News/Press

Belarus is one of the leaders among the Eastern Partnership countries in the digitisation of its economy, Dirk Schuebel, the head of division for bilateral relations with Eastern Partnership countries at the European External Action Service, has told the Minsk Forum, the BelTA news agency reported. “Belarus is one of the leading countries, one of the driving forces in the development of this area...
On October 31, the Board of the National Bank of Ukraine approved the large ‐ scale ‘Restart Lending’ project, which includes the introduction of a new credit guarantees scheme for loans to small and medium-sized enterprises, which is supported by the German-Ukrainian Fund (GUF). To accelerate the implementation of the credit guarantee scheme, the GUF, in cooperation with its partner banks, will...
The 5 th Eastern Partnership (EaP) summit will take place in Brussels on Friday, 24 November, bringing together heads of state and government from EU member states and the six Eastern partner countries. Among the priority areas to be discussed are economic development and better market opportunities. The leaders will look forward to future cooperation, as well as taking stock of what has been...
A Business Support Centre last month started operations in the Ukrainian capital Kyiv, part of the EU4Business initiative of the European Union, supported by the European Bank for Reconstruction and Development (EBRD) . The Business Support Centre in Kyiv was established jointly with the EBRD at the Kyiv Chamber of Commerce and Industry, of which it is a subdivision. In May 2016, the EU4Business...
Azerbaijan has published a strategic roadmap for the development of trade and logistics, setting short, medium and long-term policy directions for economic development, but also defining a series of strategic priorities and actions to achieve those objectives. Azerbaijan’s vision in logistics and trade by 2020 is to achieve the creation of added value for regional transit freight, in addition to...
The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – today signed a guarantee agreement with Ukrgasbank to support the equivalent of €50 million of lending to small and medium-sized enterprises (SMEs) in Ukraine. The agreement aims to facilitate access to finance for Ukrainian SMEs by providing a 70% guarantee for each loan granted by Ukrgasbank...
Head of the BRDO Construction sector Elena Shulyak
Most of the cement produced in Ukraine fails to meet national standards of strength, in some cases actually five times below required standards and posing serious safety risks for buildings, according to the Better Regulation Delivery Office (BRDO), set up in Ukraine with the support of EU4Business and the FORBIZ project. Ways of addressing market regulation issues in the cement industry in...
The European Investment Bank (EIB) and the Republic of Belarus have endorsed the financing by the EIB of key infrastructure projects in Belarus, including the upgrade of a number of connectivity projects between the country and its EU neighbours. The EIB activities in Belarus were discussed by the EU bank’s Vice-President and Member of the Management Committee, Alexander Stubb, and the Belarus...
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More than 160 entrepreneurs from Ukraine and beyond took part in the East Export Forum on 8 November, organised by the Kramatorsk Business Support Centre, supported by the EBRD within the framework of the EU4Business initiative. The First Secretary of the Trade and Economic Section of the EU Delegation to Ukraine, Joselin Gyuton, told participants how with the coming into force of the DCFTA, all...
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A Tourism Forum was held in the Ukrainian city of Sumy on November 9, aimed at assessing the prospects for creating ‘Sumy Tourism Cluster’ and better promoting the region online. The Forum was held at the congress centre of Sumy State University, organised by the Sumy Business Support Centre as part of the EU4Business initiative of the European Union, supported by the European Bank for...