News

Ukraine and Qatar negotiate over a number of agreements and projects

International Chamber of Commerce (ICC) Ukraine President Volodymyr Shchelkunov reports that Ukraine and Qatar are negotiating over a number of agreements and projects, including a major joint project in the hotel and recreation industry.

Direct Cairo flights would be good for closer ties with post-revolutionary Egypt

Ukraine’s Ambassador to the Arab Republic of Egypt Yevhen Kyrylenko says that relations between his country and Egypt are solid and that Ukraine is eager for closer cooperation with Egypt in a number of areas, now that the January 25 Revolution is over.

Odesa Port opens first phase of grain terminal

On April 13, the first phase of Odesa’s new grain terminal, 11 elevators with a capacity of 72,400 tonnes each, was opened at Odesa Commercial Port, according to the port’s press service.

Ukraine’s income from flat-rolled exports increase 23%

In March 2013, Ukraine’s income from the export of flat-rolled products jumped 23% over February, to US $342.2mn, the State Customs Service of Ukraine says.

Ukraine and Iraq sign MoU on cooperation in education and science

On April 4, the Ministries of Education of Iraq and Ukraine signed a Memorandum of Understanding in Kyiv, on cooperation and exchange of experience in education and scientific research.

Ukraine remains the global leader as sunflower oil exporter

Since the beginning of the 2012/2013 marketing year, agricultural producers have supplied 100,000 tonnes of sunflower seed oil to China, almost twice as much as in the same period of the previous marketing year. Overall, in September-February, Ukraine shipped more than 1.8mn t of sunflower seed oil to foreign markets, against 1.4 mn t in the same period of the previous marketing year, says a news item on the Government portal.

United Farmers intends to buy Continental Farmers Group

Saudi Arabia-based United Farmers Holding Company (UFHC) is planning to purchase 100% of the shares in Continental Farmers Group plc (CFG), an agricultural company with assets in Ukraine. UFHC has already received approval from the CFG Board of Directors, which has recommended that its shareholders accept the terms of the deal, according to an official statement released by CFG on the London Stock Exchange (LSE).

CM seeks US 1.2bn to upgrade mining and metallurgy

Over 2013-2014, Ukraine’s Cabinet of Ministers hopes to attract up to US 1.2 billion under government guarantees to give the go-ahead for several projects to modernize domestic mining and metallurgical companies, according to a state program to revitalize the country’s economy for 2013-2014.