Posted inEconomy

Breadbasket of Europe: Ukraine was the European Union’s third largest agricultural supplier in 2023

Ukraine is the third largest agricultural supplier to the EU, according to new figures released by the European Commission in January. Data covering the period from January to October 2023 showed Ukraine in the number three position among agri-food exporters to European Union markets behind first placed Brazil and the United Kingdom, with the United […]

Posted inEconomy

Leading Turkish e-commerce company plans to launch in Ukraine despite wartime challenges

One of the largest Turkish e-commerce companies had confirmed plans to launch in Ukraine. In a January 7 interview with Bloomberg, Hepsiburada CEO Nilhan Onal Gokcetekin said the company is ready to begin large-scale Ukrainian sales if an initial trial run proves successful. The Hepsiburada chief executive said her company is not deterred by the […]

Posted inEconomy

Ukraine exports 10 million tons of agricultural produce since breaking Russia’s Black Sea blockade

Ukraine has exported more than 10 million tons of agricultural produce since breaking the Russian naval blockade of the country’s Black Sea ports five months ago, Ukrainian Infrastructure Minister Oleksandr Kubrakov announced on 8 January. According to Kubrakov, Ukraine has now shipped almost 15 million tons of cargo in total following the launch of a […]

Posted inNews

Japan is “determined” to support Ukraine, Foreign Minister Yoko Kamikawa says during Kyiv visit

Japanese Foreign Minister Yoko Kamikawa arrived in the Ukrainian capital on 7 January with a message of Tokyo’s “determination” to maintain its strong support for Ukraine during the coming year. Kamikawa soon became acquainted with the current wartime realities in Kyiv when air raid sirens forced her and Ukrainian counterpart Dmytro Kuleba to hold their […]

Posted inIndustry

Turkish developer proceeds with major new residential project in wartime Kyiv

Turkish businesses are widely expected to play a prominent role in postwar Ukraine’s recovery and reconstruction, with some companies already demonstrating their commitment to the country by investing in new construction initiatives despite ongoing hostilities. With the full-scale Russian invasion about to enter a third year, Turkish construction company Bosphorus Development is proceeding with a […]

Posted inEconomy

IMF upgrades Ukraine’s 2023 GDP growth forecast to 4.5% amid “stronger than expected recovery”

The International Monetary Fund has upgraded its 2023 GDP growth forecast for Ukraine to 4.5% while praising the “remarkable resilience” of the country’s wartime economy. The new figure is a significant increase on the earlier forecast of growth between one and three percent. Speaking in Polish capital Warsaw on November 10 following a meeting with […]

Posted inPolitics

Putin’s chilling warning: Ukraine will have “a week left to live” if West ends military aid

Russian dictator Vladimir Putin has warned that Ukraine would have “a week left to live” if the country’s Western partners stopped the delivery of weapons. Speaking at the annual Valdai Discussion Club in Sochi on October 5, Putin claimed Ukraine’s ability to defend itself against Russia’s ongoing invasion was entirely dependent on the support of […]