Member of Parliament Semen Semenchenko from the Samopomich parliamentary faction has announced that members of the Movement of Liberation of Ukraine from Oligarchs have decided to block the businesses that belong to Ukrainian President Petro Poroshenko in Ukraine.
First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv says the Ukrainian industry has managed to cope with the aftermath of the blockade of trade with the occupied areas in Donbas due to more active investment by Ukrainian companies, an increase in households' financial capabilities and growing exports to the EU, according to the ministry's press service.
Ukraine's state-owned railways operator JSC Ukrzaliznytsia in 2016 transported almost 12 million tonnes of coal from the occupied areas in Donbas, according to the company's press service.
The ongoing economic blockade of the Russian-occupied Eastern Ukraine takes toll on lives of thousands of people, trapped in the war-torn region, as legal owners of Ukrainian companies earlier seized by Russian-backed militants have ceased paying staff salaries, while all trade with the uncontrolled part of Donbas has been suspended, Hromadske International wrote in its report.
Ukraine's Economic Development and Trade Ministry says the blockade of trade with occupied areas in Donbas has affected industrial production, but still cannot stop economic growth in Ukraine, according to the ministry's press service.
Last week, the Ukrainian authorities assessed the consequences of the trade blockade of the occupied Donbas for the economy; the IMF announced it would appoint a new date for the next Exec Board meeting on the allocation of another tranche to Ukraine; and the government boosted its efforts to fix Ukrainian roads.