Business news from Ukraine

Forum on Ukraine’s recovery opens in Turkey

31 January , 2024  

The Forum for the Reconstruction of Ukraine is taking place in Istanbul. It began with a meeting between Turkish Trade Minister Omer Bolat and Minister of Transport and Infrastructure Abdulkadir Uraloglu and Vice Prime Minister of Ukraine Oleksandr Kubrakov.

“We held fruitful meetings with Omer Bolat and Abdulkadir Uraloglu, who organized the Ukraine Reconstruction Forum, an initiative that promotes cooperation in the recovery and development of the affected regions. This demonstrates a strong commitment,” Kubrakov wrote on social network X.

He noted that the forum will help increase the trade potential of the countries, expand logistics and foreign economic relations.

“We have a common goal: The Black Sea should become a zone of cooperation, trade and economic growth. It is important to attract private investment in infrastructure rehabilitation. This year, projects aimed at restoring energy, housing, critical and social infrastructure are prioritized,” Kubrakov said.

The Turkish Minister of Trade, for his part, emphasized that the experience gained from successful projects implemented by Turkish contractors in different regions of the world to date will become a cornerstone of cooperation between the two countries, especially in the reconstruction of Ukraine.

“In addition, together with Kubrakov, we have made important assessments of increasing the volume of mutual trade and strengthening economic relations between the two countries,” he wrote in X.

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