The strategic partnership in the raw materials sector and the strengthening of energy security were discussed during a meeting in Brussels on November 30 with Prime Minister of Ukraine Denys Shmyhal and Commission Vice-President for Interinstitutional Relations and Foresight Maroš Šefčovič.
In July this year, Ukraine and the European Union launched a strategic partnership in the raw materials sector, and also signed a Memorandum of Understanding, which triggers a strategic cooperation in the field of critical raw materials.
According to the Prime Minister, the roadmap of Ukraine’s measures for 2021-2022 demonstrates practical steps to implement such strategic partnership.
"According to the Roadmap, it is planned to launch research and innovation in the field of critical raw materials in order to recycle waste, modern materials and replacing them with the help of the Horizon Europe and other research and innovation programs," said the Prime Minister.
According to the Prime Minister, an important area of strengthening cooperation between Ukraine and the EU is the involvement of Ukrainian enterprises in industrial alliances. Thus, more than 10 companies joined the European Raw Materials Alliance (ERMA), and 4 companies joined the European Battery Alliance.
Denys Shmyhal also stressed that the establishment of cooperation within the European Battery Alliance is rather promising for Ukraine.
"Exploration, production and processing projects require access to additional financial instruments. Involving the capabilities of European financial institutions in projects that pose common European-Ukrainian interest in the raw materials industry could be an effective tool for achieving shared goals and initiatives," said the Prime Minister.
The Prime Minister added, Ukraine expects to intensify cooperation with the European Commission and EU member states on the full range of issues related to improving energy security in Europe.
"We have started the first discussions with the Commission on the business forum on energy, which will take place next year in Ukraine. Its agenda may include such issues as security of gas supply, including the study of the possibilities of using Ukraine's underground gas storage facilities, taking into account the EU's intentions to form a strategic gas reserve," said Denys Shmyhal.
The Head of Government also thanked the European Commission for the positive decision of granting Ukraine access to the working group on gas supply risks.