President of Ukraine Volodymyr Zelensky has said that in 2020, bilateral trade between Ukraine and Qatar doubled, despite the spread of the coronavirus pandemic, the press service of the head of state reported.
“Trade and economic cooperation underpins our relations with Qatar. I am pleased that bilateral trade following the results of such a difficult “pandemic” year 2020 reached high levels – almost $150 million. This is twice as much as, for example, in 2018. And this year, the momentum of trade between our countries has also been increased,” Zelensky’s press service said, quoting the president as saying in an interview with Qatari media outlets.
According to Zelensky, “the potential for trade and economic cooperation with Qatar can be much higher.”
Among examples of opportunities for bilateral economic growth, Zelensky noted the concession of the Ukrainian port of Olvia by the Qatari company QTerminals, as well as the implementation of domestic Ukrainian national programs to attract foreign investors.
He recalled that “in February 2021, he signed a law on so-called “investment nannies,” which provides strategic investors, whose investment amount exceeds EUR 20 million, with state support.”
In addition, “the Big Construction project, which provides for the construction of roads and other infrastructure facilities, is promising for investors.”
Also, according to Zelensky, “in the summer of 2021, a land reform, which establishes transparent relations in the agricultural sector and creates conditions for investing in livestock, agricultural processing, and logistics infrastructure, will start in Ukraine.”
Top 20 countries Ukraine has posted the highest surplus of trade in goods in 2020 (thsd usd).
SSC of Ukraine
TOP 20 countries Ukraine has posted the highest surplus of trade in goods in Jan-Nov of 2020 (thsd USD).
SSC of Ukraine
Top 20 countries Ukraine has posted the highest surplus of trade in goods in Jan-Oct of 2020 (thsd USD).
SSC of Ukraine
Ukraine is open to negotiations on trade liberalization with Serbia, Albania and Bosnia and Herzegovina, Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka has said.
“We have a free trade area with part of the region’s countries through the Ukraine-EU Association Agreement. We have bilateral free trade area agreements with North Macedonia and Montenegro. And we are always open to talks about trade liberalization with Serbia, Bosnia and Herzegovina and Albania,” the trade representative wrote on Facebook.
Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Deputy Prime Minister, Minister of Foreign Affairs and Expatriate Affairs of the Hashemite Kingdom of Jordan Ayman Al-Safadi discussed the issue of trade development and the role of Ukrainian exports in strengthening food security in Jordan.
According to the website of the Ukrainian Foreign Ministry on Monday, during a telephone conversation with his Jordanian counterpart, Kuleba spoke in favor of the restoration of the meetings of the joint Ukrainian-Jordanian commission on trade and economic cooperation in 2021.
Al-Safadi, in turn, supported the proposal of his Ukrainian counterpart to send a delegation of Jordanian business to Ukraine to get acquainted with the opportunities that our state provides for mutually beneficial trade and investment.
The parties also discussed the attraction of Jordanian students to study at Ukrainian universities, the development of events in the Middle East and North Africa region, further cooperation between Ukraine and Jordan within the international organizations. The ministers also exchanged invitations to carry out bilateral visits after the improvement of the epidemic situation.
