• The European Parliament voted to increase quotas for imports of key Ukrainian agricultural products, Interfax reports. Earlier, a Europarl committee proposed raising barley by 130%, corn by 156%, wheat by 7%, oats by 100% and honey by 50%. The amounts have yet to be confirmed. The new quotas will last for up to three years.
• A record volume of sunflower oil was exported from Ukraine in June. Big purchasers were: France, the UK, Spain, Iran, and Malaysia. Sunflower oil is high in monounsaturated fats, which gives it a longer shelf life than olive or canola cooking oil.
• A delegation from the World Bank is in Kyiv this week to asses “the progress of reforms in the ease of doing business,” according to Ukraine’s Trade Ministry.
• The EBRD is talking with state-run Ukrainian Railways about a $170 million loan to improve the railway system. The railroad plans to invest up to $6.1 billion over the next five years to modernize the country's rail infrastructure.
• Ukraine saw a 37.2% increase in the average wage in May 2017, compared to May 2016, according to the State Statistics Service.
• Ukrainian officials have announced that they foiled a second cyberattack, suggesting a continuation of the offensive that crippled the country over the past week, the Associated Press reported.
• State pension reforms are expected to be passed after parliament’s summer break, Finance Minister Oleksandr Danylyuk said Wednesday. The pension reform plan must be implemented before Ukraine can receive more IMF aid.
For comments or story tips, please email UBJ AM News Reporter Mark Satter at firstname.lastname@example.org
The UBJ website, like most websites, uses small text files called cookies. This note provides information on what cookies are, which cookies The UBJ uses, and how they can be controlled.
If you wish to restrict or block cookies you can set your internet browser to do so- click on the following link for further information: Cookies statement
- What are cookies?
- Which cookies does The UBJ use?
- How to control cookies
- Full list of cookies used by The UBJ
Read about Cookie Statement
Welcome to the UBJ
The UBJ is a subscription based service specifically designed for senior executives. To use the service, please Register and we will automatically grant you 7 days Free access! Or Subscribe online and get 15% discount immediately (promocode UBJ000555). We hope you will enjoy using the site over this period and come to the conclusion that it is an indispensable intelligence service on all that is happening in what is Europe's new frontier economy.
To subscribe immediately please click the link:
If you have already Registered and you see this window, all you need to do is to Subscribe.
I already have an account Sign in