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Home International Customs

Poroshenko urges Japanese business to invest in Ukraine

byCT Report
06/04/2016
in International Customs, Japan, Ukraine
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KIEV: President of Ukraine Petro Poroshenko has invited Japanese companies to invest in Ukraine and participate in the privatization of Ukrainian ports and the energy sector companies.

The President stated this during the meeting with representatives of the Keidanren Japan Business Federation.”Bilateral cooperation has never been so dynamic in our history. It has never reached such a high level of trust,” Poroshenko said. The Head of State noted that the Ukrainian export to Japan had grown by 12% the year before and the Japanese direct investment in Ukraine exceeded USD 130 million.

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The President emphasized that the Agreement on Promotion and Mutual Protection of Investments signed in November 2015 by Japan and Ukraine facilitated the activity of Japanese companies in Ukraine. The meeting was attended by representatives of Toshiba Corporation, Mitsubishi Corporation, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Hitachi Ltd.Asahi Kasei, Itochu Corporation, Sumitomo Corporation, Sojitz Corporation, Teijin Limited etc.

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