The agreement, signed on April 30, establishes a joint investment fund between Kyiv and Washington and grants the U.S. special access to projects developing Ukraine's natural resources.
Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
The Atesh partisan group claims it disabled communication at several Russian military facilities when it allegedly destroyed equipment at a transformer substation in the village of Mogiltsy in Russia's Moscow Oblast.
Shoppers pay at the cash registers in a Zara store, that belongs to the Spanish Inditex group, during brand store reopening in the Respublika Park shopping mall on April 3, 2024 in Kyiv, Ukraine. Since Russia launched a full-scale invasion of Ukraine on February 24, 2022, the Spanish multinational clothing company suspended its operations in Ukraine. (Yurii Stefanyak/Global Images Ukraine via Getty Images)
Zara, Bershka, Pull&Bear, and other foreign brands reopened some of their stores in Kyiv on April 3.
Shoppers wait in line for fitting rooms in a Zara store, that belongs to the Spanish Inditex group, during brand store reopening in the Respublika Park shopping mall on April 3, 2024 in Kyiv, Ukraine. Since Russia launched a full-scale invasion of Ukraine on February 24, 2022, the Spanish multinational clothing company suspended its operations in Ukraine. (Yurii Stefanyak/Global Images Ukraine via Getty Images)
Ukraine's Foreign Ministry confirmed in March that Inditex, a Spanish-owned multinational company that owns Zara and other brands, would gradually resume operations in Ukraine.
Approximately 20 physical stores will reopen in Kyiv.
Many foreign brands suspended their business in Ukraine following the outbreak of the full-scale war in 2022.
Yellow and blue shirts hang on hangers on a rack in a Zara store, that belongs to the Spanish Inditex group, during brand store reopening in the Respublika Park shopping mall on April 3, 2024 in Kyiv, Ukraine. Since Russia launched a full-scale invasion of Ukraine on February 24, 2022, the Spanish multinational clothing company suspended its operations in Ukraine. (Yurii Stefanyak/Global Images Ukraine via Getty Images)
McDonald's, H&M, the Danish jeweler Pandora, and French cosmetics company Yves Rocher are among some of the major foreign retailers that have reopened in Ukraine since then.
The foreign ministry said in a statement in March that it would continue to work on restoring international business in Ukraine, bringing in new companies in order to "deepen the country's integration into the global economy."
Elsa Court
