• Bombardier and Siemens May Invest in Ukrainian Venture

    Canadian multinational aerospace and transportation company Bombardier is interested in a possible joint venture with the Electron Corporation and the Lviv Locomotive Repair Plant.  Bombardier and engineering giant, Siemens are ready to invest in production of railway products within the territory of Ukraine.

    In a press conference, the Minister of Infrastructure of Ukraine, Andriy Pivovarsky, elaborated on the shared interests. "We have confirmation from Bombardier and Siemens about their …

  • Dzhemilev met with Erdoğan

    On 17th December, Turkish President, Recep Tayyip Erdoğan met with the Ukrainian presidential envoy for Crimean Tatar People’s Affairs, Mustafa Dzhemilev, Anadolu reported. The meeting took place in a hotel in Konya. The Turkish Vice Prime Minister, Yalçın Akdoğan also participated in the meeting, which lasted about 40 minutes. Neither of the parties has disclosed the details of their discussions.

    A sizeable portion of the Crimean Tatar Diaspora (more than 1000 people) live in Turkey. In …

  • Herbst: War in Ukraine is more important than Russian invasion of Syria

     

    The former U.S Ambassador to Ukraine, John Herbst, in his interview with the Voice of America, stated that U.S Secretary of State, John Kerry, is not the best candidate for negotiations with Russia regarding the cessation of the war in Ukraine. According to him, his soft diplomacy will not convince the Kremlin that it’s time to pull back.

    “The point is that during negotiations with the Kremlin, U.S Secretary John Kerry doesn't speak harshly in regards to Russian crimes, such as the Crimean …

  • Czech Rupublic Communist MP denied entry into Ukraine

    A Deputy of the Czech Parliament, who is a representative of the Communist Party of Bohemia and Moravia, Zdenek Ondrachek, was not allowed into Ukraine at the Borispol airport, as reported by the Czech news website Novinky.

    "I came for a conference on elections. I have been an election observer in Mariupol twice, but I was told that I've become a persona non grata and am not allowed to enter Ukraine," said Ondrachek.

     According to the Czech MP, the attitude of Ukrainian employees at the …

  • IMF recognizes status of Ukraine’s debt

    Ukraine’s debt to Russia is set to mature on December 20th.  Recently, however, the International Monetary Fund (IMF) lifted the ban on lending to countries with existing overdue sovereign debt, so Ukraine’s unpaid "debt of Yanukovych" will not prevent the IMF from further cooperation with Kiev.

    The Executive Committee of the IMF officially recognized the $3 billion Eurobond that Ukraine owes to Russia as sovereign debt, not commercial. Consequently, Ukraine will have to demonstrate that it is …