Prime Minister of Ukraine Volodymyr Groysman met with Chief Executive Officer and President of POSCO DAEWOO Corporation Young-Sang Kim and considered potential projects to leverage investment in Ukraine.

The Prime Minister noted that a core objective for Ukraine today is to ensure sustainable economic growth and abandoning dependence of national economy on raw materials.

"We have a strong interest in creating added value on the territory of Ukraine and it is clear that for this purpose we need new investment and projects we can consider in terms of promoting development of our agro-industrial complex, which has an extremely high potential. We are talking about the full production cycle on the territory of the country", stressed the Prime Minister.

While discussing possible cooperation projects, the President of POSCO DAEWOO Corporation expressed interest of his enterprise in investing in grain handling terminal and opening a full branch of the company in Ukraine.

Besides, the company is interested in collaboration with Ukraine in production of electric cars and ready to assist in building of a national brand, said its President Young-Sang Kim.

The Prime Minister welcomed the company's plans to launch its activities in Ukraine. "We are keen on growing investment flows into Ukraine, contribution to the national economy and we consider such possible partnership as coinciding with our development potential", he noted.

The Government takes measures to create favorable conditions for business and ready to provide overall support ‘turn-key’ to those business projects operating in Ukraine, assured the Prime Minister, adding setting up by the Government the Investment Promotion Office proves that.

"We are eager to exert every effort to guarantee your success and to fully unlock your potential in Ukraine", summed up Volodymyr Groysman.