Ukraine keeps working on the improvement of its investment climate
The Parliament of Ukraine passed law 3760 “On State Support for Investment Projects with Significant Investments”! The Law will encourage investment in Ukraine’s economy, contribute to the creation of new high-paid jobs and economic development of the regions. Incentives will be given to investors that committed to make EUR 20 million investments and create 80+ jobs with a salary 15% higher than the average. We have prepared the infographic for you to get a better understanding of what the newly passed law envisages. Have any questions? Please do not hesitate to contact us at howcanwehelp@ukraineinvest.gov.ua
Rada ratifies Agreement on Political Cooperation, Free Trade, and Strategic Partnership with the UK
Ukrainian Parliament ratified the Agreement on Political Cooperation, Free Trade, and Strategic Partnership between Ukraine and the UK. The Agreement serves as a ground for deep and comprehensive cooperation in trade and investments.
– The deal envisages a comprehensive preferential free trade agreement covering goods, services, tariffs and quotas.
– The agreement encompasses the cooperation in such sectors as energy, mining, manufacturing, agriculture, information society, environment.
– The British side sees tremendous opportunities in the defense and nuclear sectors, food and beverages, automotive industry, aerospace and agtech.
– Britain will also have its Special Envoy for trade with Ukraine, which signifies a serious interest in bilateral economic cooperation with our country.
The agreement will enter into force after the UK completes its internal ratification procedures.
U.S. Charlton and Ukrainian Intellias to start a strategic partnership
Charlton Group, the U.S-based multi-billion-dollar auto entity, and Intellias, a leading Ukraine-based software development service provider, have signed an agreement to promote Intellias’ software engineering services to Charlton’s global automotive network and consolidate their efforts to bring new opportunities for companies operating in the automotive and transportation industries. Such cooperation will help manufacturers to increase the quality of their projects, differentiate from their contenders and outperform the competition. UkraineInvest team was tremendously happy to help the U.S. company with consultations and provide all necessary information to find a perfect partner in Ukraine. Ukraine keeps providing win-win opportunities for big foreign companies in a vibrant Ukrainian IT sector. We look forward to witnessing fruitful future cooperation between the companies.
Ukraine occupies 17th place in Europe in the Open Data Maturity ranking
According to the Open Data Maturity Report 2020 conducted by the European Data Portal, Ukraine occupied 17th place among the European countries in open data maturity ranking. Open data is developed 6% higher than the average EU’s indicator. Series of indicators have been selected to measure Open Data maturity across Europe. These indicators cover the level of development of national policies promoting Open Data, an assessment of the features made available on national data portals as well as the expected impact of Open Data. Read the full report.
Ukraine placed a record amount of government bonds
On December 15, the Ministry of Finance of Ukraine attracted over UAH 51,4 billion to the state budget from the placement of a record amount of government bonds. The interest rates for hryvnia denominated bonds are: 10% for 3-month, 10,5% for 6-month bonds, 10,75% for 7-month, 11,56% for 1-year, 11,7% for 1,5-year, 11,98% for 3-year, 12,18% for 5-year. The Ministry also attracted $266 million and EUR 56,7 million with average weighted yields of 3,8% and 2,5% respectively.
Ukraine is ranked 25th among 160 countries in National Cybersecurity Index 2020
According to the National Cybersecurity Index 2020, Ukraine ranks 25th among the 160 countries globally. The index takes into account such indicators as cybersecurity policy development, cyber threat analysis and information, education and professional development, contribution to global cybersecurity, protection of the digital and essential services, e-identification and trust services, protection of personal data, cyber incidents response, cyber crisis management, fight against cybercrime and military cyber operations. Read the full report.
Global Port Trends 2030
What will be the global trend in the port industry for the next decade? What’re the global drivers that are going to change the traditional trade routes, competitive positions of stakeholders, cargo distribution, and ecosystem in general? Recently, Deloitte published a report on Global Port Trends 2020: the future port landscape. The report shows a potential scenario based on the trends described in the report and indicates the necessity for policy-making and strategy development.
