Consultations on economic cooperation with Ukraine held in Turkey

Consultations on economic cooperation with Ukraine held in Turkey

Ukrinform
In the context of the COVID-19 pandemic, which has a large-scale impact on the global economy, as well as on economic and trade bilateral relations, Turkish and Ukrainian businessmen are looking for ways and algorithms for the active restoration of contacts.

Ukraine's Ambassador to Turkey Andrii Sybiha discussed this during an online meeting with members of the Association of Crimean Tatar Business People of Turkey, Ukraine and Romania (TURKSID), according to an Ukrinform correspondent.

“Today it’s crucial to analyze the new situation and the reality that have arisen as a result of the coronavirus pandemic, in particular in the field of business and mutual trade, to identify possible business processes in order to minimize the consequences of the pandemic for our economic and trade relations. We want to hear opinions, recommendations and perhaps warnings from businessmen who are well aware of doing business both in Ukraine and Turkey,” Sybiha addressed the audience.

The Turkish entrepreneurs and business representatives expressed interest in discussing and maintaining dialogue regarding the state of the global economy in the face of COVID-19 and the state and prospects for the development of Ukrainian-Turkish relations, primarily in bilateral trade and the implementation of joint business projects.

The Ukrainian ambassador stressed the need to use the potential of regions and invited Turkish businessmen to take advantage of a Ukrainian business offer bank, which was created by the Embassy in Ankara. “We clearly see sectors in which Ukraine is interested, in particular agricultural equipment, mills, elevators, combines and other agricultural machines. We also see that this item of imports from Turkey is growing,” the diplomat said.

He focused on the effectiveness of public-private partnerships and the prospects for such interaction. “We all see how effective public-private partnerships in Turkey are in the field of healthcare and infrastructure. In the post-quarantine time, we will develop specific projects in this direction," he said.

The ambassador recalled that the current year in Ukraine is the year of the implementation of major infrastructure projects, including the construction and restoration of seaports, airports, roads.

As a reminder, in August 2019, during a visit to Turkey, Ukrainian President Volodymyr Zelensky invited Turkish business to invest more actively in Ukraine. In early February of this year, Kyiv hosted a Ukrainian-Turkish business forum, chaired by the Presidents of Ukraine and Turkey, Volodymyr Zelensky and Recep Tayyip Erdogan, with the participation of more than 400 Turkish businessmen.

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