• Українською
  • Germany ranks first among Ukraine’s European trading partners, says Hennadii Zubko
    Service of the Deputy Prime Minister of Ukraine, posted 28 November 2018 17:18

    Germany is a key partner of Ukraine in implementing decentralization and energy efficiency reform, as well as in supporting the country's economic and political course. This was stated by Vice Prime Minister/ Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Hennadii Zubko during the 10th meeting of the Ukrainian-German high-level group in Berlin.

    "Today Germany ranks first place among Ukraine's trading partners, among European countries, in 2017. In the first half of 2018, the trade turnover amounted to $ 5.4 billion  (+ 15% increase compared to last year). And for the future, we will strengthen this indicator. We are talking about the introduction of certification and standardization of German products manufactured in Ukraine. This will increase the capacity of products, cooperation between countries, as well as attract investment. I am grateful to German medium-sized businesses who have already created more than 35,000 jobs in the German automotive industry in Ukraine over the past two years," Hennadii Zubko stressed.

    Germany ranked the 4th among the major investors in Ukraine with an investment of €1.7 billion euros. Over 1.2 thousand German enterprises are already operating in Ukraine. Apart from the financial support from Germany, according to the Vice Prime Minister, technical and technological assistance is incredibly important for Ukraine.

    "It is incredibly important for us to introduce innovative ideas, to involve modern technologies and project management experts from German business and the German Government in each sector - infrastructure, power engineering, reducing energy consumption.  It is essential for Ukraine to offer our partners to participate in the consortium, which we plan to create from the management of the gas transportation system and storage of gas storage facilities. By implementing the EU directives and creating additional markets for gas and electricity, today Ukraine seeks to join the European energy system," Hennadii Zubko emphasized.

    He informed that the agenda of the 10th meeting encapsulates such issues as attraction of investment in the economy of Ukraine, cooperation in energy and transport infrastructure, engagement of German cutting-edge technologies in energy efficiency, harmonization of a system of product certification, implementation of the Fit for Partnership with Germany manager training programme.