UJ.com
                        SATURDAY, FEBRUARY 27, 2021
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Nation    

Ukraine, UAE sign $3-bln in trade deals
Journal Staff Report

KYIV, Feb 15 Ukraine and the United Arab Emirates signed memorandums and contracts worth $3 billion, at meetings involving 18 private Ukrainian companies, led by DTEK and EastOne, presidential press service said.

"As part of the official visit of President Volodymyr Zelensky to the United Arab Emirates, the Ukrainian delegation signed a number of memorandums and contracts totaling $3 billion or more," the press service said in the statement.

Memorandums of understanding were signed between the State Property Fund of Ukraine and the Mubadala investment company. They are aimed at deepening cooperation in the development of promising investment projects and the participation of the Emirate side in the program of privatization of state-owned property in Ukraine.

"At all international meetings, I urge to invest in Ukraine. Our state has enormous potential: geopolitical position, natural resources, people of knowledge. Right now is the time to understand this potential and create a strong economy," Zelensky said.

He said that attracting investment is the key to Ukraine's economic growth. "The signing of a memorandum with the Mubadala investment company of the government of Abu Dhabi on intentions to invest in Ukraine is a very important step in opening the way for major investments in Ukraine from Western Asia," Zelensky said.

In addition, the Ministry of Digital Transformation of Ukraine signed a memorandum with INTELMAX Management Consulting, which provides for cooperation on the creation of a platform for the exchange of intellectual property based on the Fantom blockchain, which will provide increased security and transparency. It is also planned to introduce blockchain technologies into government processes and services.

The sides also signed documents in the defense sector, discussing the possibility of constructing joint factories outside Ukraine.

As the President's Office said, the possibility of opening a Ukrainian sovereign fund for joint investments is also being considered.

"Along with this, some 18 Ukrainian private companies, including Interpipe, Dragon Capital, DTEK, Unit City, EastOne, UMG, Ufuture, Fortior, signed memorandums with the Mubadala state investment fund," the President's Office said. (om/ez)




Log in

Print article E-mail article


Currencies (in hryvnias)
  26.02.2021 prev
USD 27.93 27.95
RUR 0.378 0.379
EUR 34.15 33.93

Stock Market
  25.02.2021 prev
PFTS 521.1 521.1
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio