KYIV, April 24 – Japan intends to increase its presence in the investment market of Ukraine. In particular, to expand business ties in the investment and trade spheres, Japanese partners will open an office of the Japan External Trade Organization (JETRO) in Kyiv, as reported by Ukraine's Ministry of Economy following a meeting on April 23 between Deputy Minister, Trade Representative Taras Kachka and the Economic Mission of the Government of Japan.
"Currently, the governments of Ukraine and Japan are preparing a project for the updated Agreement for the Promotion and Protection of Investments, which will contribute to the economic development and expansion of trade between the two countries. The agreement, in particular, will provide Japanese investors with reliable legal protection and guarantees for their investments, which is an important incentive for investments in the private sector and projects for the recovery of Ukraine," Kachka's words are cited in the release.
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