Business news from Ukraine

Ukraine and UK discuss investments and trade

During the meeting, Deputy Head of the Office of the President Yulia Kovaliv and British Ambassador to Ukraine Melinda Simmons discussed issues of enhancing trade relations and investments between the countries as part of the implementation of the Agreement on Political Cooperation, Free Trade and Strategic Partnership.

“Today, at a meeting with British Ambassador to Ukraine, Ms. Melinda Simmons, we discussed issues of enhancing trade relations and investments in the framework of the implementation of the Agreement on Political Cooperation, Free Trade and Strategic Partnership,” Kovaliv wrote on her Facebook page.

She also recalled that thanks to the Memorandum with UKEF signed in October 2020, the UK will be able to provide loan guarantees of up to GBP 2.5 billion for British-Ukrainian trade contracts.

“The access of business of both countries to the instrument of loan guarantees will enable to intensify cooperation and stimulate investments in the economy,” Kovaliv added.

,