-
Kyiv created a commission to promote Ukraine
The Cabinet of Ministers established an interdepartmental commission to promote Ukraine, headed by the Minister of Information Policy. The corresponding decision was made at a government meeting on Wednesday, Interfax-Ukraine reports.
State Secretary of the Ministry of Information Policy Artem Bidenko was appointed as the Secretary of the commission. Overall, the commission includes eight representatives of state bodies, two advisers to the prime minister, two representatives of enterprises, …
-
The World Bank will allocate up to $20 million for direct investment in Ukraine
The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to $20 million into the Emerging Europe Growth Fund III, L.P. (EEGF III), which is a direct investment fund launched by Horizon Capital mainly for investments in Ukraine. This was reported by Interfax-Ukraine with reference to the IFC’s report.
The Board of Directors approved the project at a meeting on June 5. The main investment object of EEGF III will be small- and medium-sized growing enterprises. …
-
President of Ukraine asks head of OSCE to deploy police mission in the Donbas
During a meeting with Sebastian Kurz, acting chairman of the OSCE and Austrian Federal Minister for Europe, Integration and Foreign affairs, President Petro Poroshenko called for discussion to be initiated in Vienna regarding the deployment of an armed OSCE police mission to the Donbas, as reported on the president’s website.
Special attention was given to the increase in incidences of OSCE observer intimidation by the pro-Russian separatists. The Ukrainian President pointed out that the …
-
Poroshenko: Stockholm arbitration tribunal’s decision on the lawsuit of Naftogaz vs. Gazprom was a 'convincing victory'
President Petro Poroshenko considers the decision of the arbitral tribunal under the auspices of the Arbitration Institute of the Stockholm Chamber of Commerce a victory in the lawsuit of Naftogaz Ukrainy against the Russian Gazprom under the gas supply contract. This was reported on the president's website.
"Our joint effort, made by NATO and legal representatives and the Foreign Ministry team, which also helped us a lot, together with the position of the President’s administration and the …
-
Russian Alfa-Bank refuses to leave Ukraine
According to the co-owner of one of the biggest private banks, Petr Aven, Russian Alfa-Bank is not going to sell their business in Ukraine. “We have not made a decision [to sell our Ukrainian business] yet. We’ve decided to work there. We are not a state bank,” he said during a television interview on channel Russia 24, RIA Novosti reports.
Even so, Aven professes that it is difficult for Alfa-Bank to work in Ukraine. "We have had 80 attacks on different bank branches in different cities in …