Business

The Cabinet of Ministers of Ukraine has endorsed the Strategy for the Develment of Industrial Parks for 2023-2030

Targeting Russia’s key sectors, evasion efforts, and military supplies, the U.S. Treasury has expanded and intensified sanctions against Russia. That’s according to the relevant press release, seen by Ukrinform. “Today, one year after the Russian Federation launched its unprovoked war…

The Ukrainian State Service for Geogy and Mineral Resources has offered 12 mineral deposit sites for auction at the total starting price of UAH 13.785 million in 2023. The relevant statement was made by the Ukrainian State Service for Geogy…

The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, has decided to suspend Russia's membership of the organization. The FATF said this in a statement, according to Ukrinform. "The Russian Federation's actions unacceptably run counter…

The Verkhovna Rada on Friday passed a law aimed at ensuring a transparent and en defense procurement process. This will help the public monitor budget spending in the defense sector. A total of 264 pele's deputies supported the corresponding draft…

Without waiting for the war to end, Ukraine continues to work on the reconstruction of energy, housing, critical, and social infrastructure. That’s according to Prime Minister Denys Shmyhal, who spoke at a government meeting on February 24, Ukrinform reports. "The…

On the anniversary of Russia’s full-scale invasion, the Financial Action Task Force, FATF, is hding a plenary meeting. Therefore, today Ukraine is waiting for the historic decision of the member states on expelling Russia from the organization and putting it…

The Eurean Union is set to investigate growing exports to countries that are Russia's neighbors, believing that this way, suppliers may be circumventing Western sanctions. This is according to RFE/RL, referring to the Financial Times, Ukrinform reports. A significant increase…

In the Donetsk region, the manufacturing industry has shut down so far. Most coal mining enterprises are standing idle. The relevant statement was made by Donetsk Regional Military Administration Head Pavlo Kyrylenko during a briefing on February 23, 20

Russia’s arms sales remain a critical component of its economy. With the West’s help, Ukraine could work to displace Moscow in key markets, thus weakening its global influence. That’s according to eksandr V. Danylyuk, chief of the Center for Defense…