Ukraine presented a road map for opening airports. What is known
Category
Economics
Publication date

Ukraine presented a road map for opening airports. What is known

Ministry of Development of Communities, Territories and Infrastructure of Ukraine
plane

In Warsaw, Ukraine made a presentation of the road map for the opening of airspace under martial law.

Points of attention

  • Ukraine recently presented a road map for opening airspace under martial law in Warsaw, gathering key representatives from the aviation industry.
  • The Minister of Community and Territorial Development highlighted the complexities involved in opening airspace and the importance of collaboration with various stakeholders.
  • The event showcased a step-by-step plan and requirements for the partial opening of airspace, emphasizing the assessment of risks and air navigation safety.
  • Key industry players and regulators, including airlines, airports, and aviation services agencies, participated in the expert discussion in support of Ukraine's efforts to restore civil aviation.
  • The discussions also included coordination mechanisms for civil and military aviation, highlighting the readiness of airports such as Boryspil International Airport and Lviv International Airport.

Ukraine is preparing to open airspace

The event gathered about a hundred representatives of the aviation industry — relevant regulators of the European Union, Great Britain and the USA, management of Ukrainian and foreign airlines that previously operated flights in Ukraine, insurance and leasing companies, aircraft manufacturers.

Oleksiy Kuleba, Minister of Community and Territorial Development, emphasized that the opening of airspace "is a very difficult issue both from the point of view of security and from the point of view of interaction with all involved parties"

This is the first expert discussion, which we expect will help to move forward in creating the conditions for opening up the airspace. In times of war, it is a strategic challenge for us to preserve aviation infrastructure and skilled personnel so that when the time comes, we can resume civilian flights as quickly as possible.

Oleksiy Kuleba

Oleksiy Kuleba

Minister of Development of Communities and Territories of Ukraine

Economic Counselor of the US Embassy in Ukraine Mary Elizabeth Madden noted the importance of supporting Ukraine in efforts to restore civil aviation and the readiness of the United States of America to provide expert and technical assistance.

Ukraine's plan to open airports during the war

In Warsaw, Deputy Minister Serhiy Derkach presented a step-by-step plan and requirements for the partial opening of airspace.

The assessment of risks for civil aviation was prepared by the State Aviation Service, the document was presented by the first deputy chairman Serhii Korshuk. Director of Ukraerorukh Andriy Yarmak reported on the peculiarities of air navigation safety and the readiness of the air navigation system.

In addition, Oleksiy Dubrevskyi, Director General of Boryspil International Airport, and Tetiana Romanovska, Director General of Danylo Halytskyi Lviv International Airport, spoke about the readiness of the airports.

Mechanisms of coordination of civil and military aviation were presented by Oleg Zakharchuk, deputy commander of the Air Command "Center" for aviation — chief of aviation.

The Polish Air Navigation Services Agency, AirBaltic, Austrian Airlines, LOT Polish Airlines, SkyUp Airlines, Skyline Express, SprintAir, Supernova Airlines, Turkish Airlines, Wizz Air, AerCap, Boeing, Marsh McLennan, Deloitte Ukraine and others also joined the expert discussion.

We will remind you that in 2023 there was a lot of talk about the fact that it might be worth opening one of the airports in Ukraine. In particular, the possibility of opening the Lviv airport on the example of the grain corridor was discussed.

At the beginning of 2024, Ukraine officially began negotiations with the regulators of the USA and the European Union regarding the resumption of passenger air transportation in our country. The government stated that at the level of plans there are different scenarios regarding the number of airports that can be opened in Ukraine.

Category
Economics
Publication date

Ukraine's subsoil deal — insiders learn about tough US conditions

subsoil
Source:  The New York Times

Ukraine and the United States have resumed negotiations on an agreement on Ukrainian minerals. On April 11, a Ukrainian delegation arrived in Washington for a new round of negotiations.

Points of attention

  • Ukraine and the United States have resumed negotiations on an agreement concerning Ukrainian minerals, with the US demanding a significant share in the country's natural resources.
  • The revised draft of the agreement suggests that Ukraine may have to pay half of its resource extraction revenues to a special fund controlled by the US, reflecting President Trump's focus on 'returning' past aid to Ukraine.
  • The negotiations, marked by tough conditions and a focus on monetary returns to the US, are crucial for Ukraine's defense guarantees and highlight the intricate nature of international mineral agreements.

US puts forward tough conditions in Ukraine's subsoil deal

The US plans to gain a large share of Ukraine's natural resources as a result of this deal.

The visit was the latest twist in a months-long saga in which Kyiv and Washington have been haggling over a deal that President Trump sees as a way to “return” past U.S. aid to Ukraine and which President Volodymyr Zelensky hopes will help provide defense guarantees for his country, the NYT reports.

The talks between the two delegations will be the first since the White House presented a revised draft of the minerals agreement, which re-stated the tough demands that official Kyiv had previously rejected, effectively returning the talks to their original state.

Officials in Kyiv told the NYT that the talks in Washington, which are expected to last two days, will be largely technical and will not involve senior Ukrainian and U.S. officials.

The Ukrainian delegation was led by Deputy Economy Minister Taras Kachka, who is responsible for trade, and included representatives from the Economy Ministry and the Justice Ministry. The White House did not provide the publication with details about the negotiations.

The new version of the agreement, which the NYT reviewed, returns to President Trump's initial demand - that "Ukraine return to the United States the billions it received in military and financial aid" after the start of Russia's full-scale invasion three years ago.

As in previous US proposals, Washington wants Ukraine to pay half of its revenues from natural resource extraction projects, including key minerals, oil and gas, as well as related infrastructure (including ports and pipelines) to an investment fund controlled by Washington.

The White House also wants profits from this fund to be reinvested in Ukrainian natural resource extraction projects, although the exact share of such profits remains unclear.

According to the NYT, the new version of the agreement does not mention security guarantees for Ukraine — a provision that Kyiv has long insisted on and which it managed to include in the draft last month, but which Washington has long resisted.

In addition, the new version contains stricter conditions than previous drafts: Washington wants to demand all profits from the aforementioned fund until Kyiv pays at least the equivalent of American aid received during the war — plus 4% per annum.

The United States also wants to retain the "right of first offer" on new projects and the right to veto the sale of Ukrainian resources to third countries. In the first year of the agreement, Ukraine wants to be prohibited from offering any investment projects to third parties on more favorable financial or economic terms than those that will be offered to Washington in the future, the publication writes.

The fund will be overseen by the International Finance and Development Corporation, a U.S. government agency responsible for investing in companies and projects abroad. The agency will appoint three board members — while Ukraine will have only two — and will oversee each project in which the fund invests.

MP from the Holos faction Yaroslav Zheleznyak commented on the NYT article and urged Ukrainians to treat the information "with some skepticism."

It seems to me that the NYT has some very outdated version of the agreement (similar to the one we were analyzing back on March 23), and they published this news on it today... Therefore, I would be somewhat skeptical about this.

Yaroslav Zheleznyak

Yaroslav Zheleznyak

People's Deputy of Ukraine

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