MFA invites Kuwaiti entrepreneurs to invest in Ukraine

Deputy Minister of Foreign Affairs of Ukraine Dmytro Senik invited Kuwaiti entrepreneurs to invest in Ukraine.

As the press service of the Ministry of Foreign Affairs of Ukraine informs, Senik took part in the Ukraine–Kuwait Investment Forum "Government Support for Investments in Ukraine" on September 28.

The deputy foreign minister praised the growing interest of Kuwait and other Gulf states in investing in Ukraine, spoke about promising areas for investment and the introduction of specific instruments of state support for investors.

Senik also stressed that promoting the development of bilateral and multilateral trade and investment cooperation was one of the priorities of the Foreign Ministry.

During the forum, Executive Director of UkraineInvest Serhiy Tsivkach and Deputy Chairman of the State Property Fund of Ukraine Taras Yeleyko acquainted the participants with the Law of Ukraine “On State Support of Investment Projects with Significant Investments in Ukraine” and presented investment projects in Ukrainian mining, real estate, renewable energy sources, agriculture, information technology, and other areas.

As noted, the Ukraine–Kuwait Investment Forum "Government Support for Investments in Ukraine" took place in Kuwait on September 28 in the format of online workshop for Kuwaiti investment institutions, companies, and private investors. The investment forum was organized with the assistance of the Exporters and Investors Council under the Ministry of Foreign Affairs of Ukraine, the Kuwait Chamber of Commerce and Industry, the Investment Promotion Office (UkraineInvest), and the State Property Fund of Ukraine.

In January-July 2021, Ukraine–Kuwait bilateral trade in goods totaled $17.47 million with the export of goods at $16.62 million and the import of goods at $0.85 million. The balance of trade in goods is positive for Ukraine and amounts to $15.77 million.

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