Business news from Ukraine

Business news from Ukraine

UKRAINIAN PRESIDENT INVITES TURKISH BUSINESSES TO INVEST IN UKRAINE

Ukrainian President Volodymyr Zelensky has invited Turkish businesses to invest in projects in Ukraine, including in rebuilding infrastructure in its east, Donbas.
“I am pleased to invite Turkish businesses to visit us in Ukraine. I personally act as a guarantor of your comfortable work in Ukraine. Let’s grow together,” he said at a joint press conference following talks with President of the Republic of Turkey Recep Tayyip Erdogan in Ankara on Wednesday evening.
Zelensky also said that he had invited the Turkish side to take part in rebuilding infrastructure facilities in eastern Ukraine.
“We expect the Turkish side to actively participate in an international forum for the restoration of Donbas, which we plan to hold in Mariupol this autumn,” he said.
By the end of the year, Kyiv will host the next, 8th meeting of the Ukrainian-Turkish high-level strategic council, he added.

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UKRAINIAN PRESIDENT ZELENSKY INCLUDES CEOS OF GENERAL ELECTRIC, RAKUTEN, CITIGROUP TO NATIONAL INVESTMENT COUNCIL

Ukrainian President Volodymyr Zelensky has reshuffled the National Investment Council, appointing two deputies head of the Office of the President of Ukraine and introducing officials from foreign companies.
In particular, Zelensky’s decree introduces Senior Vice President, CFO of General Electric (the United States) Jamie Miller, Board Chairman and Executive Director of Rakuten Inc. (Japan) Hiroshi Mikitani, as well as CEO at Bank Citigroup Inc. (the United States) for Europe, Middle East & Africa (EMEA) David Livingston (all three by their consent) as members of the National Investment Council.
The President introduced Livingston to the National Investment Council instead of Chief Operating Officer for Europe, Middle East & Africa (EMEA) at Bank Citigroup Inc. James C. Cowles.
In addition, deputies head of the office of the President of Ukraine Oleksiy Honcharuk and Vadym Prystaiko were approved members of the council.

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UKRAINIAN PRESIDENT ZELENSKY PROMISES TO INVEST $20 BLN IN INFRASTRUCTURE IN FIVE YEARS

Ukrainian President Volodymyr Zelensky told about plans to invest at least $20 billion in infrastructure of Ukraine at the Ukrainian-Turkish business forum in Istanbul on Thursday. He also said that in the next five years, the Ukrainian economy will grow by 5-7% annually.
“Over this time, we will invest at least $20 billion in our infrastructure to repair our 24,000 km of roads, to increase the number of operating airports to 15, to develop 5 seaports, to substantially increase their capacity, to triple the capacity of our military-industrial complex,” the president said.
He also said that during this period the country will pay much attention to the development of a high-quality telecommunications sector and promised to support the lifecell mobile communications operator (the subsidiary of Turkey’s Turkcell).
“We will conduct large-scale privatization and sell hundreds of interesting objects to effective investors, create normal competitive rules in the energy markets and simplify the rules of doing business removing restrictions in the areas of labor relations and capital flow,” Zelensky said.

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ZELENSKY ARRIVES TO TURKISH REPUBLIC

Ukrainian President Volodymyr Zelensky has arrived in Turkey, Ukrainian Ambassador to Turkey Andrii Sybiha has said.
“The first official visit of Zelensky to the Turkish Republic has begun – the intense program and important meetings are ahead!” Sybiha wrote in his Twitter blog.
He posted a photo from the arrival of Zelensky.
As reported, Zelensky on August 7 and August 8, 2019 is to visit Turkey. During his visit in Ankara Zelensky is to meet with Turkish President Recep Tayyip Erdogan and representatives of the Ukrainian and Crimean Tatar communities. The Ukrainian president is to meet with Ecumenical Patriarch Bartholomew I in Istanbul.

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UKRAINIAN PRESIDENT’S MEETING WITH TRUMP IS PLANNED IN SEPTEMBER ZELENSKY

Ukrainian President Volodymyr Zelensky has said that his meeting with U.S. President Donald Trump in Washington is planned in September.
“A meeting with President Trump should be held in September in Washington,” he told Interfax-Ukraine in Truskavets on Saturday.

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DONALD TRUMP HAS TELEPHONE CONVERSATION WITH UKRAINIAN PRESIDENT VOLODYMYR ZELENSKY

U.S. President Donald Trump has congratulated Ukrainian President Volodymyr Zelensky on the Servant of the People Party’s confident win at the latest snap parliamentary elections, according to the Ukrainian president’s official website.
During a telephone conversation, Trump congratulated Ukraine on the successful holding of the free and democratic parliamentary elections.
“He reaffirmed the U.S. invariable support for the sovereignty and territorial integrity of Ukraine and America’s readiness to provide full assistance with the implementation of the large-scale reform program in our country,” the statement said.
Zelensky thanked Trump for the United States’ leading role in retaining and strengthening sanctions against Russia.

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