Economy
Ukraine will export wheat flour to China
Ukraine has signed an intergovernmental agreement with China, which officially opens up the market of the People’s Republic of China to exports of Ukrainian wheat flour.
Pensions could be increased by 1,038 UAH: what documentation is required
Pensioners aged 80 and over may receive a pension supplement of 1,038 hryvnias, but only if several conditions are met simultaneously. The key criterion for such an increase is a medical certificate confirming the need for constant care from a third party.
The port of Ust-Luga has come under attack once again
Another attack on the port of Ust-Luga has been reported in Russia’s Leningrad Oblast. Oil shipments had recently resumed there following several days of disruption.
The Ukrainian company Fire Point plans to develop a new air defence system by 2027
The Ukrainian missile manufacturer Fire Point is in talks with European companies regarding the development of a new air defence system. The company claims that it could offer a cheaper alternative to the Patriot system.
Ukraine has stepped up its strikes against Russia’s shadow fleet in the Mediterranean Sea
Ukrainian forces have deployed unmanned boats to attack Russian oil tankers far from the front line. The strikes come against the backdrop of the war in the Middle East and restrictions on shipping through the Strait of Hormuz.
Saudi Arabia has raised oil prices for Asia to a record high amid the war
Saudi Arabia has raised the premium on its benchmark crude oil for Asian buyers to a record high. This comes against the backdrop of escalating conflict in the Middle East and restrictions on shipping through the Strait of Hormuz.
Winter preparations in Ukraine could fall through: an expert has outlined the reasons
Ukraine will not be able to prepare adequately for the coming winter and minimise the risk of power cuts unless it resolves the critical issue of its multi-billion-dollar debts.
Sweden will supply Ukraine with Tridon Mk2 air defence systems to combat drones
Ukraine is set to receive state-of-the-art Tridon Mk2 air defence systems from Sweden, designed to counter attack drones, cruise missiles, helicopters and aircraft. The Ukrainian Ministry of Defence has stated that Sweden will allocate €400 million for the procurement of these systems.
The Ukrainian Energy Support Fund is set to receive a further €37 million
In March, the Ukrainian Energy Support Fund received grant contributions from Iceland and Slovenia totalling €3.2 million. At the same time, international partners have already confirmed or pledged further contributions amounting to over €34 million.
Farmers in the conflict zone will be compensated for up to 40% of the cost of their machinery
The Cabinet of Ministers has updated the terms of the state programme offering partial compensation for the cost of Ukrainian-made agricultural machinery, extending support to farmers in frontline areas. These changes have been introduced as part of the ‘Made in Ukraine’ policy.
Russia has resumed oil shipments from the port of Ust-Luga following drone attacks
The Russian port of Ust-Luga on the Baltic Sea has resumed oil shipments following several days of disruption. Operations had been suspended following a series of drone attacks on energy infrastructure.
Oil prices remain high against the backdrop of the US and Israel’s conflict with Iran and supply disruptions
Global oil prices remained virtually unchanged on 6 April following a sharp rise the previous day. The market is reacting to supply disruptions and uncertainty surrounding potential negotiations.
