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Ukraine has increased its dairy exports by 5 times over the current year
By July 2017, Ukraine had exported $23.6 million worth of dairy products. The output is five times larger than July of last year, according to Business.ua’s reports quoting the analytical department of the Food Export Council (Ukrainian Food Export Board or UFEB).
According to the report, July’s traditional export groups include butter (41% of export earnings), condensed milk and cream (36%). Cheese exports brought 11% of the revenue, whey comprised 8%, milk and cream made up 3%, and fermented …
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Head of European Bank of Reconstruction and Development: Corruption prevents bringing Ukrainian economy out of the darkness into light
Ukraine needs to strengthen its fight against corruption and continue reforms, the President of the European Bank of Reconstruction and Development (EBRD), Suma Chakrabarti, believes.
"European studies indicate the progress made in Ukraine. According to the American Chamber of Commerce, there are more investments and invertors now in Ukraine than ever, but we must admit: this is still not enough. The country has to do much more to strengthen the rule of law and respect of ownership, as well as …
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Head of Naftogaz: Siemens refused to cooperate with Ukraine because of fear of losing Russian orders
Siemens, under pressure from Russia, refused to continue supplying equipment for the modernization of the Ukrainian gas transportation system (GTS), Interfax-Ukraine reports quoting the head of the board of Naftogaz of Ukraine, Andriy Kobolyev, as saying.
"The first compressors had already been brought in; they were Siemens compressors. But then Siemens called and said that if we brought them, then we would lose the Russian market," the head of Naftogaz said.
According to him, the company had …
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Kerry on the deployment of UN peacekeepers in the Donbas: We need to make sure that this is not a trap
During the Yalta European Strategy (YES) Annual Meeting in Kyiv, Former US Secretary of State John Kerry stated that he is concerned that the deployment of a UN peacekeeping mission in the combat zone in the Donbas may be unsafe and turn out to be a trap.
"[With respect to certain UN forces], you have to be really careful that it is not a trap. If you’ve got this exclusively on the line of contact, then this can conceivably become the de facto recognition of this line of contact as meaning …
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Security Service of Ukraine prevents the staging of a ‘fake’ protest in Kyiv
Employees of the Security Service of Ukraine (SBU), together with the Ukrainian National Police, documented and stopped an attempt to conduct an "anti-Ukrainian action" in Kyiv by Russian Special Services, as reported by SBU on the department's website.
The SBU stated that "law enforcers [have] established that Russian Special Services planned fake protests on behalf of the so-called "Assembly of mothers of Anti-Terrorist Operation (ATO) participants."
"The pseudo-event was initiated and …