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Russia tops the list of foreign direct investment into Ukraine in 2016
According to the figures on the website of the State Statistics Service of Ukraine, Russia topped 2016 as the primary investor into Ukraine.
Russian businesses invested 1.67 bln USD, or 38% of the total share of investment, into the economy of Ukraine last year.
In total, foreigners invested 4.4 bln USD directly into the Ukrainian economy, a 17% rise over 2015.
These investors represented more than 77 countries, the primary ones being Russia (1.667 bln USD), Cyprus (427.7 mln USD), Great …
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Naftogaz of Ukraine wants to join Poland's lawsuit against Gazprom’s access to OPAL
NJSC Naftogaz of Ukraine requested that the European Court of Justice allow them to join the case on appeal by Poland's PGNIG Supply & Trading against the decision of the European Commission to expand Gazprom’s access to the OPAL gas pipeline, according to the Naftogaz website which reads: “According to the statute of the European Court of Justice, a legal entity can enter the case if it is able to prove an interest in the outcome of this case.”
In its request, Naftogaz specified the potential …
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The Kremlin expects to expand sales of weapons to Egypt
Deputy Prime Minister Dmitry Rogozin expects that there will be an increase in the military equipment provided to Egypt, including additional Ka-52 Alligator helicopters. He stated this during a meeting with the Egyptian Minister of Military Production Muhammad Al-Assar, TASS reported.
“I spoke with the Minister of Defense today and saw a depiction of where your soldiers were, but they were armed with Kalashnikovs. Russian weapons have been in your country for a long time, but I hope, as a …
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Putin acknowledged the failure of the anti-doping system in Russia
Vladimir Putin has acknowledged the failure of the Russian anti-doping system. Speaking at a conference in preparation for the 2019 Winter Universiade, the Russian President urged attendees to consider the statements made by the World Anti-Doping Agency (WADA) and the report of the McLaren Independent Commission, despite the fact that their work contained ‘mistakes,’ Interfax reports.
Putin said that Russia should recognize the use of doping and investigate and identify those responsible.
" …
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Ukraine loses billions of dollars due to the financial aggression of Russia
Direct financial losses for Ukraine as a result of Russia’s aggressive trading amount to nearly a billion dollars, Deputy Minister for Economic Development and Trade and Trade Representative of Ukraine Nataliya Mykolska said in an interview with DT.UA.
The greatest loses affected exports to Kyrgyzstan and Kazakhstan.
“Our biggest losses were exports to Kazakhstan and Kyrgyzstan, where 40 percent of exports was lost. But exports to other countries were also hit as well. If it’s all totaled up, …