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Ukraine’s Ministry of Economic system, Italy’s Confindustria agree on cooperation


Jun 21, 2022
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The Ministry of Economic system of Ukraine and the Common Confederation of Italian Trade (Confindustria) have signed a memorandum offering for the institution of a everlasting consultative mechanism for cooperation.

That is in accordance with the ministry’s press service, Ukrinform studies.

“The Ministry of Economic system of Ukraine and the Common Confederation of Italian Trade (Confindustria) have signed a Memorandum of Understanding. The signing of the doc is geared toward discovering probably the most optimum mechanism for mutually helpful cooperation between Ukraine and Italy, in addition to deepening cooperation between the 2 nations’ enterprise circles,” the assertion mentioned.

The signatories agreed to determine a everlasting bilateral advisory mechanism on cooperation within the financial sphere, the assertion added. It’s going to envisage, specifically, cooperation in attracting funding to construct industrial capability in Ukraine, together with industrial outsourcing and selling Ukraine’s participation in European and regional worth chains.

As well as, assist can be supplied to enterprise representatives of Ukraine and Italy with a purpose to extra successfully understand the alternatives for bilateral commerce.

Representatives of the Ministry of Economic system and Confindustria will arrange a working group to implement the memorandum.

The Common Confederation of Italian Trade unites greater than 150,000 corporations that make up greater than 34% of Italy’s GDP.

On June 20, Ukrainian President Volodymyr Zelensky met with the president of the Common Confederation of Italian Trade, Carlo Bonomi. On the assembly, the top of state emphasised the significance of launching the confederation’s workplace in Ukraine.

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