- Ukraine and Russia signed several agreements on gas and oil cooperation.
- The real GDP grew by 13.5% yoy between January and July, partially due to a recovery in the agricultural sector.
- This year Ukraine has already harvested nearly 35 m tons of grain, that is 75% more than the total harvest in 2003.
- Despite protests by ecological groups of the EU, Ukraine opened the Danube-Black Sea deep-water navigation canal.
- Within the framework of the WTO negotiations, Ukraine signed a protocol with Argentina for accession to markets for goods and services.
- Fiscal expenditures were executed at 90% of the budgeted level despite an accumulation of UAH 10.6 bn in the state accounts.
- Continuing its policy of suppressing monetary expansion, the NBU changed the reserves requirement ratios for commercial banks.