Business news from Ukraine

Business news from Ukraine

Japan External Trade Development Organization to open office in Ukraine

20 August , 2024  

The Ministry of Economy has registered a representative office of the Japan External Trade Organization (JETRO), which will soon open in Ukraine.

“The opening of the JETRO office in Ukraine is a strategic step, the result of productive negotiations with the government of Japan, and marks the beginning of a new era of cooperation between our two countries,” Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, was quoted on the ministry’s website on Tuesday.

“We strive to create an attractive business environment that will attract Japanese investment and promote a strong partnership between Ukrainian and Japanese companies,” he added.

According to him, Japan plans to provide $188 million for Ukraine’s economic recovery projects, focusing on energy, utilities, critical infrastructure, humanitarian demining, and business support.

“The establishment of the JETRO office will accelerate the introduction of Japanese technologies in our country and open new markets for Japanese brand products to be manufactured in Ukraine,” Kachka said.

JETRO (Japan External Trade Organization) is an office of the Japan External Trade Organization, an independent administrative body under the auspices of the Ministry of Economy, Trade and Industry of Japan, established to promote trade and economic cooperation with other countries.