Business news from Ukraine

Business news from Ukraine

Ukraine and Côte d’Ivoire plan to expand trade and economic cooperation

Following the agreements between President of Ukraine Volodymyr Zelensky and President of the Republic of Cote d’Ivoire Alassane Ouattara, Deputy Head of the Office of the Head of State Ihor Brusilo held an online meeting with Minister of Economy and Development of Cote d’Ivoire Niale Kaba.

The key topic of discussion was activation of mutually beneficial cooperation in promising sectors of economy: agricultural industry, trade, infrastructure projects and professional training of Ivorian students in Ukrainian higher educational institutions. Côte d’Ivoire expressed readiness for partnership, in particular due to the beginning of direct dialog between the sectoral ministries.

Special attention is paid to the expansion of the legal framework of bilateral relations in trade and economic sphere. This will ensure favorable interaction in many sectors.

In addition, Brusilo and Kaba agreed on practical steps aimed at the implementation of the agreements reached.

The meeting was also attended by: Deputy Minister of Economy of Ukraine Taras Kachka, Deputy Minister of Agrarian Policy and Food Oksana Osmachko, Director General of the Directorate for Foreign Policy and International Military-Technical Cooperation of the Office of the President Ruslan Kurochenko and representatives of the Ministry of Foreign Affairs.

 

 

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Presidents of Serbia and Ukraine discuss cooperation issues

President of Ukraine Volodymyr Zelenskyy announced talks with President of Serbia Aleksandar Vucic, during which the parties discussed issues of cooperation between the two countries.
“I spoke with the President of Serbia, thanked Aleksandar for supporting our country and our people. We discussed our cooperation – bilateral and also with other partners,” Zelenskyy said in a Thursday evening video address.
He noted that he greatly appreciates the Ukrainian-Serbian dialogue. “Maximum constructive relations for Ukraine and joint security with partners,” the Ukrainian president added.

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Ukrainian Association of Fintech and Innovative Companies and Entrepreneurship Development Fund sign memorandum of cooperation

September 24, 2024, Kyiv – As part of the Access2Finance conference, after the panel discussion “Sources of Financing for Small and Medium-Sized Businesses (SMEs)”, an important event took place – the signing of a memorandum of cooperation between the Ukrainian Association of Fintech and Innovation Companies (UAFIC) and the Entrepreneurship Development Fund.

The memorandum was signed by Rostyslav Dyuk, Chairman of the Board of UAFIC, and Viktor Katrenych, Deputy Chairman of the Board of the Entrepreneurship Development Fund. The purpose of the agreement is to strengthen cooperation between the organizations to support regional economic development and strengthen the position of small and medium-sized enterprises (SMEs) in Ukraine.

The memorandum pays special attention to supporting veteran and women-owned businesses, which is one of the key aspects of social responsibility. The parties also intend to promote the implementation of the principles of sustainable development and ESG (environmental, social and governance criteria), which are important for ensuring sustainable economic growth and increasing the competitiveness of Ukrainian entrepreneurs.

The parties agreed on joint initiatives aimed at increasing SMEs’ access to finance, promoting regional economic activity, and introducing the latest technological solutions for business development.

“The signing of this memorandum is an important step for UAFIC towards expanding opportunities for small and medium-sized enterprises in Ukraine. It is important that as part of our cooperation we will focus on supporting veteran and women-owned businesses, which are the basis for creating a more inclusive and sustainable economy. In addition, the implementation of ESG principles will be a key aspect for increasing the competitiveness of Ukrainian enterprises,” said Rostyslav Dyuk, Chairman of the UAFIC Board.

“For the Fund, the top priority is to support Ukrainian business, especially in such difficult times. In addition, this is exactly the period when it is necessary to involve businesses in the implementation of ESG standards and further develop in this direction for the successful implementation of economic activities. That is why we are pleased to sign a memorandum with UAFIC to jointly support entrepreneurs in our country,” said Viktor Katrenych, Deputy Chairman of the Board of Ford Entrepreneurship Development.

The signing of this memorandum is an important step in strengthening Ukraine’s economy, improving the business climate and supporting entrepreneurship that meets the principles of sustainable development.

The memorandum was signed at the Access2Finance conference, which was supported by the USAID Project Investing for Business Sustainability.

 

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Zelenskyy and Stubb discuss defense cooperation and drone production

During his working visit to New York, Ukrainian President Volodymyr Zelenskyy met with Finnish President Alexander Stubb to discuss the situation on the battlefield, Ukraine’s defense needs, and international cooperation.
According to the press service of the Ukrainian president, “the meeting discussed Ukrainian-Finnish defense cooperation, specifically the joint production of drones and the exchange of experience in this area.”
Zelenskyy noted that Ukraine needs air defense systems, including man-portable air defense systems. He also briefed his interlocutor on the current stage of implementation of the agreements reached during the NATO summit in Washington.
“Volodymyr Zelenskyy emphasized that it is important for Ukraine to obtain permission from its partners and the means to strike deep into Russian territory,” the press service reports.
The parties also discussed what international efforts are needed to achieve a lasting and just peace for Ukraine, as well as the role of the Global South in this process.

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Japan International Cooperation Agency JICA and Ministry of Culture of Ukraine plan cooperation

Japan International Cooperation Agency JICA and the Ministry of Culture and Information Policy of Ukraine intend to cooperate in the restoration of cultural infrastructure.

“We are working on bringing the storage facilities for cultural property in museums in line with technical requirements. We also need the creation of a specialized depository, in particular, the development of project documentation and financial support for technical re-equipment. In addition, another global project is the renovation of the National Restoration Center. This institute is working at the maximum of its capabilities, but in rented unsuitable premises. We have already found premises for re-location. Now it will be necessary to re-equip and improve the qualifications of employees”, – Acting Minister Rostislav Karandeev is quoted by the press service of the Ministry after a meeting with the team of the Japanese Agency for International Cooperation JICA.

Ot also noted the information challenges, said that Ukraine is actively strengthening work with the frontline territories, the most exposed to the influence of enemy propaganda, and emphasized the interest in cooperation in information support of these regions.

“Our team is engaged in the reconstruction of Ukraine. We are providing assistance that aims to provide emergency needs, but we are also interested in cooperation on cultural issues because we understand its potential,” Naomichi Murooka, deputy director general of the Local and Regional Development Group of the Infrastructure Management Department of JICA’s head office, said at the meeting.

 

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Hamburg mayor to meet with Vitaliy Klitschko today

Mayor of Hamburg (Germany) Peter Tschentscher (Peter Tschentscher) has arrived on a visit to Kiev and intends to discuss with the mayor of the Ukrainian capital Vitaliy Klitschko the issues of cooperation between the cities.

“Today I am communicating with Vitaliy in the Ukrainian capital about support within the framework of our “Pact for Solidarity and Future”. I would like to meet Kiev, express our solidarity and discuss cooperation between our cities,” Cencher wrote on social media X on Monday.

“The people of Ukraine are resisting Russian aggression with courage, perseverance and great strength. Our support must continue until the war is over and reconstruction begins,” the Hamburg mayor added.

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