ISSUE 27 - DECEMBER  13, 2018

Time for EU to Recognize the Developments in the Kerch Strait 
as an Open Act of Aggression
President Poroshenko Website, Dec 13, 2018 

" ... I am very grateful for your statement and for the EU's position in support of my country. Yesterday, we had an opportunity to hear the statement of the European Parliament, which was supported by 433 members of the EP and demonstrated that it was an act of aggression against Ukraine. This is not a provocation, this is not a crisis. This is an act of aggression that falls entirely under UN General Assembly resolution 3314 adopted in 1974," the President said.

"In this situation, we need an adequate response from the whole world  ... CLICK to read 


Completely Fulfilling Demands on Reform Implementation,  
President Poroshenko meets with Vice-President of the European Commission
President Poroshenko Website, Dec 13, 2018 

" ... President of Ukraine Petro Poroshenko discussed the implementation of reforms in Ukraine and the support of the European Union for the Euro-Atlantic development vector of our country.

...   Putin hates European success of Ukraine. This is an additional motivation for us to be more resolute in the reforms, the return of Ukraine to the family of European nations. We very much appreciate the position of the European Commission, the Vice-President that the door for Ukraine should remain open," Petro Poroshenko emphasized.

The President thanked for the decision to provide another tranche of macro-financial assistance to Ukraine. "This symbolizes the support for Ukraine in difficult times and will contribute to financial stability. This, as well as the future decision of the IMF, will provide additional confidence to investors who are planning to come to Ukraine," he said ..."     CLICK to read more



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USUF Joins AmCham 
Promoting the Foundation's Biotech Initiative 

Kyiv, December 6, 2018 - U.S.-Ukraine Foundation representatives attended the annual U.S. Chamber of Commerce members meeting - and learned that membership has clear benefits.  

"Being a part of AmCham provides the Foundation with access to a whole network of resources that can help us implement USUF projects," according to Mr. Bilynskyj. 
USUF Vice President, Markian Bilynskyj, with American Chamber of Commerce President, Andriy Hunder, at the 2018 AmCham annual general meeting

"The most obvious "project beneficiary" is our Biotech Initiative .  We now have a platform," he continued, "for approaching legal and consulting firms that are AmCham members and discussing cooperation to provide the kind of advice to help Ukrainian biotech entities confidently enter into partnerships with their American counterparts."
AmCham Ukraine has over 650 members, the vast majority of whom, according to a real-time poll conducted during the annual general meeting, plan to increase their investment and activity (and even increase salaries!) in Ukraine in 2019.

"We are delighted to be part of AmCham," said USUF Board Chairman Roman Popadiuk. "AmCham provides another platform from which the Foundation can continue its work in helping build Ukraine's future. Our new biotech initiative is aimed at assisting young experts and start ups to develop their capabilities and AmCham has the business acumen and membership to greatly assist in this process. I am especially pleased that in our conversations with AmCham there was enthusiasm to be involved in the biotech initiative."

<<<<  A day earlier, Mr. Bilynskyj spoke about USUF's Biotech Initiative before the participants of a conference (see photo below) on   "Innovative Methods for the Molecular and Genetic Analysis of Different Varieties of Plants."  

The half-day conference-seminar was attended by approximately 150 specialists in agricultural biotechnology and the number of inquiries, after Mr. Bilynskyj's presentation, again confirmed that the USUF Biotech Initiative represents a genuinely new approach to creating and nurturing promising U.S.-Ukrainian partnerships in this underdeveloped and investment-starved sphere.  

The event was organized by  BioLabTech , a Ukrainian supplier of laboratory equipment, reagents and consumables for diagnostics and research in the field of molecular biology and genetics, as well as for quality control of products in agriculture, food and pharmaceutical industries.

A successful Ukrainian tech company lends helping hand 
to startup entrepreneurs
Most recently, Concepter helped to choose six Ukrainian tech startups, which were  selected to attend the annual Computer Electronics Show (CES) in Las Vegas in  January 2019 and exhibit in the UA Tech Expo Zone.  The Ukrainian Venture Capital and Private Equity Association (UVCA) and the Western NIS Enterprise Fund (WNISEF) jointly sponsor this booth space.  Concepter will also exhibit in the UA Tech Expo Zone in January.Most recently, Concepter helped to choose six Ukrainian tech startups, which were  selected to attend the annual Computer Electronics Show (CES) in Las Vegas in  January 2019 and exhibit in the UA Tech Expo Zone.  The Ukrainian Venture Capital and Private Equity Association (UVCA) and the Western NIS Enterprise Fund (WNISEF) jointly sponsor this booth space.  Concepter will also exhibit in the UA Tech Expo Zone in January ..."    CLICK to read 

Mike Buryk is a member of USUF's Advisory Board 

How Ukraine Can Begin to Catch Up with the EU
By Ivan Miklos and Pavlo Kukhta, Atlantic Council, Nov 28, 2018 
Two major risks are clouding Ukraine's economy and holding back investment and economic growth.

One of them is politics. In 2019, the country will hold both presidential and parliamentary elections, in the spring and autumn, respectively. These will be the second elections since the 2014 revolution, and their outcomes will determine whether the country continues on its current course of modernization and integration with the West, or whether it will slide back into stagnation.

With such high stakes, it is no wonder that most investors are cautious and prefer to wait for the elections' results before investing their money in the Ukrainian economy. This is clearly illustrated by a recent  survey of investorsconducted by Dragon Capital, the European Business Association, and the Center for Economic Strategy: 28 percent of investors think now is the optimal time to invest, while 64 percent prefer to wait until after the elections. These results are true for both strategic and portfolio investors. Investment is the primary driver of economic growth in Ukraine: if investors become cautious and adopt a "wait and see" approach, this will slow down growth.

The second major risk overhanging the economy and discouraging investment is the period of peak foreign debt payments that Ukraine ...  CLICK  to read more

BioTech ... 

Google's DeepMind predicts 3D shapes of proteins
AI program's understanding of proteins could usher in new era of medical progress
By Ian Sample, The Guardian, Dec 2, 2018

" ... The arcane nature of "protein folding", a mind-boggling form of molecular origami, is rarely discussed outside scientific circles, but it is a problem of profound importance. The machinery of biology is built from proteins and it a protein's shape defines its function. Understand how proteins fold up and researchers could usher in a new era of scientific and medical progress.

"For us, this is a really key moment," said Demis Hassabis, co-founder and CEO of DeepMind. "This is a lighthouse project, our first major investment in terms of people and resources into a fundamental, very important, real-world scientific problem ..."    CLICK to read

USUF will be representing Ukraine's Biotech sector in June 2019 ...  Join us! 

Don't miss your opportunity to get in front of business executives, investors, industry leaders, government officials, and academic researchers next  July 8-11, 2019 in Des Moines, Iowa - America's agricultural heartland!

We have made some exciting changes to our program themes this year, and are now accepting proposal submissions for the following categories:   Breakout Sessions,  Company and Technical Presentations and  Poster Presentations ... 

Contact biotech@usukraine.org for more information 

News from the Ukrainian-American Environmental Association ...

6930 Carroll Avenue, #340; Takoma Park, MD 20912 ...   301-270-6477 x.6
ua_ea@yahoo.com ... http://usukr-env.org/ ...  Twitter: Follow @UAEnvAssn

Three New Solar Plants to Be Built in Ukraine's Vinnitsa Region by KNESS Group;  Total Installed Capacity Will Be About 34 MW :   EU Neighbors, December 4, 2018


With EU Support, at Least 2,000 New Home Owners' Associations to Be Created to Develop Energy Efficiency Projects and Apply to the Ukrainian Energy Efficiency Fund;  More Than 480,000 People Across the Country Will Benefit
EU Neighbors, December 4, 2018


Rada's Energy Committee Approves Draft Bill to Start Auction System for 'Green Energy' in 2020; Solar Tariff to Drop by 25% in 2020 with 2.5% Annual Decreases through 2023 and for Wind, Tariff to Be Cut 10%, followed by 1.5% Annual Decreases Through 2023
Unian, December 3, 2018
https://ecology.unian.ua/alternativeenergy/10362207-nardepi-zbirayutsya-prodovzhiti-deriban-10-milyardiv-na-zelenih-tarifah.html  (in Ukrainian)    
and  https://www.ubn.news/thursday-december-6


With a €316,000 EBRD Grant and €25 Million Senior Loan, PJSC Myronivsky Hliboproduct to Build a New Biogas Plant in Ladyzhyn; Plant Will Utilize Chicken Manure & Other Agricultural Residues to Reduce 90,000 Tons of CO2 Emissions per Year
EU Neighbors, December 3, 2018


About 170 Local Authorities Implement Energy Management in the Budget Sphere with the Support of the State Department of Energy Efficiency - A Three-Fold Increase Since April 2017; In 2019, 250 Local Communities Are Expected to Have Energy Monitoring:  
State Agency for Energy Efficiency, December 3, 2018
http://saee.gov.ua/uk/news/2689  (in Ukrainian)


Ukrainian Retailer Novus to Receive EU and EBRD Funding to Support Energy and Resource Efficiency Improvements Plus Climate Change Mitigation Measures Such as LED Lighting and Air & Water Heat Recovery Systems:   
EU Neighbors, December 3, 2018


Slavutych Has Reduced Gas Consumption by 40% Thanks to a 10.5-MW Biomass Boiler Plant; City Plans to Establish a Bio-CHP Plant with a Capacity of 12.5-MW of Electricity and 29-MW of Thermal Energy:

Ukrainian Industrial Portal, by Vitaliy Tsarev,  December 3, 2018
http://uprom.info/news/energy/slavutich-zmenshiv-spozhivannya-gazu-na-40-zavdyaki-kotelni-na-biomasi    (in Ukranian)


New IQ Energy Program Funds Released by EU for Energy Efficiency Projects in Ukraine - Will Support over 18,000 People and Housing Associations Planning to Improve the Energy Efficiency of Their Buildings:

EU Neighbors, December 3, 2018


Construction of Solar Power Stations with a Total Capacity of More Than 55-MW Will Begin in the Znamensky District of Kropivnitsky Oblast; A City Planning Document Is Now Being Developed:

Ukrainian Industrial Portal,  by Vitaliy Tsarev, December 2, 2018
http://uprom.info/news/energy/na-krop-zvedut-nizku-sonyachnih-elektrostantsiy  (in Ukrainian)


PV Info Link Expects Solar Demand to Reach 112-GW in 2019 - a Market Increase of Around 25%; Ukraine Among 16 Countries Worldwide That Will Achieve an Increase of More Than 1 GW in Installed Capacity Next Year:  
PV Magazine, by Sandra Enkhardt, November 30, 2018


European Bank for Reconstruction and Development Has Approved a €150 Million Loan to Syvashenergoprom LLC to Construct a 250-MW Wind Power Plant on Lake Syvash in Kherson Region:

StrategEast , November 30, 2018


During the First Three Quarters of 2018, 430-MW of Solar, Wind, Biomass, and Small Hydroelectric Power Plants Were Added in Ukraine; Solar Accounted for 83% of the Additions:

Ukrainian Industrial Portal, by Vitaliy Tsarev, November 29, 2018
http://uprom.info/news/energy/pririst-vidnovlyuvalnih-dzherel-elektroenergiyi-v-ukrayini-zris-na-65-vvedeno-430-mvt  (in Ukrainian)


Germany to Invest €10 Million in Energy Efficiency in Ukraine Within the Framework of Cooperation on the Energy Efficiency Fund; Will Convert Gas Subsidy Payments into Investments in Energy Efficiency:

Ukrainian Industrial Portal, by Eugene Gur, November 28, 2018

Tryfanivka 10-MW Solar Power Plant Hits Annual Electricity Production Target of 12.5 Million kWh Ahead of Schedule - Enough to Power Half of Households in Velykooleksandrivsky District (Kherson Region) for a Year:

SCM/Business World Magazine, November 28, 2018


Electricity Market Reforms in Ukraine: Challenges and Opportunities 
Friday, December 14,  10:00 am -11:30am
Wilson Center - 5th Floor Conference Room
Ronald Reagan Building and International Trade Center
One Woodrow Wilson Plaza / 1300 Pennsylvania Avenue, NW
Washington, DC 20004
As part of a nationwide series of reforms, Ukraine has introduced a new law reforming its electricity market. This law provides an opportunity to synchronize the Ukrainian energy system with the European Network of Transmission System Operators for Electricity (ENTSO-E) and integrate Ukraine within the European market. Why are these reforms important, and what are the benefits, drawbacks, and potential outcomes for Ukraine and its neighbors? This panel will address these questions and will discuss the findings of the new report "Electricity Market Reforms in Ukraine: Challenges and Opportunities," which provides assessments of both the hypothetical success and failure of electricity market reform in Ukraine.
Speakers:    Vsevolod Kovalchuk, CEO, State Enterprise National Power Company, Ukrenergo;  
Mykhailo Bno-Airiian, Deputy CEO for Communications and International Cooperation of National Power Company Ukrenergo; and, Andrian Prokip, Senior Associate, Ukraine, Kennan Institute; Energy Expert, Ukrainian Institute for the Future


CONTACT USUF at:  info@usukraine.org 


BIO One-on-One Partnering @ JPM

Fostering the Success of the Industry

Identify Potential BIO Biopartners
January 6-10, 2019 in San Francisco, CA 



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