Ukraine wants to prolongate agreement on EUR 100 million loan with Poland
Ukraine wants to extend the agreement with Poland on EUR 100 million loan for border infrastructure development till 2020.
Ukraine intends to prolongate the agreement with Poland, dated September 9, 2015, on EUR 100 million to finance projects designed to develop border infrastructure and equip border checkpoints at the Ukrainian-Polish frontier, till the end of 2019.
It's said in the respective governmental order #595 dated August 29.
The government approved draft protocol on amendments to the agreement dated 2015 on loan provision and authorized Ukraine's Ambassador to Poland Andrii Deshytsia to sign it.
Currently the agreement provides that Ukrainian residents and Polish entrepreneurs can conclude contracts till April 6, 2018.
Besides, minimum contract value on consulting services at EUR 500 thousand shall be changed.
According to the Finance Ministry, 7 contracts at EUR 68 million on construction works and consulting services and 4 contracts at EUR 25 million on designing and building at the border checkpoints were concluded.
Contractual works haven't started yet due to long-term consideration of the project by Polish side as well as some contracts haven't seen concluded due to long-term negotiations on investment project concept and tenders.
On September 9, 2015, the intergovernmental agreement was concluded between Ukraine and Poland a tied government loan to Ukraine of EUR 100 million. The Parliament ratified it in February 2016.
The loan facility was granted to Ukraine for 30 years at 0.15 % interest.
- 16:5807.12281907.12.2018 | Investments28190Investors' coming to coal industry seems impossibleAfter the conflict in Donbass (Donetsk coal basin) has began in 2014, the situation in the state-owned coal mines looks like one long ordeal
- 15:1003.12271003.12.2018 | Investments27100EBRD, EIB and WBG launch enterprise surveyEBRD, EIB and WBG launch enterprise survey in Ukraine
- 12:5722.1052422.10.2018 | Investments5240Horizon Capital plans to invest up to USD 200 million into UkraineHorizon Capital will invest up to USD 200 million into Ukraine over 3-5 years
- 10:2022.1042922.10.2018 | Investments4290Ukraine and IMF agreed on new programUkraine and IMF agreed on new Stand-by arrangement
- 16:1517.1042017.10.2018 | Investments4200Ukraine was downgraded 2 positions in competitiveness ratingUkraine was downgraded 2 positions and placed the 83rd in WEF competitiveness rating
- 10:0316.1050616.10.2018 | Investments5060AMCU permitted Horizon Capital to buy share in confectionaryAMCU permitted Horizon Capital to buy share in Yarych confectionary
- 10:4509.10101309.10.2018 | Investments10130EBRD approved new strategy for UkraineThe EBRD approved new strategy for Ukraine which focuses on privatization, energy security, banks and capital markets
- 10:5628.0944928.09.2018 | Investments4490EIB invested in Ukrzaliznytsia and UkravtodorEIB decided to allocate EUR 50 million to infrasructure of Ukrzaliznytsia and Ukravtodor
16:5807.122819Investors' coming to coal industry seems impossible 14:3707.122540Kyivstar got new CEO 16:1206.122560FUIB afforced Supervisory Board 13:5406.122373Chinese allowed to enter PFTS's capital 15:3305.122749New Memorandum on cooperation with IMF is approved 11:1705.122754Ukrainian Exchange admitted bonds of Alfa Bank and OTP Bank to trading 16:0704.122391Ihor Mitiukov was reselected as NDU's Supervisory Board Chairman 12:5504.122192VAT refund has increased by 12% since January 2018 15:1003.122710EBRD, EIB and WBG launch enterprise survey 12:0703.122399Ukraine is in top three countries by frequency of systemic banking crises