Despite generating billions in revenue to fuel Russia’s war and help exert political influence, the country’s nuclear giant Rosatom remains untouched even by the 16th package of EU sanctions. Read more at United24media
The Joint Institute for Nuclear Research (JINR), located near Moscow, continues to allow Russian scientists to spy on CERN’s cutting-edge nuclear research
The Joint Institute for Nuclear Research (JINR), located near Moscow, continues to allow Russian scientists to spy on CERN’s cutting-edge nuclear research, bypassing international sanctions and raising serious security concerns. Read more at Euromaidanpress...
Since the start of Russia’s full-scale invasion in February 2022, the US has been a major supplier of both military assistance and development aid.
Since the start of Russia's full-scale invasion in February 2022, the US has been a major supplier of both military assistance and development aid. Many local communities rely on aid and donor support to fund initiatives in education, health, energy, agriculture and infrastructure. Reuters spoke to 10 NGO leaders and representatives from across affected projects. They said the abrupt pause in US funding came as a shock to communities exhausted by wartime challenges, and they were scrambling for new sources of funding. Even if US aid resumes, several NGOs said it would be a challenge to keep their teams at a time of severe staff shortages in Ukraine as the war drains the labor force. Read more at ...
Treasury Intensifies Sanctions Against Russia by Targeting Russia’s Oil Production and Exports
The US imposed sanctions on over 200 entities, including Gazprom Neft and Surgutneftegas, and individuals involved in Russia’s energy sector and identified over 180 vessels as blocked property. This wide-ranging, robust action will further constrain revenues from Russia’s energy resources and degrade Putin’s ability to fund his illegal war against Ukraine.
Termination of Russian gas transit one of Moscow’s biggest defeats – Zelensky
“When Putin was presented with the Russian presidency more than 25 years ago, the annual gas transit through Ukraine to Europe totaled more than 130 billion cubic meters. Today, it equals 0. This is one of Moscow’s biggest defeats. As a result of Russia weaponizing energy and resorting to cynical blackmail of partners, Moscow lost one of the most profitable and geographically accessible markets” – Ukrainian President Volodymyr Zelenskyy.
EBRD and Aon Unveil €110 Million War Risk Insurance Initiative for Ukraine
The European Bank for Reconstruction and Development (EBRD) and Aon, a global insurance and reinsurance broker, announced the launch of a €110 million Ukraine Recovery Guarantee Facility (URGF). This initiative aims to provide reinsurance support to international reinsurers and Ukrainian insurance companies, covering war-related risks in Ukraine.
Sergii Marchenko signed an agreement with the EU on the ULCM mechanism, which will create a legal framework for servicing and repayment of funds received by Ukraine under the G7 ERA initiative
Ukraine signed an Agreement on the establishment of the Ukraine Loan Cooperation Mechanism (ULCM), which will create a legal framework for servicing and repayment of funds received by Ukraine, up to €45 billion. The mechanism will allow the use of proceeds from frozen Russian assets to cover the principal amount of the loan raised from partners under the G7 ERA initiative, as well as interest and any other costs associated with the loan.
Comment by the Ministry of Foreign Affairs of Ukraine on Ukraine’s Accession to the Joint Statement in Support of the Implementation of the Chemical Weapons Convention
Ukraine has joined the Joint Statement on behalf of 59 states in support of the full implementation of the provisions of the Chemical Weapons Convention, including the prohibition of the use of riot control agents as a method of warfare. Ukraine has documented 4,950 incidents of Russia’s use of munitions containing hazardous chemical substances since February 2023.
Biden administration moves to forgive $4.7 billion of loans to Ukraine
The Biden administration has moved to forgive about $4.7 billion in US loans to Ukraine, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia.
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