Japan will spend €1.25B to support its investors in Ukraine.

The relevant documents were signed during the Tokyo Conference on Economic Development and Reconstruction. Prime Minister of Ukraine Denys Shmyhal specified that the Japanese export credit agency, NEXI, has launched a new program that will consist of two parts.

“These are, in particular, guarantees for Japanese investors, as well as a credit line for the export of Japanese goods for the implementation of reconstruction projects in Ukraine,” added the prime minister.

In addition, Shmyhal offered the Japanese Minister of Economy, Ken Saito, to work to resolve the issue of renewing the investment protection agreement.

Also, as reported by the Ministry of Economy of Ukraine, the state institution Entrepreneurship and Export Promotion Office (EEPO) and the Japanese External Trade Organization (JETRO) will work jointly on the implementation of projects designed to strengthen trade relations between the countries.

“The collaboration between EEPO and JETRO will help exporters from both countries to establish contacts with partners, enter the market, or expand their presence“, noted Minister of Economy Yulia Svyridenko.