Business news from Ukraine

UKRAINE INTERESTED IN DEEPENING TRADE WITH KAZAKHSTAN

Ukraine is interested in deepening trade with Kazakhstan in the industrial and food sectors, First Deputy Prime Minister of Economy Oleksiy Liubchenko said, following the results of the 14th meeting of the Joint Ukrainian-Kazakhstani Interstate Commission on Economic Cooperation.
“In our opinion, the indicators of mutual trade do not correspond to our capabilities. We, as a reliable trading partner and top exporter of agricultural products, are interested in increasing the volume of trade in agricultural and food products,” the Economy Ministry press service said, citing First Deputy Prime Minister.
“At the same time, we are focused on deepening bilateral cooperation in the industrial sector, in particular, in industrial cooperation in agricultural machinery, automotive technology, aircraft construction and light industry,” Liubchenko said.
The meeting of the commission from Kazakhstan was attended by Minister of Trade and Integration of the Republic of Kazakhstan Bakhita Sultanova, as well as Ambassador of the Republic of Kazakhstan to Ukraine Darkhan Kaletaev and government representatives.
The sides discussed a number of issues on the development of bilateral cooperation in agriculture, infrastructure, energy, science and technology, investment, industry, space, healthcare, transport and transit. They also touched upon tourism, IT, cooperation in public procurement under the WTO agreement, the ministry said.
In addition, the Ukrainian side proposed to the Kazakh side to consider the possibility of investing in Ukrainian industrial parks. In addition, Kazakhstani companies were offered to take part in the concession in Ukraine, the Economy Ministry said.
As a result of the meeting, a relevant protocol on economic cooperation, a Memorandum of Understanding between the Economy Ministry of Ukraine and the Ministry of Trade and Integration of the Republic of Kazakhstan on cooperation in bilateral trade and a Memorandum of Cooperation in the public-private partnership (PPP) between the PPP Agency were signed and JSC Kazakhstan Public-Private Partnership Center, according to the statement.

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KAZAKHSTAN INTERESTED IN COOPERATION WITH UKRAINE IN AGRO AND IT

Prime Minister of Ukraine Denys Shmyhal has met with Minister of Trade and Integration of the Republic of Kazakhstan Bakhyt Sultanov following the results of the 14th meeting of the joint Interstate Ukrainian-Kazakh Commission on Economic Cooperation. “Sultanov noted that Ukraine is one of the leaders in the field of agro-industrial complex and IT, therefore Kazakhstan is interested in developing cooperation in these areas,” the press service of the government said.

Shmyhal stressed that Ukraine is interested in developing cooperation with Kazakhstan and considers it an important partner in Central Asia.

“Our countries have a good potential to increase trade. I am convinced that close cooperation between our governments will contribute to further growth in the economic performance of the two countries,” he said.