Business news from Ukraine

YATSENIUK ANNOUNCES FIVE PRIORITY AREAS OF COOPERATION WITH GERMANY

26 October , 2015  

KYIV. Oct 26 (Interfax-Ukraine) – Ukrainian Prime Minister Arseniy Yatseniuk has announced five areas of cooperation with Germany, summing up the Ukrainian-German Economic Forum held in Berlin.

In the TV program “Ten minutes with the prime minister” Yatseniuk said that the key fields of investment in Ukraine for German businesses are transport infrastructure, agriculture, energy, and energy efficiency.

He noted that together with German Chancellor Angela Merkel on October 23 he opened the first powerful conference in the history between Ukrainian and German businesses.

“The German business over the past year and a half has not left Ukraine but, on the contrary, is willing to continue investment in the Ukrainian economy,” Yatseniuk said.

According to him, German business representatives say that Ukraine “has done a lot but more should be done so that German investment come to Ukraine, create new enterprises, new jobs and bring new technologies here.”

The key field of German investment in the Ukrainian economy, according to the premier, is primarily transport infrastructure. He said the government has started negotiations with Germany’s Siemens to upgrade the rolling stock of Ukrainian railways and perform their modernization.