December 22, 2024
Ukraine's trade with Japan is growing: Svyridenko spoke about a new goal in cooperation thumbnail
Economy

Ukraine’s trade with Japan is growing: Svyridenko spoke about a new goal in cooperation

The volume of bilateral trade between Ukraine and Japan in 2024 increased by 6% and reached 747.2 million dollars, continuing last year’s growth trend, which amounted to almost 30%.”, — write: epravda.com.ua

The volume of bilateral trade between Ukraine and Japan in 2024 increased by 6% and reached 747.2 million dollars, continuing last year’s growth trend, which amounted to almost 30%. This was reported by the First Deputy Prime Minister – Minister of Economy of Ukraine Yulia Svyridenko during the business forum in Osaka. She noted that Ukraine is working to increase bilateral trade with Japan and noted the pick-up in activity since the start of the full-scale invasion. Ukraine’s current goal is not only to trade with Japan, but also to attract Japanese investments to Ukraine to create Japanese products in Ukraine. Advertisement: Svyridenko called on Japanese businesses to invest in key sectors of the Ukrainian economy, localize production and create joint ventures with Ukrainian companies. She appealed to the Japanese government to support the restoration of damaged or destroyed Ukrainian industrial facilities. Japan is the second largest donor of aid to Ukraine’s budget, having provided $4.2 billion in support this year. Advertisement: The country also implements more than 30 projects through international organizations in the fields of agriculture, medicine and humanitarian demining. We will remind: In Ukraine, a project will be launched to manufacture Japanese pickups using the large-node assembly (SKD) technology.

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