Ukraine, France discuss bilateral economic relations
“Recently, we have worked hard to implement joint Ukrainian-French projects and localize French production in Ukraine. The signing of four intergovernmental agreements worth more than EUR 1.3 billion is an important step towards the development of strategic relations between our countries,” Marchenko said.
The French minister shared ideas and plans for future projects, including agriculture, financial technology, biotechnology and lithium mining.
The ministers also discussed the economic forecasts of both countries. Marchenko noted that despite the pandemic, Ukraine has an optimistic forecast for real GDP growth at the level of 4.6% in 2021. In addition, Ukraine has managed to maintain macro-financial stability during the pandemic.
Both sides shared their experience in fighting against COVID-19 spread. The Ukrainian minister informed representatives of the French delegation that the country is actively working to accelerate the vaccination of the population. Apart from several major already concluded agreements on vaccine purchases, there are plans to further increase supplies of vaccines to Ukraine.
Le Maire assured of support for Ukraine in carrying out important reforms, and stressed the need for implementing justice reform, which is also an important condition for Ukraine to receive the next tranche from the IMF.
As reported by Ukrinform, on May 13, Ukraine and France signed four agreements worth more than EUR 1.3 billion, including on the supply of electric locomotives, equipment for the State Emergency Service of Ukraine, the improvement of water supply in Luhansk region, and the quality of drinking water in Kyiv.
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