Business news from Ukraine

EXPORT PROMOTION OFFICE GETS STATUS OF STATE-SUSTAINED INSTITUTION

The Cabinet of Ministers of Ukraine has provided the Export Promotion Office of Ukraine with the status of the state-sustained institution, while earlier it was the consultative body at the Economic Development and Trade Ministry of Ukraine. The decision was made at a government meeting.
“State-sustained institution Export Promotion Office will fulfill the service function,” Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska said at a press briefing in Kyiv on Wednesday. According to her, among the main tasks of the Office in the status of the state-sustained institution is business consulting, training and assistance in entering foreign markets. At the same time, the Office will focuse on working with small and medium-sized enterprises (SME).
As reported, the Export Promotion Office was established in November 2016 to facilitate the entry of Ukrainian companies into foreign markets.