Ukraine will open a representative office of the Japan External Trade Organization (JETRO). This will deepen the development of the partnership and promote business cooperation between Ukrainian and Japanese companies. This was announced by Taras Kachka, Deputy Minister of Economy of Ukraine - Trade Representative of Ukraine.
"The Ministry of Economy of Ukraine has completed negotiations and registered a representative office of the Japan External Trade Organization (JETRO) in Ukraine. The opening of the JETRO office in Ukraine is a strategic step, the result of productive negotiations with the Government of Japan, and marks the beginning of a new era of cooperation between our two countries. We are committed to creating an attractive business environment that will encourage Japanese investment and foster a strong partnership between Ukrainian and Japanese companies," said Taras Kachka.
According to him, Japan plans to provide USD 188 million to support Ukraine's economic recovery projects. Ukraine's priorities include energy, utilities, critical infrastructure, humanitarian demining and business support. The establishment of the JETRO office will accelerate the introduction of Japanese technologies in our country and open up new markets for Japanese brands to be produced in Ukraine.
Background information
JETRO (Japan External Trade Organisation) is an office of the Japan External Trade Organisation, an independent administrative body under the auspices of the Ministry of Economy, Trade and Industry of Japan, established to promote trade and economic cooperation with other countries.