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The following is the April 30, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Polish farmers finally ended their protests at the Hrebenne-Rava-Ruska border crossing on April 29, effectively lifting a blockade that had gone on for months, damaged Polish-Ukrainian relations, and put stress on Ukraine’s exports. The news is a relief, ending a series of protests that started in February, when farmers, angered over an influx of what they said were cheaper Ukrainian products entering th...
Kyiv Independent (CA)
Banks in China, the UAE, and Turkey have boosted sanctions compliance leading to Russian oil firms facing months of delays in receiving payments, Reuters reported on March 27. In some cases, money transfers to Moscow have been rejected entirely, several sources familiar with the matter told the outlet. The U.S. in December introduced secondary sanctions to target foreign financial institutions that support Russia’s war effort, even if they do so unknowingly. As a result, banks have begun demanding written guarantees from clients ensuring that payments will not benefit any person or entity name...
Kyiv Independent (CA)
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