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  • Ihor Petrashko took part in the Ukraine-EU Summit
    Ministry of Economic Development, Trade and Agriculture of Ukraine, posted 06 October 2020 20:57

    Today, October 6, Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko took part in the 22nd Ukraine-EU Summit in Brussels (Belgium).

    During the event, with the participation of the top political leadership of Ukraine and the European Union, the Minister outlined a range of initiatives implemented by the Government of Ukraine to stimulate the economy aimed to overcome the effects of the COVID-19 epidemic.

    "The Government's steps are aimed at improving access to finance, access to markets, improving regulation, promoting modernization, sustainable development of industries and combating unemployment," stressed Ihor Petrashko.

    In particular, it concerns encouraging business development through the improvement of the program "Affordable Loans at 5-7-9%", the preservation of jobs through the program "Partial Unemployment Assistance", investment incentives.

    Besides, the Minister stressed that despite the global COVID-19 pandemic, Ukraine remains a reliable trading partner for EU member states and expresses readiness to affirm its role as a reliable player in international food markets.

    "In the medium and long term, Ukraine will continue to move towards integration into Europe's economic system. We must use all the opportunities that are created in the process of transformation of the global economic system," the Minister added.


    Ukraine-EU Summit is a regular political dialogue at the top level between Ukraine and the European Union.

    The 1st Ukraine-EU Summit took place in September 1997 in Kyiv. This year saw the 22nd Ukraine-European Union summit, which became the first bilateral EU summit with a partner country in the traditional "live" format since the beginning of the COVID-19 pandemic.