Embargo on Russian oil and 1 billion euros from European Union: Highlights on war in Ukraine as of March 21

Author

Yulia Ustymovych

The twenty-sixth day of the war against the Russian occupiers continues in Ukraine. This day has been quite eventful for business, politics, and economics. has compiled a digest that will help you to know the situation in Ukraine.

The major developments of the day are:

The government launched a program to help Ukrainians who were forced to leave their homes over the Russian invasion. The state will pay every displaced person in Ukraine a minimum monthly allowance in the amount of 2,000 UAH. Payment can be obtained through Diis, on a card in a bank. Also, 3,000 UAH will be paid for each child who, over the war, was forced to move to safer regions.
On March 21, EU foreign ministers will consider the fifth package of sanctions against Russia. The list of sanctions is planned to be significantly expanded by including new names. An embargo on Russian oil is also being discussed in Brussels.
The European Union will increase funding for arms supplies to Ukraine up to 1 billion euros, German Foreign Minister Annalena Baerbock reported. However, the head of the German Foreign Ministry did not disclose the details of providing weapons to Ukraine in order to secure these supplies.

Economy

The Chinese Foreign Ministry stated that the Chinese Red Cross will provide Ukraine with an additional 10 million yuan ($1.57 million) in humanitarian aid. According to the Chinese Embassy in Ukraine, this is the aid provided by the Chinese side, taking into account the development of the current situation and relevant needs.
Ukraine will continue to service the public debt, despite the war, said Yuriy Butsa, Commissioner for Public Debt Management. He also called on businesses to break economic ties with Russia.

Politics

The US Senate will consider a bill to "stop normal trade relations with Russia" this week. 424 members of the House of Representatives voted in favor of depriving the Russian Federation of the status of the greatest trade facilitation, eight Congressmen opposed this decision. At the same time, a statement on the website of the House of Representatives notes that the bill also provides for suspending normal trade relations with Belarus.
Russian invaders are conducting mass mobilization in the territories of Donetsk and Luhansk regions. In particular, the occupiers are raising the age of those "mobilized" in ORDLO to 65 years.
Ukraine bans the use of dash cameras on cars and motorcycles during wartime in all regions of Ukraine. The caution applies to all regions of Ukraine. In particular, photographing and video filming of public roads, general purpose facilities, infrastructure facilities, checkpoints, fortifications, location, deployment or movement of units of the defense forces is prohibited.
New Zealand will increase assistance to Ukraine in countering the Russian invasion by another $5 million, Prime Minister Denys Shmyhal said. He also expressed gratitude to the Prime Minister of New Zealand and the country as a whole for supporting Ukraine.

Business

The state will pay 6,500 UAH to employers for each employed migrant from the affected regions. In this regard, Prime Minister Denys Shmyhal called on employers to hire displaced persons and continue doing business in regions where it is possible.
In the Diia app, it is again possible to pay taxes online for sole proprietors of all groups.
Already 40 Ukrainian enterprises have been moved from the zone of active hostilities under the program for the relocation of production facilities. Of these, 18 companies resumed their work in a new location. In the near future, the capacities of another 299 companies will be transferred to a new place of work.

Context.

Earlier, we reported about the battle casualties of the Russian invaders on March 21, 2022—they are provided by the General Staff of the Armed Forces of Ukraine every day.
We also provided up-to-date information on the Russian-Ukrainian war as of March 21, 2022—the 26th day of the active Russian invasion.
In addition, the United States plans to provide Ukraine with weapons worth $800 million, and European countries are ready to improve Ukrainian air defense. How this assistance will look in practice, see the following link.