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.
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Defence ministers from around 30 countries met in Brussels on Thursday to discuss forming a potential reassurance force for Ukraine, should a ceasefire be reached with Russia.
As the world adjusts to the trade shockwaves triggered by U.S. tariffs, Brussels and Abu Dhabi are forging a new path. On Thursday, the European Union and the United Arab Emirates confirmed they will launch formal negotiations on a free trade agreement.
Russian Foreign Minister Sergei Lavrov said reaching a peace agreement with the United States over the war in Ukraine remains difficult, as Moscow stands firm on its demands and vows never to return to economic dependence on the West.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 15th, covering the latest developments you need to know.
Asian markets edged higher on Tuesday, lifted by gains in auto stocks after US President Donald Trump suggested he might ease tariffs on vehicles.
Turkish Foreign Minister Hakan Fidan spoke with US Secretary of State Marco Rubio by phone, discussing the situations in Syria, Gaza, and efforts for a Ukraine ceasefire, according to diplomatic sources.
NORAD has monitored a Russian military aircraft operating in the Alaskan Air Defense Identification Zone, confirming it remained in international airspace and posed no threat.
A small plane crashed near Kopake, New York, on April 13, killing at 6 people. The Mitsubishi MU-2B aircraft, carrying six people, went down under unclear circumstances. This marks the second aviation accident in New York in a week, raising safety concerns.
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A quiet Thursday afternoon at St. Peter’s Basilica turned into something extraordinary, as visitors caught a rare glimpse of Pope Francis — not in his familiar white papal robes, but dressed in black trousers and a striped blanket.
In a dramatic about-face, U.S. President Donald Trump on Wednesday announced a 90-day pause on newly implemented tariffs for dozens of countries — a move that eased market turmoil but further escalated tensions with China.
Asian markets edged higher on Tuesday, lifted by gains in auto stocks after US President Donald Trump suggested he might ease tariffs on vehicles.
Wall Street’s main indexes surged on Monday, driven by gains in technology stocks, after the White House announced exemptions for smartphones and computers from new tariffs on Chinese imports. However, additional levies on semiconductors are still expected later this week.
The Russian government has approved the country’s energy strategy through 2050. Oil production is expected to rise to 540 million tons, while gas production is projected to reach 1.107 trillion cubic meters by that year.
Stock markets in Asia saw a boost on Monday, driven by optimism over tariff exemptions granted to electronics. This relief sparked gains in tech stocks, while investors in South Korea and Taiwan turned their focus to trade issues and semiconductor developments.
To facilitate Ukraine's access to global markets by ensuring smoother transit through EU countries, the EU and Ukraine have extended their Road Transport Agreement until December 31, 2025.
Russian Foreign Minister Sergei Lavrov said reaching a peace agreement with the United States over the war in Ukraine remains difficult, as Moscow stands firm on its demands and vows never to return to economic dependence on the West.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 15th, covering the latest developments you need to know.
Asian markets edged higher on Tuesday, lifted by gains in auto stocks after US President Donald Trump suggested he might ease tariffs on vehicles.
Turkish Foreign Minister Hakan Fidan spoke with US Secretary of State Marco Rubio by phone, discussing the situations in Syria, Gaza, and efforts for a Ukraine ceasefire, according to diplomatic sources.
NORAD has monitored a Russian military aircraft operating in the Alaskan Air Defense Identification Zone, confirming it remained in international airspace and posed no threat.
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