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21.11.2008
The Ministry of Regional Development and Construction has signed a memorandum of mutual understanding with construction companies, producers of construction materials, and related associations on joint steps aimed at overcoming the crisis on the construction market. The memorandum was signed at the building of the Ministry of Regional Development and Construction. Regional Development and Construction Minister Vasyl Kuibida said the main aim of the document is the preservation of the human resources of developers, reduction of the prices of construction materials, and lowering the dependency of the domestic construction market on the conditions on the world market.


19.11.2008
The Cabinet of Ministers has instructed the Fuel and Energy Ministry and the Naftohaz Ukrainy national joint-stock company to ensure that natural gas is supplied to enterprises in the ore mining and metallurgical complex at a price equal to its import price plus the cost of transporting it until November 21. This instruction is contained in the Cabinet of Ministers directive No. 1427-r dated November 10. «Ensure supply of natural gas to enterprises of the ore mining and metallurgical complex at the prices stipulated in the intergovernmental agreement, taking into account the expenditures on its transportation on Ukrainian territory,» the directive states. The Cabinet of Ministers also instructed the Finance Ministry and the Coal Industry Ministry to make provisions for increased state support for the coal mining industry because of the reduction of the prices of coking coal when drafting amendments to the state budget for 2008.


18.11.2008
The Cabinet of Ministers intends to boost the work over cancellation of antidumping measures and antidumping investigations against the Ukrainian chemical enterprises, Prime Minister Yulia Tymoshenko said this at the meeting with the representatives of the chemical enterprises. The Cabinet of Ministers intends to analyze retention of the chemical market, find out if there is the imported produce sold at dumping prices to take measures against this.


17.11.2008
The World Bank has decided to accelerate the preparation of the third Development Policy Loan (Development Policy Loan III) for Ukraine. The World Bank announced this in a statement. «...The World Bank is accelerating the preparation of the Development Policy Loan III, which provides funding to the Ukrainian government budget in support of critical structural reforms to mitigate the effects of the [global financial] crisis and lay the foundations for a rapid return to economic growth,» the statement said. The World Bank has also started work on a loan for rehabilitation of the Ukrainian banking sector.


17.11.2008
The Ministry for Regional Development and Construction is intending to coordinate its actions with construction companies in the market during the world financial crisis. Regional Development and Construction Minister Vasyl Kuibida announced this at a press conference. He said the Ministry for Regional Development and Construction has completed work on a memo. The ministry will sign the memo for the government and producers of construction materials and construction companies will be the other sides to the memo.


14.11.2008
The Russian embassy in Ukraine is waiting for Ukraine to explain its reason for obstructing the broadcast of the Russian film entitled «War 08.08.08. The Art of Betrayal,» which is about the recent military conflict in South Ossetia (Georgia), in Kyiv. The press service of the embassy announced this in a statement. Russia strongly denies the accusations that Ukraine made on the Internet regarding the content of the film. «We are waiting for the Ukrainian side to provide justifiable explanations of the reason for such an unprecedented prevention of the broadcast of the abovementioned film because the prevention violates the principles of strategic partnership and good-neighborliness that are stipulated in Ukrainian-Russian bilateral agreements and accords,» the statement said. The embassy expressed surprise at the tone of the Ukrainian Foreign Affairs Ministry’s statement about Russia’s Ambassador to Ukraine Viktor Chernomyrdin’s participantion in the presentation of the film.


12.11.2008
State Employment Agency head Volodymyr Halytskyi predicts increase in the unemployment rate by 36-39% or 200,000-220,000 from the 561,000 rate that was registered on November 1, and will reach the amount of 761,000-781,000 before 2009. He expressed this forecast in an interview for the 5 Channel television company. "The 561,000 unemployment rate will grew by 200,000-220,000 before 2009," Halytskyi predicted. He also noted that the most pessimistic forecasts say that a total of 130,000 employees will be discharged in the metallurgical industry, and 70,000 in the construction and banking industries. Halytskyi stressed that this unemployment rate is not a critical one, and forecasted that it will stand at the December 31, 2006 level. He assured that the National Unemployment Insurance Fund has enough resources at its disposal to cover payments of unemployment compensations before 2009.


Ukrainian And Russian Customs Agree To Exchange Of Information About Movement Of Goods And Automobiles Across Border
12.11.2008
The State Customs Service and Russia’s Federal Customs Service have reached agreement on exchange of preliminary information about goods and means of transport crossing the Ukrainian-Russian customs border. The press service of the State Customs Service announced this in a statement. The State Customs Service’s Chairman Valerii Khoroshkovskyi and the Federal Customs Service’s head Andrei Belyaninov signed the relevant protocol on November 11. The protocol provides for real-time exchange of information that will enable the two customs services to compare data about consignments of crossing the Ukrainian-Russian border. In particular, the two customs services will exchange information about quantities of goods, their classification codes, and registration of the actual movement of goods and transport means outside the customs borders of the two countries.


10.11.2008
Verkhovna Rada deputy Natalia Korolevska of the Yulia Tymoshenko Bloc faction, who also chairs the parliamentary committee for industrial and regulatory policy, favours the idea of clipping taxation of entrepreneurs to get over the economic crisis, the Rada administration's information department has informed Ukrainian News. During a panel discussion of the financial-economic crisis and the state of the small and mid-scale business, arranged by the committee headed by Korolevska, the deputy stressed that it is necessary to implement a tax reform and to reform the regulatory sphere. "Authorities have to turn with their face to entrepreneurs and put the stake on namely small and mid-scale business, as long as this is the most viable segment of the economy today," she said. The parliamentarian thinks that in current situation entrepreneurs should lead the way and take part in the state's working out of anti-crisis measures.


07.11.2008
Verkhovna Rada Chairman Arsenii Yatseniuk advocates Ukraine's reduction in consumption of energy resources. Yatseniuk gave his position in his opening word at the second Kyiv security forum called "Black-Caspian Sea Region and European Energy Security." Yatseniuk noted that Ukraine was in the first place in the world two years ago in terms of energy consumption to produce one dollar of GDP. "With this situation we cannot survive which the price of energy resources is. That is why the question of energy efficiency, the reduction in consumption of energy resources is the most important question for the Ukrainian government, the Ukrainian state, and Ukrainian business on the whole," he said. He further said Ukraine should engage foreign investors to produce more energy resources, as Ukraine could not fund the production of energy resources on its own in the condition of crisis.


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