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World's largest business organization cuts arbitration costs to boost foreign investment in Ukraine’s reconstruction

The International Chamber of Commerce (ICC) will lower the costs of its arbitration court for foreign investors involved in Ukraine's reconstruction projects to encourage much-needed investment, the ICC Secretary General John Denton said at the Kyiv International Economic Forum on Nov. 7. "The big issue for a foreign investor is clear access to dispute settlement," […]

Ukraine

November 7, 2024

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MP Yaroslav Zhelezniak: Developments in Ukraine’s parliament on economic reforms, international obligations — Issue 76

Editor’s note: This is issue 76 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from Sept. 30- Oct. 6, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and soft commitments in the […]

Ukraine

October 8, 2024

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Opinion: Western inaction on Ukraine’s security guarantees opens door to global nuclear proliferation

Russia’s invasion of Ukraine is approaching its 11th year, with three years of full-scale war. In search of security guarantees like NATO membership, Ukraine has been left in limbo due to Russian-occupied territories and Western bureaucracy. In light of Russian advances and Western indecision, Kyiv has stated that NATO membership is one path to victory […]

Ukraine

November 11, 2024

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Russia gains Donbas ground as Ukraine’s Western allies delay weaponry talks

Russia’s invading army is racing against the weather clock, trying to seize yet more towns in Ukraine’s eastern Donbas region before the ground gets muddy this autumn and temperatures later plunge. The coal mining town of Toretsk is on the verge of falling to Moscow’s forces, an outcome which would make it the latest in […]

Ukraine

October 10, 2024

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Opinion: Trump holds all the cards in Ukraine’s peace gamble — will he use them?

It’s extraordinary how the fortunes of U.S. President-elect Donald Trump and Russian President Vladimir Putin have changed since they last met in 2019. Back then, at the G20 summit in Canada, Trump was embroiled in domestic legal issues, the Mueller report, and accusations of being Moscow’s candidate. This image wasn’t helped by the disastrous summit […]

Ukraine

November 11, 2024

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Poland’s 2025 EU presidency to focus on Ukraine’s integration and EU expansion, Duda says

Polish President Andrzej Duda announced that a key priority of Poland's EU presidency in early 2025 will be the European integration of Ukraine and maintaining an "open door to Europe" policy for new members. During the Arraiolos Group summit in Krakow, an annual informal gathering of presidents from parliamentary and semi-presidential EU member states, leaders […]

Ukraine

October 11, 2024

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Deputy energy minister: How Ukraine’s energy infrastructure has endured over 1,000 attacks in 1,000 days of full-scale war

Over nearly 1,000 days of full-scale war, Russia has attacked Ukraine’s energy system more than 1,000 times. Despite this relentless onslaught, Ukrainian power engineers have achieved a historic feat: maintaining energy supply stability by repeatedly repairing equipment, sometimes three or four times after consecutive strikes. This remarkable effort has not only ensured light and heat […]

Ukraine

November 19, 2024

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New customs reform aims to tackle Ukraine’s ‘single biggest cash cow’ of corrupt money in politics

At a time when state coffers are starving for money to fund Ukraine’s survival, illegal smuggling is costing the country billions of dollars a year in lost tax payments. Through bribery or lying, smugglers avoid an estimated $2.4 to $3 billion in customs payments each year as they smuggle everything from cigarettes and iPhones to […]

Ukraine

October 14, 2024

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The Counteroffensive: Ukraine’s nuclear ambitions fueled by betrayal, hindered by feasibility

Editor’s Note: This article was published by the twice-weekly newsletter “The Counteroffensive with Tim Mak” on Nov. 23, 2024, and has been re-published by the Kyiv Independent with permission. To subscribe to The Counteroffensive, click here. For a brief period just over 30 years ago, Ukraine possessed the third-largest nuclear arsenal in the world. Its […]

Ukraine

November 25, 2024

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MP Yaroslav Zhelezniak: Developments in Ukraine’s parliament on economic reforms, international obligations — Issue 77

Editor’s note: This is issue 77 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from Oct. 7- Oct. 13, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and soft commitments in the […]

Ukraine

October 19, 2024

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Ukraine’s drones have a reputation for low cost. Buntar Aerospace wants to make them boutique

The day Russia invaded Ukraine, Ivan Kaunov watched from his 23rd-floor Kyiv apartment in disbelief as rockets came down on his city. He was 30, married, and running a fintech startup that was seeing remarkable traction. The scion of a Kyivan family that had gotten wealthy on construction and IT, Kaunov had gone to university […]

Ukraine

November 26, 2024

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Ukraine’s NATO Membership on "irreversible path," G7 defense ministers reaffirm

Defense ministers of the G7 countries reaffirmed their commitment to supporting Ukraine's integration into NATO, according to the joint statement following their meeting in Naples on Oct. 19. "We support Ukraine on its irreversible path to full Euro-Atlantic integration, including NATO membership,” the statement said. The ministers also pledged continued military assistance to Ukraine, both […]

Ukraine

October 19, 2024

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