Business news from Ukraine

Business news from Ukraine

BRITISH FOREIGN SECRETARY LIZ TRUSS PROMISES TO VISIT UKRAINE AND RUSSIA

British Foreign Secretary Liz Truss, who canceled her visit to Ukraine due to coronavirus (COVID-19) disease, said that she would go to Kyiv as soon as possible, and also plans to visit Moscow.
“She expressed her deep disappointment at being unable to travel to Ukraine this week, but hopes to reschedule her visit soon and said she plans to visit Moscow shortly,” according to a press release posted on the UK Foreign, Commonwealth and Development Office’s website, following a conversation between Truss and his Ukrainian counterpart Dmytro Kuleba.
Truss herself also said on Twitter that she would travel to Ukraine “as soon as possible.”
The British and Ukrainian Foreign Ministers discussed, in particular, “how responding decisively and strongly to the Kremlin now will help deter future as well as present Russian aggression.”
On Monday, Truss said she had infected with COVID-19 and would work from home during the lockdown. That is why she was not able to accompany British Prime Minister Boris Johnson during his visit to Ukraine on Tuesday, as previously planned.
On January 30, the prime minister’s office said that Truss would pay a visit to Moscow in the next two weeks.

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INDIAN-BASED INDEGENE PLANS TO OPEN OFFICES IN UKRAINE

Indian-based Indegene, in which Carlyle and Brighton Park Capital announced a $200 million investment for global expansion and acceleration of M&A deals a year ago, plans to open offices in Lviv (Ukraine), Krakow and Rzeszow (Poland), as well as Guadalajara (Mexico) for healthcare consulting and life sciences research.

“We are very impressed with the deep talent pool in Mexico, Poland and Ukraine. They have contemporary digital skills, great analytical abilities, and a nuanced understanding of user experience. We look forward to enhancing it with life sciences expertise and modern business process knowledge. Together, these skills open up tremendous career opportunities for a diverse, local talent community in a purpose-driven industry,”Manish Gupta, the co-founder and CEO of Indegene. Said.

Indegene, founded in 1998 by five entrepreneurs, has become a major player in the digital transformation market for medicine and healthcare. With more than 3,000 employees in North America, Europe, China, Japan and India, Indegene provides technology platforms and commercialization services to pharmaceutical, biotech and healthcare companies and has completed at least seven M&A transactions over the years.

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UKRAINIAN-BRITISH TRADE RAISES UP BY 60% OVER TWO YEARS

The growth in the volume of bilateral trade between Ukraine and the UK thanks to the free trade agreement has increased by 60% over two years, President of Ukraine Volodymyr Zelensky said during a briefing with British Prime Minister Boris Johnson for media representatives.
The President noted that the Agreement on Political Cooperation, Free Trade and Strategic Partnership signed the year before last is working successfully, which is proved by a 60% increase in bilateral trade between Ukraine and the United Kingdom.
He also added that the parties agreed to start negotiations on further trade liberalization.

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UKRAINE, TURKEY MAKE AGREEMENT ON FTA

Ukraine and Turkey will reach an agreement on signing an agreement on a free trade area (FTA) in the next two days, President Volodymyr Zelensky has said.
“We are getting ready to give a powerful economic signal, to sign an FTA agreement with Turkey already within these two days. Our groups are working. I am sure that we will agree,” he said, speaking at the Verkhovna Rada on Tuesday.

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