Business news from Ukraine

UKRAINE TO COOPERATE WITH DANUBE REGION IN PORT INFRASTRUCTURE, CARGO SHIPMENT

21 March , 2017  

KYIV. March 21 (Interfax-Ukraine) – Ukraine has joined the memorandum of understanding on the start of cooperation with the Working Community of the Danube Countries (WCDC).
The press service of the Infrastructure Ministry reported that Minister Volodymyr Omelyan gave the information at a meeting with Austrian Ambassador to Ukraine Hermine Poppeller. The Ukrainian minister handed the memo to Austria at the meeting with the ambassador.
According to the report, in 2016, Austria initiated Ukraine’s joining the memo of understanding on the start of cooperation with WCDC in the person of Lower Austria (including Danube ports) and western Black Sea regions and ports, which was signed in February 2014.
Memo participants are regional administration of the western Black Sea region, specifically Odesa region (Ukraine), Galati and Costanza (Romania), Varna and Burgas (Bulgaria) and WCDC in the person of Lower Austria who then chaired the community.
The memo is aimed at strengthening cooperation and coordination of general economic development of the regions in cargo shipments and development of cooperation of adjacent river and sea ports. The parties will draw up joint projects and find mutually acceptable ways to finance them.
Leaders of Odesa region, Odesa and Chornomorsk city mayors, top managers of Ukrainian Sea Port Authority, Odesa maritime merchandise port and Chornomorsk maritime merchandise port signed the memo.