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.
U.S .President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying ...
A drone hit a petrol station in Ukraine's capital of Kyiv early on Tuesday, Mayor Vitali Klitschko said on the...
Every day since a torrent of mud and rocks destroyed a Nepal-China border crossing high up in the Himalayas last m...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment