kremlin explains why it refuses from holding Normandy Four meeting

      Russian presidential press secretary Dmitry Peskov told reporters that the Normandy format meeting at the highest level would be held only when there were ”real issues” to be discussed, an UNIAN correspondent in Russia reported. When asked whether high-level talks in the Normandy format could be restarted in October, Peskov said: ”We are not...

      Hryvnia strengthens on IMF decision to disburse loan tranche to Ukraine
      Sep16

      Hryvnia strengthens on IMF decision to disburse loan tranche to Ukraine

      Hryvnia quotations against the dollar on the interbank currency market on Thursday fell to UAH 26.16/26.25 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Thus, the national currency has weakened by 18 kopiykas against the U.S. dollar as compared to the opening of trade. Hryvnia quotes against...

      Ukraine may abandon coal supplies from ATO zone provided diversification – Energy Minister
      Sep15

      Ukraine may abandon coal supplies from ATO zone provided diversification – Energy Minister

      Ukraine`s Energy Minister Ihor Nasalyk says Ukraine can do without any coal supplies from the Anti-Terrorist Operation (ATO) zone if it increases consumption of gas coal instead of deficit grade of anthracite coal, of which the reserves are located mainly in the occupied territory of Donetsk and Luhansk regions. Further, the minister pointed to...