KYIV. June 6 (Interfax-Ukraine) – Fujikura Automotive Ukraine Lviv LLC, controlled by the Japanese manufacturer of electrical equipment and telecommunications systems Fujikura, plans to open two additional plants in Ukraine with an area of 10,000 square meters in Vinnytsia and Cherkasy for 1,500 new jobs each, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said.
“Fujikura says it assessed the prospects of work in Ukraine and decided that there are wonderful specialists, opportunities and conditions here,” he wrote on his Facebook page following a meeting of the Ukrainian committee of economic cooperation with the Japan Business Federation Keidanren.
Kubiv added Fujikura Automotive Ukraine Lviv also plans to expand the work of two major enterprises in Lviv region and increase the number of employees from 2,000 to 3,000.
Fujikura was founded in Japan in 1885 and gradually expanded to an international corporation engaged in innovative technologies. The turnover of the company exceeds EUR5 billion per year. The company’s representative offices operate in the United States, Singapore, Malaysia, Great Britain, Vietnam, and India. Its staff exceeds 50,000 employees worldwide.
LVIV. June 6 (Interfax-Ukraine) – The tender commission for selecting investors to construct incineration plants in Lviv region has recognized as winners all three companies that participated in the second round of the tender.
The commission announced this decision at a meeting on May 31.
Thus, Investment and Environmental Company, Glasswork Technology LLC and Waste Management Systems LLC got the right to implement their projects.
At the same time, the commission chairman, the deputy head of Lviv Regional State Administration, Iryna Hrymak, told reporters the winners will offer several more land plots where incineration plants could be built.
“We have a number of sites in Mykolaiv, Sokal, Yavoriv, Drohobych and Mostyska districts. There will be more plots for the communities to get a chance to host investors,” she said.
KYIV. June 6 (Interfax-Ukraine) – Canada’s governor-general signed on June 1 a free trade agreement with Ukraine, which was agreed earlier by the House of Commons and the Senate, Ukrainian President Petro Poroshenko said on his Facebook page.
In addition, Ukraine’s ambassador to Canada Andriy Shevchenko wrote on Twitter that “the free trade agreement between Ukraine and Canada has received royal assent.”
“Taking into account the ratification by the Dutch Senate of the agreement on association between Ukraine and the EU, this decision has more than symbolic significance… Both Canada and the Netherlands virtually simultaneously took a decisive step towards the formation of the Ukraine-Canada-EU free trade triangle. After completing all formal procedures, this triangle will unite the three regions on the two continents based on the joint commitment to liberal values and ideas,” reads the statement said on the president’s page.
According to Poroshenko, these decisions are the evidence of the efficiency of reforms implemented in the country, a stimulus for strengthening internal reforms and a powerful signal for international partners.
KYIV. June 6 (Interfax-Ukraine) – Prime Minister of Ukraine Volodymyr Groysman and Chairman of the Committee on Business Cooperation with Ukraine of the Japan Business Federation Keidanren Teruo Asada at a meeting in Kyiv have discussed the prospects of attracting Japanese business, including the establishment of Japanese production in Ukraine.
“I want to thank Japan for the full support of Ukraine – both economic and political. We deeply appreciate our relations and are interested in developing them. We have good signals on bilateral trade and good opportunities to attract Japanese companies to the Ukrainian market. We welcome the activities of Japanese businessmen in Ukraine,” Groysman said.
He assured the Japanese guest that Ukraine is committed to carrying out “important and complex reforms” this year.
“And the growing economy is a good signal for investment. Especially since we have a wide range of cooperation areas – from IT to agriculture and infrastructure. We are interested in creating real production in Ukraine,” the prime minister added.
Teruo Asada, in turn, stressed that Japanese business could be very useful for Ukraine, as it is interested in such areas as renewable energy, construction of high-speed highways, including on a concession basis, modernization of port infrastructure.
“Your country can be proud of human capital, which is very attractive to Japanese enterprises. And we hope for the success of the reforms announced by your government aimed at improving the business climate. We are committed to investing in Ukraine, and I think our countries will be able to develop a strategy for cooperation under a win-win formula,” the expert said.
Representatives of civil society, parliamentarians of Ukraine, Poland and Lithuania have agreed in Warsaw to establish an Interparliamentary Forum “The Transformation of Ukraine.” Lawmakers from Germany and Canada will also join. The Forum is to start its work officially from June after a joint meeting of parliamentarians from those countries and the adoption of a respective statement.
This was announced following a visit of delegates of the National Forum “Transformation of Ukraine,” including member of the supervisory board, President of the Ukrainian League of Industrialists and Entrepreneurs Anatoliy Kinakh, Forum coordinator Mykhailo Khariy, as well as representatives of the same parliamentary groups, namely MP Leonid Kozachenko, MP Yuriy Derevyanko, MP Vadym Ivchenko to the capital of Poland.
The Interparliamentary Forum, which is to be created, will be in charge of the strategy for rebuilding a law-governed Ukraine with an attractive economy as part of the European family. It will help to consolidate Ukrainian society for this objective and to engage foreign partners in the process, thus expanding the “circle of friends” of Ukraine.
“In addition, the interparliamentary platform’s tasks will include the adaptation of Ukrainian laws to EU standards and regulations, including through the launch of an appropriate system in the Verkhovna Rada. This issue is important for the national economy, improvement in its competitiveness,” Anatoliy Kinakh has said.
