News on October 19: The Council adopted the 2024 budget in the first reading, EU companies help Russia bypass sanctions
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About the state budget. Verkhovna Rada approved the draft budget for 2024 in the first reading.
About bypassing sanctions. A number of European companies circumvent EU sanctions played back a critically important role in Russia’s development of “Arctic LNG 2” – a new large-scale project for the extraction and liquefaction of natural gas in the far north of Siberia.
About the import of the Russian Federation. Kazakhstan forbade export to Russia of 106 types of high-tech goods that can be used in the war.
About energy facilities. President Volodymyr Zelenskyi put into effect the decision of the NSDC dated October 17, 2023 “On the organization of protection and ensuring the safety of the functioning of critical infrastructure and energy facilities of Ukraine in the conditions of military operations”.
About the expenditures of the 2023 budget. President Volodymyr Zelenkyi signed Law No. 10038, which makes changes to this year’s budget, namely increasing defense and security expenditures by more than 300 billion hryvnias.
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