Business news from Ukraine

Erdogan and Putin plan to meet in 10 days

Turkish President Recep Tayyip Erdogan intends to visit Russian Federation next week and meet with Russian President Vladimir Putin to discuss the renewal of the Black Sea grain agreement, Bloomberg wrote Monday, citing information from two Turkish officials familiar with the matter.

“Erdogan may travel to Russia on Sept. 8 before heading to India to attend the G-20 summit in New Delhi, the interlocutors said. The Turkish presidential administration declined to comment to Bloomberg,” the report said.

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PRESIDENTS OF POLAND AND UKRAINE TO MEET IN US DURING SESSION OF UNITED NATIONS GENERAL ASSEMBLY

During the 76th session of the United Nations General Assembly (UNGA), the presidents of Ukraine, Poland, Moldova and the Prime Minister of Georgia will meet, according to the official website of the President of Poland.
According to the published schedule, President of Poland Andrzej Duda and his wife will visit the United States on September 21-24, 2021.
On the first day of the visit, September 21 at 20:00, Duda is scheduled to meet with President of Ukraine Volodymyr Zelensky, President of the Republic of Moldova Maia Sandu and Prime Minister of Georgia Irakli Garibashvili.

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BIDEN, ZELENSKY TO MEET ON AUG 31

The meeting of the Presidents of Ukraine and the United States, Volodymyr Zelensky and Joseph Biden, will take place on August 31 in Washington, Ukrainian Foreign Minister Dmytro Kuleba has said.
“In connection with the extension of the elements of the visit program, the meeting of the heads of state of Ukraine and the United States, Presidents Biden and Zelensky, will take place on August 31,” Kuleba said at an online briefing on Thursday.
The minister said that it was agreed to postpone the date of the meeting, in particular, due to the fact that the format of the meeting of the presidents was expanded, and now it will envisage not only a meeting of delegations, but also a face-to-face meeting. According to him, the head of the Ukrainian state will begin a visit to the United States at the invitation of the President of the United States on August 30 and will visit not only the capital of Washington, but also the state of California.
“The agenda will include a number of important events in Washington DC and the state of California. These are two basic points for the president’s visit. No president of Ukraine has been so far in the United States before, never visited another U.S. coast in the Pacific Ocean, although it is the state of California where the largest IT companies, high-tech space industry is located, and this is exactly where Ukraine has strong trump cards,” he said.
Kuleba added that the president would visit the state of California to create new opportunities for interaction between the United States and Ukraine in these areas and attract new U.S. investments in the Ukrainian economy.

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HUNGARIAN PRIME MINISTER ORBAN READY TO MEET WITH UKRAINIAN PRESIDENT

Hungarian Prime Minister Viktor Orban is ready to meet with Ukrainian President Volodymyr Zelensky, said Hungarian Minister of the Prime Minister’s Office Gergely Gulyás.
“Ukraine is a very important neighbor of Hungary. Therefore, we are ready to meet. It rests with Ukraine to decide,” Gulyás said in an interview with Varosh published on Thursday.
He stressed that there are no additional conditions for this meeting.
“The Hungarian Prime Minister is ready to meet with Volodymyr Zelensky,” Gulyás added.

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POROSHENKO MEETS WITH EBRD PRESIDENT CHAKRABARTI

President of Ukraine Petro Poroshenko has met with President of the European Bank for Reconstruction and Development Suma Chakrabarti, the presidential press service has reported.
“We have a great history of cooperation between Ukraine and the EU. Today, the Beskydsky tunnel was opened – the largest infrastructure project in Ukraine, implemented with the help of international partners, including the EBRD. I am sure that every year we can jointly implement a number of major projects in different spheres,” the president of Ukraine emphasized.
The two discussed the state and prospects of Ukraine-EBRD partnership development. The Ukrainian president called on the president of the EBRD to double the funding of the projects and expand the scope of their implementation in Ukraine.
The presidents paid special attention to the implementation of reforms in the banking, energy and energy efficiency spheres.
They noted that the meeting of the National Investment Council to be held on May 25 should be an important event for presenting the results of the reforms to foreign investors and attracting investments for Ukraine’s economic development.
The president of the European Bank for Reconstruction and Development expressed willingness to continue supporting Ukraine on the way of implementation of structural reforms in the economy.

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POROSHENKO MEETS WITH LEADERS OF GENERAL ELECTRIC, SUMITOMO AND MARUBENI

President of Ukraine Petro Poroshenko has held a meeting with the management of General Electric, Sumitomo and Marubeni prior the meeting of the National Investment Council on Friday.
They discussed the implementation of the contract concluded at the beginning of the year between PJSC Ukrzaliznytsya, PJSC Ukreximbank and General Electric U.S. regarding procurement, modernization and leasing of locomotives, the presidential press service reported.
The president informed of the opening of the Beskydsky railway tunnel, which will expand Ukraine’s transport and export opportunities.
General Electric Vice President Jamie Miller praised the course of reforms in Ukraine that contribute to the country’s development.
The parties discussed the participation of General Electric in the implementation of other projects, in particular, rural medicine project.
He also met with leaders of the Japanese companies Sumitomo and Marubeni.
The president noted the effective cooperation between Ukraine and Japan.
Poroshenko thanked the Japanese side for its large-scale projects, including the construction of the Boryspil Airport and the reconstruction of the Bortnychi aeration station.
The president separately noted the assistance of the Japanese side in implementing a number of humanitarian projects in Donbas.
The parties also discussed the issues of cooperation in the field of nuclear safety, energy saving technologies and infrastructure projects.

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