Business news from Ukraine

Forum on Ukraine’s recovery opens in Turkey

The Forum for the Reconstruction of Ukraine is taking place in Istanbul. It began with a meeting between Turkish Trade Minister Omer Bolat and Minister of Transport and Infrastructure Abdulkadir Uraloglu and Vice Prime Minister of Ukraine Oleksandr Kubrakov.

“We held fruitful meetings with Omer Bolat and Abdulkadir Uraloglu, who organized the Ukraine Reconstruction Forum, an initiative that promotes cooperation in the recovery and development of the affected regions. This demonstrates a strong commitment,” Kubrakov wrote on social network X.

He noted that the forum will help increase the trade potential of the countries, expand logistics and foreign economic relations.

“We have a common goal: The Black Sea should become a zone of cooperation, trade and economic growth. It is important to attract private investment in infrastructure rehabilitation. This year, projects aimed at restoring energy, housing, critical and social infrastructure are prioritized,” Kubrakov said.

The Turkish Minister of Trade, for his part, emphasized that the experience gained from successful projects implemented by Turkish contractors in different regions of the world to date will become a cornerstone of cooperation between the two countries, especially in the reconstruction of Ukraine.

“In addition, together with Kubrakov, we have made important assessments of increasing the volume of mutual trade and strengthening economic relations between the two countries,” he wrote in X.

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International conference on Ukraine’s recovery with Greek business to be held in Athens

An international conference on the restoration of Ukraine with the involvement of Greek business will be held in Athens, Greece, on February 15, 2024, the press service of the Ukrainian government said on Monday.

“January 15, 2024 will mark 32 years since the establishment of diplomatic relations between Ukraine and Greece. Today, it is extremely important to resume the activities of the intergovernmental joint Ukrainian-Greek working group on economic, industrial, technical and scientific cooperation, the Ukrainian part of which I head. It is important that we have agreed on the date of the next meeting and started the preparation process,” said Oleh Nemchinova, Minister of the Cabinet of Ministers of Ukraine, following a meeting with Ambassador Spyridon Lambridis, Special Envoy of the Ministry of Foreign Affairs of Greece to Ukraine.

The parties discussed cooperation between the two countries, as well as the readiness of the Greek side to participate in the restoration of architectural monuments and the historical center of Odesa, which were damaged during the Russian aggression. In particular, Mr. Lambridis informed about Greece’s intention to open a special office in Odesa to restore Odesa region.

In addition, the parties discussed preparations for the planned events, namely the announcement of an international conference on the restoration of Ukraine with the involvement of Greek business to be held in Athens on February 15, 2024.

The key issues to be addressed during the conference are the preparation of a plan for the reconstruction of Ukraine (aspects of planning and financing reconstruction projects with the participation of European agencies and the Ukrainian government), an institutional mechanism for business (presentation of a mechanism for business circles to be involved in reconstruction projects with the participation of Ukrainian government experts and business representatives with regional reconstruction experience), opportunities for cooperation in certain areas (presentation of a mechanism for business

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