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Ukrainian delegation arrives at Ukraine-Bavaria Economic Forum
24.01.2018 16:12 "Agro Perspectiva" (Kyiv) —
As of today, a Ukrainian delegation led by Ukrainian First Vice Prime Minister Economic Development and Trade Minister Stepan Kubiv has arrived at the Ukraine-Bavaria Economic Forum to deepen cooperation between Ukraine and Germany, Ukrinform says referring to the Ukrainian Economic Development and Trade Ministry Facebook report.
«Germany is one of Ukrainian most important trade partners within the EU. Today, the Ukrainian delegation led by Stepan Kubiv has arrived at the Ukraine-Bavaria Economic Forum to deepen cooperation between the countries,» the report reads.
As to the report, within 2017 Jan-Sept, the bilateral trade between Ukraine and Germany grew by 27% against 2016 similar; the total goods’ turnover totaled almost US$6.6 milliard.
As of 2017 Jan-Sept, the Ukrainian export to Germany grew by 23.1% against 2016 similar, up to US$1.6 milliard. The most popular export items were electrical machinery, seeds and fruits of oil plants, ores, timber and metal products.
At the same time, Ukraine remains attractive for German companies in terms of investment. Thus, within 2017 Jan-Sept, the amount of investment boosted by US$213 million. As of Oct 1, 2017, Germany invested into the Ukrainian economy US$1.8 milliard (of which US$1.1 milliard was investment into the industry).
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