A Ukrainian-Austrian business forum will be held in Vienna in late October to deepen trade and economic relations between Ukraine and EU countries, including Austria, to encourage Ukrainian exports to the West, and to boost the process of attracting investment in our country. Representatives of the Ukrainian League of Industrialists and Entrepreneurs (ULIE), the Chamber of Commerce and Industry of Ukraine and the Austrian Federal Economic Chamber will take part in the event. ULIE President Anatoliy Kinakh and President of the Austrian Federal Economic Chamber Christoph Leitl reached such an agreement in Vienna.
“Hopefully, there will be specific arrangements for productive cooperation in the areas of common interest – the processing of agricultural products, where Austria has a very good tradition, as well as the use of new technologies in agriculture, industry, energy conservation and energy efficiency, renewable energy, joint ventures. The Ukrainian side, of course, is very interested in foreign investment, and Austrian businessmen, representatives of the banking sector are ready to think about it, having pledged the support of organizations of business cooperation in Ukraine,” Anatoliy Kinakh said.
While meeting in Vienna, the parties stressed the need to strengthen cooperation between the two structures – the Ukrainian League of Industrialists and Entrepreneurs and the Austrian Federal Economic Chamber – by signing a corresponding agreement during the business forum. The first agreement between the two organizations was adopted ten years ago, when preparations for the Association Agreement between Ukraine and the European Union were under way and there was no free trade zone. New circumstances require new action plans, new quality of work, based on Ukraine’s tasks to move more efficiently through integration into the European, global economy.
“Certainly, any deepening of contacts, providing them with practical content will facilitate the adaptation of the Ukrainian economy to the conditions of the EU, expanding its markets here, in Europe. From our side, interest in Ukraine’s markets, investment opportunities, joint ventures remains very high, despite some risks. We are committed to work more actively,” President of the Austrian Federal Economic Chamber Christoph Leitl said.
The parties agreed that the ULIE would take Austrian companies operating in the Ukrainian market under wing and, if necessary, will help them.
Deepening the interaction of Ukrainian industrialists and entrepreneurs with European companies, the search for new opportunities for cooperation amid oversaturation in the Western market and firmly established rules and regulations were also on the agenda of a conversation between the ULIE President and Ukraine’s Ambassador to Austria Oleksandr Shcherba.
