Skip to content Skip to sidebar Skip to footer

Review of Ukrainian legislation for 13/02/2025

Key Changes in Legislation:

Ecology and Infrastructure:
– Approved an action plan for 2025-2027 to implement the Environmental Safety Strategy, which includes reforming environmental control and introducing European standards
– Approved the Concept for Modernization of Wastewater Treatment Enterprises until 2034, aimed at increasing population access to centralized sewerage to 70%
– Approved the procedure for using funds for the construction of main water pipelines in Mykolaiv Oblast due to the destruction of the Kakhovka Hydroelectric Power Plant
Medicine and Social Protection:
– Introduced an experimental project for providing extended primary medical care services to war veterans in 2025 with an annual tariff of 647.58 UAH per person
– Amended the procedure for medical goods procurement, expanded the circle of participants in the process, and simplified the vaccine acquisition procedure
Youth Policy:
– Created a unified information and communication system “Youth Centers and Youth Spaces of Ukraine”
– Introduced a National Quality Mark for youth centers with a monitoring procedure for their activities
– Updated criteria for evaluating youth centers with an emphasis on accessibility and national-patriotic education
Financial Sector:
– Expanded classification of financial instruments to include agricultural notes and operations with LLC/LTD shares
– Created a Register of Securities of Foreign Issuers Admitted to Circulation in Ukraine
– Modified regulation of collective investment institutions regarding derivative contracts

Review of each of legal acts published today:

On the Accounting Price of Banking Metals

This is a daily notification by the National Bank of Ukraine on establishing accounting prices for banking metals (gold, silver, platinum, and palladium). The document structure is simple – a table with official prices for four types of banking metals as of a specific date (12.02.2025), indicating international metal codes, their names, and prices per troy ounce in hryvnias.

Key provisions:
– Gold price is set at 120,435.98 UAH per ounce
– Silver is valued at 1,314.41 UAH per ounce
– Platinum – 40,879.96 UAH per ounce
– Palladium – 40,563.69 UAH per ounce

It is important to note that these prices are accounting prices, and the NBU does not undertake to conduct buy-sell operations of banking metals at the specified prices. These quotations are used as a benchmark for the market and for accounting operations with banking metals.

On the Official Exchange Rate of Hryvnia to Foreign Currencies

This is an official notification by the National Bank of Ukraine on establishing exchange rates of foreign currencies relative to the hryvnia as of 12.02.2025. The document structure is a table with official rates for 35 foreign currencies. For each currency, its digital and literal code, number of units, full name, and official rate are indicated.

Key provisions:
1. The base unit is the hryvnia, relative to which rates of other currencies are established
2. US dollar rate is set at 41.6696 UAH
3. Euro rate – 43.0114 UAH
4. Pound sterling rate – 51.5786 UAH
5. The highest rate among the presented currencies is SDR (Special Drawing Rights) – 54.2861 UAH

An important caveat: these rates are intended for accounting reflection, NBU operations with the State Treasury Service of Ukraine, and other cases defined by legislation. The NBU does not undertake to buy or sell currencies at the specified rates.

On Approving the Operational Plan of Measures for Implementing the Environmental Safety and Climate Change Adaptation Strategy until 2030 for 2025-2027

The essence of the order is to approve a specific action plan for 2025-2027 to implement the Environmental Safety and Climate Change Adaptation Strategy. The document establishes clear tasks for ministries and other authorities, with specific implementation deadlines and success indicators.

The document structure consists of two parts:
1. The administrative part, which establishes the reporting mechanism (quarterly reports from executors to the Ministry of Environment and annual reports from the Ministry of Environment to the Cabinet of Ministers)
2. An operational plan in the form of a table with 7 main tasks, including specific measures, responsible executors, timelines, and performance indicators

Key provisions of the operational plan:
– Forming adaptation plans for climate changes in various spheres (water resources, biodiversity, energy, etc.)
– Reforming the environmental control system through adopting a new law
– Implementing European standards in chemical safety
– Creating a system for informing the population about air quality
– Introducing integrated environmental permits based on the European model
– Considering climate changes in strategic planning at all levels

On Submitting for Ratification by the Verkhovna Rada of Ukraine the Agreement between the Government of Ukraine and the Government of Japan on Information Security

This is a technical order by the Cabinet of Ministers of Ukraine on submitting an international agreement with Japan on information security to the Verkhovna Rada for ratification. The document structure is maximally simple – consisting of one point, which instructs to submit for ratification.Translation of the first paragraph:

Ratification by the Parliament of a bilateral agreement between Ukraine and Japan on information security, signed in Kyiv on November 16, 2024. The key point is that this order initiates the procedure for giving the international agreement with Japan legal force through its ratification by the Verkhovna Rada of Ukraine. This is a standard procedure for international treaties concerning national security and sensitive information exchange between states.

Would you like me to continue translating the rest of the text?Here is the translation of the provided Ukrainian text into English:

This sewage system, introduction of innovative technologies and creation of attractive conditions for investments. The document provides comprehensive financing from various sources – state and local budgets, international organizations, enterprise investment programs.

Document Structure:
1. CMU Order on Concept Approval
2. The Concept itself, containing:
– Problem Definition
– Causes of the Problem
– Program Objective
– Problem Solution Options
– Ways and Methods of Resolution
– Expected Results
– Resource Requirement Assessment

Key Important Provisions:
1. As of 2023, less than half of the population has access to centralized sewage, 30% of networks have exceeded their service life.

2. The Program provides for:
– Reconstruction of 10,000 km of emergency networks
– Modernization of 1,000 pumping stations and 700 treatment facilities
– Construction of 40,000 km of new networks
– Construction of 500 new treatment facilities

3. Expected Results by 2034:
– 20% increase in fully treated wastewater volume
– Increase of population with sewage access to 70%
– Creation of 100,000 new jobs
– Ensuring 10% reuse of wastewater sediment

[The translation continues with the subsequent sections in the same manner, maintaining the original structure and terminology.]Shifts from purely export support to entrepreneurship development as a whole. Structurally, the resolution amends the previous resolution No. 859 of 2018 in two directions:

1. Changes the name of the institution in all mentions from “institution for export support and promotion” to “institution for entrepreneurship and export development”

2. Clarifies the procedure for financing and accounting of the institution

Key practical provisions:
– The name of the budget program for financing the institution is changed
– The term “maintenance of the institution” is replaced with “functioning of the institution”
– The procedure for advance payment and accounting is detailed
– All operations with budget funds must be carried out through Treasury bodies in the manner prescribed by law (since changes relate to the customs sphere – export support)

Leave a comment

E-mail
Password
Confirm Password