Business news from Ukraine

PRESIDENTS OF UKRAINE AND BRAZIL DISCUSS STEPPING UP ECONOMIC COOPERATION

Ukrainian President Petro Poroshenko held a meeting with newly elected President of Brazil Jair Bolsonaro in Davos (Switzerland), where the World Economic Forum is taking place. During the meeting the two presidents pointed out the importance of resuming large-scale cooperation in all sectors of mutual interest.
“The parties discussed prospects of intensification of trade and economic cooperation, first of all in the military-technical, investment, energy, scientific-technical and other spheres. It was also agreed to hold a regular meeting of the Intergovernmental Commission on Trade and Economic Cooperation in the near future,” the press service of the Ukrainian head of state reported on Thursday.
The parties confirmed interest in restarting a number of industrial, energy, infrastructure and other projects suspended by the previous administration of Brazil.
“The parties stand for the need to increase the level of coordination between the two countries in the framework of international organizations, first of all the United Nations. The President of Brazil supported the independence, sovereignty and territorial integrity of Ukraine,” the press service said.
Poroshenko invited Bolsonaro to visit Ukraine.

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PRINCE OF LIECHTENSTEIN TO VISIT UKRAINE TO INTENSIFY ECONOMIC COOPERATION

Ukrainian President Petro Poroshenko will meet with Hereditary Prince of Liechtenstein Alois on Wednesday. The prince is on an official visit to Ukraine at the invitation of the head of state. “During the talks, they plan to discuss the intensification of Ukrainian-Liechtenstein political dialogue, Liechtenstein’s support for the sovereignty and territorial integrity of Ukraine, as well as the intensification of trade and economic cooperation, taking into account free trade opportunities as part of the European Free Trade Association,” the presidential press service said.
The prince will also visit Lviv. “This visit will be the first visit by a high representative of Liechtenstein since the establishment of diplomatic relations between the two states,” the report said.

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