Ukraine, Iran discussed creating Joint Committee on Investments

The Ukrainian Economic Development and Trade Ministry reported this following a meeting between of Ukraine’s First Vice Prime Minister, Economic Development and Trade Minister of Stepan Kubiv and Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Ukraine Mohammad Beheshti Monfared.

“Investment cooperation, including the implementation of joint projects, should be an important component of cooperation. We expect that the establishment of the Joint Committee on Investments will provide an opportunity to determine investment projects for the joint implementation and extend forms of investment cooperation, including state-private partnership,” Stepan Kubiv said.

According to the Ukrainian minister, the Government is working on implementing large-scale projects in the agricultural and industrial sectors as well as in the areas of energy efficiency and renewable energy, high-tech (particularly aviation), modernization of coal mines in Iran, railways, the reconstruction of power generating units at power plants in Iran, as well as the expansion of scientific and technological cooperation, etc.

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