Business news from Ukraine

POROSHENKO HOPES FOR FURTHER INCREASE IN INVESTMENT AND TRADE WITH SWITZERLAND

8 September , 2016  

KYIV. Sept 8 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko during a meeting with President of the National Council of Switzerland Christa Markwalder in Kyiv noted an 8.3% rise in Swiss investments in Ukraine in the first half of 2016.

According to the presidential press service, Poroshenko stated this is the first visit of the head of the lower house of the Swiss parliament to Ukraine.

“He expressed hope the next meeting of the Ukrainian-Swiss committee for trade and economic cooperation to be held in Kyiv in late September will contribute to a further increase in the pace of trade and investment between the two countries,” the report says.

The head of state thanked the Swiss side for the principled position as for non-recognition of the occupation of Crimea by the Russian Federation and the steps taken to prevent the use of Switzerland for Russia’s bypassing the sanctions imposed by the EU.

“Poroshenko said Ukraine strictly adheres to the course on the implementation of the Minsk agreements. He noted the prerequisite for progress in resolving the situation in Donbas is Russia’s starting the fulfillment of the obligations undertaken in the sphere of security,” the report reads.