A new business partnership between the European Union and Ukraine has been launched in Brussels where the EU-Ukraine Business Summit took place from April 10 to 11.
European Commissioner for Enlargement Marta Kos and Prime Minister of Ukraine Denys Shmyhal announced about the EU-Ukraine Business Partnership through a Joint Statement.
"We reaffirmed our commitment to Ukraine's future in the European Union. To achieve this goal, we need to accelerate our joint efforts in support of Ukraine's accession to the EU, EU-aligned reconstruction, recovery and modernisation, as well as gradual economic integration into the EU Single Market," - they stated in the statement.
Titled "Strengthening the EU-Ukraine Business Partnership’, the Statement underscored the EU’s steadfast commitment to support Ukraine in the face of Russia’s war of aggression and to step up its political leadership at this critical time.
"Ukraine’s future lies in the EU. Through the Ukraine Investment Framework, we’re mobilising financing and unlocking opportunities for EU companies to invest in Ukraine’s recovery and reconstruction. Our resilience and determination are paving the way for sustainable growth and a stronger EU-Ukraine partnership," - Ukranian Prime Minister stated at the summit.
Both sides called the new partnership as "strategic initiative" that is aiming to deepen economic and investment ties between the EU and Ukraine. It will focuse on three key areas: advancing business environment reforms, mobilising large-scale investment, and promoting Ukraine as an attractive investment destination.
The EU and Ukraine also agreed to hold regular high-level meetings with the business community, strengthening of business partnerships, and addressing any obstacles to the EU-Ukraine business partnership. A first meeting will be held in the margins of the Ukraine Recovery Conference in Rome in July 2025.
Ukraine reaffirmed its commitment to implement key reforms aligned with its EU accession process, which are improving Ukraine's business climate and facilitating investments by EU companies in Ukraine as well as accelerating sectoral integration of Ukraine into the EU Single Market.
The Trump administration is expected to delay enforcement of a law requiring Chinese tech firm ByteDance to sell or shut down its U.S. operations of T...
Azerbaijan is preparing to finance a cultural centre, sports school and arts facility in the town of Irpin, near Kyiv, under a draft bilateral agreeme...
China is set to intensify its recent push in strategic diplomacy and power projection as it hosts its annual security forum this week amidst heightene...
Billionaire Elon Musk's satellite internet service Starlink was back online for most users after a brief outage on Monday, according to tracking websi...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 15th of September, covering the latest developments you need t...
A decision on the European Union’s proposed 2040 climate emissions target has been delayed, with ministers now set to discuss it at an October summit instead of next week, EU officials said.
A high-level EU summit on Friday reaffirmed Europe’s commitment to electric cars, with the Commission holding firm on CO2 targets through 2035 despite industry calls for flexibility.
The European Union is set to propose a 19th package of sanctions targeting Russia’s oil industry and shadow tanker fleet, while also extending its current measures on individuals tied to the ongoing war in Ukraine for another six months.
Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian weapons.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Music mega-star Taylor Swift and National Football League player Travis Kelce announced their engagement. “Your English teacher and your gym teacher are getting married," the couple wrote in a joint Instagram post, alongside photos of Kelce proposing to Swift in a garden of pink and white flowers.
India's retail inflation (INCPIY=ECI) rose to 2.07% in August as food prices edged up, although it remained within the central bank's tolerance range for the tenth consecutive month.
Jaguar Land Rover (JLR) said Wednesday that it now believes “some data has been affected” after a cyberattack forced the company to shut down operations last Tuesday. Staff have been instructed to work from home since the incident.
Oracle co-founder Larry Ellison has overtaken Tesla Chief Elon Musk as the world’s richest person after a surge in the company’s stock lifted his net worth to $393 billion, according to the Bloomberg Billionaires Index.
China has launched its first review of its foreign trade law since 2004, signalling a potential shift in how the country manages international commerce amid rising global trade tensions.
The U.S. will lower tariffs on Japanese cars and auto parts by 16 September under a trade deal formalised by President Donald Trump, Japan’s chief negotiator said Tuesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment