September 13, First Vice Prime Minister/Minister of Economic Development and Trade of Ukraine Stepan Kubiv met with Minister of Economy of Portugal Manuel Cabral. The top officials of the two countries tackled prospective sectors, economic cooperation and directions of work of the joint intergovernmental commission on economic cooperation.
"Last December, we signed an Agreement on economic cooperation between Ukraine and Portugal, which was ratified by the Verkhovna Rada of Ukraine on September 6. This is a strategic document aimed to deepen the opportunities for cooperation between our countries along the number of directions. To do this, we have also developed a blueprint for implementing this Agreement by 2020 to trigger first practical steps. Among the priorities of cooperation are the sphere of industry, especially the aerospace industry, as well as IT, tourism, "green energy" and others", Stepan Kubiv emphasized.
The First Vice Prime Minister stressed on the keen mutual interest among Ukrainian and Portuguese businesses. During the business forum the entrepreneurs considered the possibility of implementing joint projects, inter alia in the agriculture and food processing, winemaking and viticulture, infrastructure, transport, construction, energy, tourism, IT and innovation, health care sector.
Stepan Kubiv also emphasized the crucial role of Ukrainian community in Portugal to strengthen bilateral ties between the countries.
"Ukrainian citizens have long asserted the entire world their high intelligence and diligence. Today the Ukrainian community in Portugal is the hub of strong ties with Ukraine, promoting and supporting interest in it and its attractiveness for investment and cooperation. I belive that with using this potential, we can efficiently increase the level of cooperation between our countries in a lot of domains", summed up the First Vice Prime Minister of Ukraine.