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URN Daily: Ukraine seeks delay in EU carbon border tax. Riley Risk urges contingency planning for clients in east as fighting intensifies.

Today's Contents

Reporter's Notepad:

  • Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss

Just The Facts:

  • Ukraine to ask EU to delay introducing carbon border tax, trade envoy says
  • Ukraine's finance minister discusses reconstruction opportunities with Canadian investors
  • Ukraine, Poland partner on regional policy, recovery, EU integration
  • Polish logistics service provider Rohlig SUUS opens subsidiary in Ukraine

Here's What They Think:

  • Politico: Putin is ready for a forever war in Ukraine
  • Atlantic Council: US-Ukraine minerals deal combines economic cooperation with security interests

Sober Second Thought:

  • SEPA membership could save up to €100 million annually to Ukrainian businesses and citizens, study finds

The Rebuilder's Social:

  • BDO Ukraine launches guide for UK investors to the reconstruction and Innovo Group hosts UK businesses and politicians. The government launches the GovTech pulse recurring survey and lauds businesses operating near the front line.

Dear readers,

In URN's Partner Program, we ally with reputable companies who devote their expertise to informing investors about the risks and possibilities in Ukraine. In the legal and regulatory landscape, logistics, tax and accounting, agriculture, and many other areas, we partner with firms who, above all, help inform our readers.

Every Thursday, we bring you the you the weekly intelligence summary by Riley Risk, the premier security risk advisory firm for complex environments, crafted exclusively for URN for the purpose of keeping companies, NGOs, agencies and other organizations aware of the physical security risks of operating in Ukraine.

For the full report, download here:

Below are some of the main charts:

Riley Risk warn clients in eastern Ukraine to accelerate contingency planning as fighting intensifies

Intelligence Summary, May 22

Current Regional Status Overview

RegionCurrent Risk LevelChange FactorKey Triggers
NorthMODERATEDegradingIncursion into Sumy Oblast
EastHIGHDegradingTactical Disadvantages / Land
SouthHIGHDegradingRU Offensive ZP / KHER
WestMODERATENo ChangeMissile / Drone Strikes

Current Infrastructure Status

EnergyFood/WaterMedicalCommunicationsTransportation
ONLINEONLINEONLINEONLINEONLINE

Infrastructure Notes: Limited infrastructure interruptions other than power outages.

Critical Risk Zones:

●      Kostyantynopil direction – Unstable and Russian forces pushing West.

●      Chasiv Yar: High combat activity, likely to fall within 1-2 months

●      Kherson City: Increased civilian targeting, daily shelling

●      Pokrovsk direction - Highly under threat, but for the moment stabilised

●      Sivers’k direction - Future intent of RU forces: Possibly to envelop the surrounding area.

Elevated Risk Sectors:

●      Pokrovsk: Russian encirclement attempts ongoing

●      Kupyansk: Supply hub under pressure

●      Zaporizhzhia: Military buildup, offensive operations have now started

Stable Sectors:

●      Western regions: Normal operations possible

●      Kharkiv: Static front, limited changes

●      Central regions: Routine operations continuing 

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