Japan will expand its presence in the Ukrainian investment market and open an office in Kyiv.

Thursday, April 25, 2024
Japan will expand its presence in the Ukrainian investment market and open an office in Kyiv.

Japan plans to increase its presence in the Ukrainian investment market, in particular, the country intends to expand its business ties in the field of investment and trade; the country will open an office of the Japanese External Trade Organization (JETRO) in Kyiv.

The governments of Ukraine and Japan are already preparing a draft of the updated Agreement on Promotion and Protection of Investments, which will contribute to economic development and expansion of trade between the two countries. The agreement will provide Japanese investors with reliable legal protection and guarantees for their capital investments, which is an important incentive for investments in the private sector and projects to rebuild Ukraine.

It is indicated that Japan plans to provide €160M to support Ukraine’s economic recovery projects. Priorities include energy, housing, critical infrastructure, humanitarian demining, and business support.

 

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