Andriy Yermak held talks with advisors from Great Britain, France, Germany, and Italy. The preparation of a bilateral security agreement between Ukraine and the USA was discussed, which includes financial support from European partners.
The US Department of Defense announced on July 31, 2025, the signing of large-scale contracts worth tens of billions of dollars. The agreements cover aviation, navy, army, scientific developments, and international cooperation, including arms supplies to allies.
At least four tankers with Russian oil are idling off the coast of India. Indian refineries are refusing Russian oil due to reduced discounts and warnings from the US President.
The National Bank of Ukraine reports that food prices in Ukraine have converged with European ones, and some, like butter, have even exceeded them. This is due to internal and external factors, including high production costs and differences in VAT rates.
From August 1, the full amount of penalties for violating the use of RRO/PRRO has been reinstated in Ukraine. An open banking system has also been launched, which will contribute to the development of fintech.
US President Donald Trump has maintained a basic tariff rate of 10% for countries with a positive trade balance. For 40 countries with a trade deficit with the US, a minimum tariff of 15% has been set, and for Canada, the tariff has increased to 35%.
Ukrainian Foreign Minister Andriy Sybiha met with the Speaker of the Finnish Parliament Jussi Halla-aho. The parties discussed Ukraine's European integration, NATO accession, and defense cooperation.
The number of representatives of Georgia's ruling party "Georgian Dream" and related individuals who have fallen under Western sanctions has exceeded 230. Restrictions were imposed by the USA, Great Britain, the Baltic states, the Czech Republic, Germany, Poland, and Ukraine.
The United States of America will apply 15% tariffs on imports of European wine and spirits starting August 1. Despite efforts by France and Italy, these goods were not included in the list of exceptions.
Law enforcement officers reported suspicion to the organizers of the production of falsified CORAGEN pesticides, which were supplied to EU countries. The criminal activity brought in over UAH 200 million in income.
The Cabinet of Ministers of Ukraine will inform partners about the restoration of NABU and SAP powers by presidential bill. This decision strengthens anti-corruption bodies and the law enforcement system.
European Commissioner Marta Kos reacted to the Verkhovna Rada's adoption of the bill on NABU and SAP, noting the restoration of key safeguards.
Ukraine will face a significant increase in its funding deficit next year due to intense Russian attacks and failure to meet foreign creditors' reform demands. The country needs between $39 billion and $58 billion in external financing for next year alone.
The enterprise produces communication equipment for the Russian army and is under sanctions from the EU, USA, Canada and other countries.
Ukrainian Foreign Minister Andriy Sybiha discussed defense cooperation with the Association of Finnish Defense and Aerospace Industries. Ukraine invited Finnish companies to an international defense forum and expressed interest in Finland's experience in building shelters.
18 EU member states have expressed interest in receiving loans worth 127 billion euros under the SAFE defense instrument. The SAFE program will allow mobilizing up to 150 billion euros in investments, Ukraine expects investments in its defense.
The European Commission announced that the new Entry/Exit System (EES) will become operational on October 12, 2025. It will gradually register data of third-country nationals, replacing passport stamps.
Ukrainian aviation today is fighting not only in the air but also for its existence as an industry.
The owners of three vessels chartered by India's Nayara Energy are asking to terminate their contracts. The decision is related to the impact of new EU sanctions targeting the Russian energy sector.
The SBU has documented over 10,000 chemical attacks by the Russian Federation against Ukrainian defenders, using aerosol grenades with poisonous substances. International organizations confirm Russia's systematic use of chemical weapons.
President of Ukraine Volodymyr Zelenskyy signed a number of laws concerning the ratification of agreements. This includes agreements on the conditions for the placement of diplomatic missions of Ukraine and the Czech Republic, the establishment of an office of the European Public Law Organization in Ukraine, and Ukraine's participation in the "Creative Europe" program.
World experience shows that without state support, the aviation industry cannot function effectively, and investments in it create thousands of jobs.
Ukraine's leading allies in Europe plan to approach the EU for tens of billions of euros in loans for joint procurement of weapons for Ukraine and to strengthen their own defense. The SAFE program envisages loans for weapons, financed by EU debt with a 45-year repayment period.
French company Naval Group, a submarine manufacturer, reported a possible cyberattack on confidential data related to surface ships and submarines. Hackers published 30 GB of information, claiming to have 1 TB of data.
The White House and the European Commission published separate fact sheets regarding the trade agreement, which contain conflicting data. Key details of the agreement, including tariffs and exceptions, remain unclear, despite the intention to publish a joint statement by August 1.
The KBU Business Club is dedicated to practical cases, innovative solutions for rapid reconstruction, and analytics of the Ukrainian real estate market in the first half of 2025.
Nine countries have officially expressed interest in borrowing funds from the EU military procurement program SAFE by the deadline. Poland plans to request 25 billion euros, and Greece – at least 1.2 billion euros.
President of Ukraine Volodymyr Zelenskyy held a conversation with Prime Minister of Denmark Mette Frederiksen, discussing Ukraine's European integration and the bill on anti-corruption bodies. The parties agreed on an urgent vote for the presidential bill in the Verkhovna Rada this week.
On July 29, Bitcoin broke the $119,000 mark, trading sideways for most of July. Markets are awaiting the results of US trade negotiations with the EU and China by August 1.
Ukraine's energy system is functioning stably, despite the destruction, thanks to the restoration of capacities. The main risk is massive attacks on infrastructure, for which preparations are underway.
