Yermak: We expect increase in presence of UAE companies in Ukraine

"I am pleased that during the pandemic we still managed to hold extremely effective and meaningful negotiations. I am even more pleased that we are holding the first constituent meeting of the Coordination Council less than two weeks after the visit. This is a confirmation of the great importance of our cooperation. I am confident that the work of this Council will become the basis for the implementation of the agreements already reached and will open new horizons of bilateral relations," Yermak said, the president’s press service reports.

He reminded that during the talks the leadership of the two countries identified the main areas of cooperation as food security, investment, military and technical cooperation, cooperation in the field of lending, IT and cybersecurity.

"In general, we expect an increase in the presence of Emirati companies in Ukraine. We believe that we have all the necessary conditions for this: state guarantees for large investors, transparent legislation, large enterprises ready for privatization," Yermak noted.

According to him, in particular, this concerns attracting investment from the UAE in sea and river ports, roads, railways and aviation. He also assured that Ukraine is ready to continue to be a guarantor of food security in the Emirates.

Head of the Emirati party at the Ukrainian-Emirati Coordination Council Mariam Al-Muhairi also noted the rapid start of the Council’s work after the historic visit of the President of Ukraine to the UAE and wished everyone successful and fruitful work.

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