This week, a new office of the Danish representation will start operating in Mykolaiv, Ukraine, which has taken on the responsibility of reconstruction efforts in the region affected by Russia's aggression. Danish Minister of Foreign Affairs Lars Løkke Rasmussen made this announcement while speaking to journalists in Kyiv on Monday before an informal meeting of … Continue reading Denmark will open an office in Mykolaiv, which will be involved in reconstruction
International Register of Damage
What is the Register of Damage, and how does it work with the Diia Register? How to get there, with what money, and according to what estimate will compensations be made to the victims? We talked about these pressing issues with the executive director of the International Registry of Damage, Markiyan Klyuchkovskyi. On June 27, … Continue reading International Register of Damage
Ukraine: Improving regulation of foreign branches and representative offices
On 3 September 2023, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Regulation of Activities of Separate Subdivisions of a Legal Entity Established in Accordance with the Laws of a Foreign State" No. 3257-IX dated 14 July 2023 ("Law") came into effect. Key highlights The Law is developed to streamline various … Continue reading Ukraine: Improving regulation of foreign branches and representative offices
The World Bank insured the first private investor in Ukraine against war risks
The Multilateral Investment Guarantee Agency of the World Bank (MIGA) provided the first investment guarantee for private investors of Ukraine, as reported by press service of the Ministry of Finance. The Ministry explains, MIGA guarantee gives an important signal to international investors regarding activation of war risk insurance in Ukraine. Insurance amounting up to $9.1 … Continue reading The World Bank insured the first private investor in Ukraine against war risks
Expansion of Solidarity Pathways: EU granted Ukraine direct access to funding
The European Union allowed Ukraine to independently submit applications for financing infrastructure projects related to expansion of the main export routes (so-called Solidarity Routes, as reported by the Recovery Agency press service. Previously Ukraine could receive funds from the EU for modernization of Solidarity Pathways only by means of participation in the project of one … Continue reading Expansion of Solidarity Pathways: EU granted Ukraine direct access to funding
EXTENTION OF TRANSPORT VISA-FREE REGIME BETWEEN UKRAINE AND MOLDOVA
Simplified transportation regime will be valid for the next two years. Ukraine and Moldova extended transport visa-free regime till late 2025. TTS writes, the Ministry of Development of Communities, Territories and Infrastructure of Ukraine reported on joint decision with the Ministry of Infrastructure and Regional Development of the Republic of Moldova to extend the Agreement … Continue reading EXTENTION OF TRANSPORT VISA-FREE REGIME BETWEEN UKRAINE AND MOLDOVA
Now is the time for businesses to look at Ukraine
War can bring out the best in people, but it also sadly takes away many of the best among us. Around one-third of the more than six hundred member companies at the American Chamber of Commerce in Ukraine (AmCham Ukraine) have seen employees killed during the full-scale Russian invasion of Ukraine. Almost half of all … Continue reading Now is the time for businesses to look at Ukraine
Shifting the focus from survival to development – business plans and forecasts for 2024
Throughout one and a half years of full-scale war, businesses have adapted to new challenges, and their primary objective now is not survival but recovery and growth. This is the prevailing sentiment among businesses voiced during the European Business Association’s Global Outlook meeting held on September 11. We spoke with officials and business leaders from various industries … Continue reading Shifting the focus from survival to development – business plans and forecasts for 2024
Poland will insure Polish and other foreign investors concerned in reconstruction of Ukraine
Andrzej Duda, the President of Poland, signed an amendment to the law on export insurance, which allows the state-owned Insurance Corporation KUKE to provide more effective assistance to private business entities concerned in reconstruction of Ukraine, as reported by the Ministry of Economy of Ukraine. Yuliya Svyridenko, Minister of Economy, notes, “This is the first … Continue reading Poland will insure Polish and other foreign investors concerned in reconstruction of Ukraine
A step towards logistic and export development: Ukraine is associated member state of the Three Seas Initiative
Ukraine received the status of an associated member state of the Three Seas Initiative, which will contribute to development of logistics in the region and facilitate export of the Ukrainian goods, including foodstuff, as reported by the Ministry of Economy based on the results of the summit of the Three Seas initiative held in Bucharest … Continue reading A step towards logistic and export development: Ukraine is associated member state of the Three Seas Initiative