The State Property Fund of Ukraine is ready to deepen cooperation with Japan

The Chairman of the State Property Fund of Ukraine Vitaliy Koval took part in a joint event of the Embassy of Japan in Ukraine and the Chamber of Commerce Ukraine within the framework of the John Hughes Business Club. Among the participants are members of the Japanese economic mission, general directors of large private and state-owned companies of Ukraine and specialized state institutions.

"The State Property Fund of Ukraine is ready to actively participate in further cooperation with the Japanese mission. Together, we will be able to support the Ukrainian economy, create new jobs, and raise more funds to support the Defense Forces," noted Vitaliy Koval.

The following steps are envisaged in the direction of expanding bilateral cooperation:

1. Opening of the office of the Japan External Trade Organization (JETRO) in Kyiv, which will deal with the search for partners, promotion of trade and investments.
2. Provision of credit lines for trade and investment by the Japanese export credit agency NEXI.
3. Support of pilot projects from the Ministry of Economy and Industry of Japan.
4. Provision of grant aid, private sector support and investment in export-oriented funds by the Japan International Cooperation Agency (JICA). In particular, in February, JICA invested $20 million in the Ukrainian business support at the Horizon Capital Fund.
5. Provision of a two-stage loan to the Black Sea Bank of Trade and Development by the Japan Bank for International Cooperation.

"I am convinced that this meeting is another step in strengthening economic cooperation between Japan and Ukraine to attract Japanese investments," the Chairman of the Fund emphasized.