KIEV, May 18 – Ukraine should as soon as possible settle the issue of trade in unprocessed timber, as the ban on its exports hinders the provision of the second and third tranche of macro-financial assistance in the amount of EUR 1.2 billion by the European Union, Ukrainian Trade Representative Natalia Mykolska said.

KIEV, May 18 – The State Property Fund has asked the Cabinet of Ministers to approve the starting price for a state stake in the public joint-stock company Odessa port-side chemical plant at UAH 13.175 billion ($521 million at the current exchange rate).

KIEV, May 18 - Ukraine won’t pay for Russian natural gas supplies delivered over the past 15 months to areas controlled by pro-Russian separatist groups in Donetsk and Luhansk, Naftogaz Ukrayiny said Wednesday.

KIEV, May 18 - A Ukrainian court has approved a central bank request to freeze the real estate and moveable property of Ukrainian businessman Oleg Bakhmatyuk in connection with the failure by a bank owned by him to repay loans of about $160 million, Reuters reported Wednesday, citing the regulator.

KIEV, May 15 – The National Bank of Ukraine and the People's Bank of China have signed a bilateral yuan-hryvnia forex swap agreement worth up to UAH 54 billion and CNY 15 billion in Shanghai on Friday.

KIEV, May 15 – Ukraine and the World Trade Organization have agreed that the next round of consultations on additional import tax, set by Ukraine at 5-10%, will be held on June 11, Ukraine's Ministry for Economic Development and Trade said.

KIEV, May 18 – Payments for heating generated from natural gas supplied by Naftogaz Ukrayiny will be settled through special accounts opened in authorized banks, while Naftogaz Ukrayiny will be able to sell the debt claims of consumers for natural gas.

KIEV, May 15 – The Ukrainian parliament has ratified guarantee agreements on loans with the European Bank for Reconstruction and Development and Euratom worth EUR 600 million in total to be issued to National Nuclear Generating Company EnergoAtom.

KIEV, May 16 - Ukraine will cut power supplies to Crimea, its Black Sea peninsula that has been occupied and annexed by Russia, due to maintenance of two power lines, the power company DTEK warned Friday.

KIEV, May 16 - Ukraine and Russia on Friday failed to agree on a plan that would help to lower natural gas prices and clear Ukraine's outstanding gas debt, Naftogaz Ukrayiny, the national energy company, reported.