Business news from Ukraine

UKRAINIAN PRESIDENT ZELENSKY TO VISIT FRANCE AND GERMANY

Ukrainian President Volodymyr Zelensky will pay an official visit to France on June 17 and to Germany on June 18, the Presidential Administration has reported.
“The program of the visits envisages meetings of the head of state with the leadership of France and Germany, the heads of parliaments, as well as with leading French and German business representatives,” the administration said on its Facebook page on Thursday.

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U.S. PRESIDENT DONALD TRUMP INVITES UKRAINIAN PRESIDENT ZELENSKY TO PAY OFFICIAL VISIT TO WASHINGTON

Ukrainian President Volodymyr Zelensky has received U.S. President Donald Trump’s invitation to pay an official visit to Washington, the newspaper Dzerkalo Tyzhnia (Mirror Weekly) said on Saturday.
According to the newspaper, Zelensky received the invitation on May 31 and the visit may take place in August-September, “after a meeting between the U.S. president and the Russian one.”
Meanwhile, neither Washington, nor Kyiv have officially confirmed this information.

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VERKHOVNA RADA’S CHAIRMAN TO VISIT SOUTH KOREA TO DISCUSS VISA-FREE REGIME

The Verkhovna Rada’s chairman Andriy Parubiy will be on a visit to South Korea from December 10 to discuss, in particular, a visa-free regime between the two countries.
“We are on the brink of crucial decisions,” Parubiy said in an interview with Rada TV channel, adding that there are plans “to reach the finish in discussing the decision to discontinue the visa regime between Ukraine and South Korea.”
“Today South Korea is one of the most dynamically developing economies in the world. It is one of the top twenty most effective world economies. It is important that Ukraine could have a visa-free regime with South Korea as well,” the politician said.
The Ukrainian parliament’s speaker said the parties are planning to sign an agreement between the Verkhovna Rada and the parliament of South Korea that will help promote closer cooperation between the parliaments of both countries. Also, he voiced the hope for receiving support and assistance in upgrading the Rada system, which is used by the Ukrainian parliament for voting purposes.
Parubiy said his trip will be very important for the inter-parliamentary diplomacy and for cooperation with that region.

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LITHUANIAN PRESIDENT TO VISIT KYIV

Lithuanian President Dalia Grybauskaite will visit Ukraine in a few days, President of Ukraine Petro Poroshenko has said. “Dalia Grybauskaite, President of Lithuania … will be in Kyiv in a few days as my guest, a guest of Ukraine,” Poroshenko said during a meeting with students of the National University of Trade and Economics in Kyiv.

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UKRAINIAN PRIME MINISTER TO PAY WORKING VISIT TO GERMANY FROM NOV 28 TO 29

Ukrainian Prime Minister Volodymyr Groysman will pay a working visit to Germany from November 28 to 29 to take part in a business forum there.
“Ahead of my visit to Germany, I have met with journalists from Die Zeit. We spoke about our mutual relations and plans for 2019,” Groysman wrote in a tweet on Twitter.
In a comment to Interfax-Ukraine news agency, the prime minister’s press secretary Vasyl Riabchuk said the working visit will take place from November 28 to 29.
He said Groysman will leave for Germany on Wednesday, November 28, after a meeting of the government.
Riabchuk said the Ukrainian prime minister will hold several bilateral meetings there and attend the opening of a business forum on November 29.

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BUSINESS DELEGATION OF PHARMEXCIL WILL VISIT UKRAINE IN LATE NOV

The business delegation of Pharmexcil, the Pharmaceuticals Export Promotion Council of India, will visit three importing countries, including Ukraine, Turkmenistan and the Russian Federation at the end of November. The Indian Pharmaceutical Manufacturer’s Association (IPMA) said the delegation of Pharmexcil will hold business meetings with the local pharmaceutical companies and regulatory agencies to stimulate Indian pharmaceutical exports.
In Kyiv, the delegation of Pharmexcil will meet with the representatives of the Ministry of Health and pharmaceutical companies.
According to Pharmexcil, the sales of Indian medicines in Ukraine in 2017-2018 increased by 14.4%, to $95.96 million. In the 2016-2017 fiscal year, India exported pharmaceutical products worth $83.91 million to Ukraine.
India as a manufacturer in Ukraine in 2017 ranked third in terms of pharmacy sales in packages after Ukraine and Germany, and in monetary terms (in the national currency) it ranked fourth after Ukraine, Germany, and the United Kingdom. Among the Indian pharmaceutical companies that are actively working in Ukraine, in particular, are Macleods Pharmaceutical, Dr Reddy’s, Euro Lifecare Ltd.

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