A group of UAE government officials, along with representatives of Emirati companies and investment groups, hosted a business roundtable with a high-ranking Ukrainian delegation led by Yuliia Svyrydenko, Deputy Prime Minister and Minister of Economy of Ukraine.
Publish dateWednesday 19 February 2025 - 21:03
According to Amac News, the meeting focused on exploring promising investment opportunities in Ukraine, particularly in infrastructure projects, under the Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
The UAE-Ukraine CEPA agreement, which was signed in the presence of UAE President Mohamed bin Zayed Al Nahyan and Ukrainian President Volodymyr Zelensky, aims to strengthen bilateral trade relations and investment flows between the two countries.
The agreement is expected to add about $369 million to the UAE’s GDP and $874 million to Ukraine’s GDP by 2031.
The UAE-Ukraine CEPA agreement will also help accelerate Ukraine’s economic recovery and create new opportunities for cooperation in sectors such as infrastructure, heavy industry, aviation and information technology.
Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, who led the Emirati side at the meeting, stressed the importance of the gathering, saying: “This agreement is designed to create opportunities for strategic investment in critical sectors such as infrastructure, agriculture and technology, as well as to facilitate startups and knowledge exchange between the two countries.”
“With the prospect of Ukraine joining the European Union, we expect the country to become even more attractive as an investment destination and provide vast opportunities for the development of bilateral investment, given our joint investment stock of $360 million,” he continued.
Yulia Sviridenko, on the other hand, stressed that the signing of CEPA with the UAE and the holding of an extensive meeting with business leaders from both sides to explore the best ways to benefit from this agreement marks the beginning of a new era of friendship and a path to common development.
She added that there are many opportunities for the private sector and business communities in both countries, and they will play an important role in advancing trade and investment relations, especially in sectors with the greatest potential for future growth, such as energy, logistics, transport, healthcare and manufacturing projects.
The roundtable discussed specific opportunities in infrastructure development, agriculture and food security, as well as the potential for privatization of large state-owned Ukrainian companies.
In outlining the investment mechanisms covered by CEPA, the discussions emphasized the importance of logistics and transport projects, which will require significant investment in the coming years, especially in roads, ports and airports. Also, sectors such as travel and tourism, high-tech and agriculture were identified as urgent areas for cooperation.
The outcome of the roundtable strengthened bilateral relations between the UAE and Ukraine, building on the CEPA and 28 agreements signed between the two countries in 2021, worth over $3 billion.
The UAE-Ukraine CEPA agreement, which was signed in the presence of UAE President Mohamed bin Zayed Al Nahyan and Ukrainian President Volodymyr Zelensky, aims to strengthen bilateral trade relations and investment flows between the two countries.
The agreement is expected to add about $369 million to the UAE’s GDP and $874 million to Ukraine’s GDP by 2031.
The UAE-Ukraine CEPA agreement will also help accelerate Ukraine’s economic recovery and create new opportunities for cooperation in sectors such as infrastructure, heavy industry, aviation and information technology.
Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, who led the Emirati side at the meeting, stressed the importance of the gathering, saying: “This agreement is designed to create opportunities for strategic investment in critical sectors such as infrastructure, agriculture and technology, as well as to facilitate startups and knowledge exchange between the two countries.”
“With the prospect of Ukraine joining the European Union, we expect the country to become even more attractive as an investment destination and provide vast opportunities for the development of bilateral investment, given our joint investment stock of $360 million,” he continued.
Yulia Sviridenko, on the other hand, stressed that the signing of CEPA with the UAE and the holding of an extensive meeting with business leaders from both sides to explore the best ways to benefit from this agreement marks the beginning of a new era of friendship and a path to common development.
She added that there are many opportunities for the private sector and business communities in both countries, and they will play an important role in advancing trade and investment relations, especially in sectors with the greatest potential for future growth, such as energy, logistics, transport, healthcare and manufacturing projects.
The roundtable discussed specific opportunities in infrastructure development, agriculture and food security, as well as the potential for privatization of large state-owned Ukrainian companies.
In outlining the investment mechanisms covered by CEPA, the discussions emphasized the importance of logistics and transport projects, which will require significant investment in the coming years, especially in roads, ports and airports. Also, sectors such as travel and tourism, high-tech and agriculture were identified as urgent areas for cooperation.
The outcome of the roundtable strengthened bilateral relations between the UAE and Ukraine, building on the CEPA and 28 agreements signed between the two countries in 2021, worth over $3 billion.
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Source : news agency wam
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