Ukraine and Chile intensify dialogue on trade and economic cooperation

Ukraine and Chile intensify dialogue on trade and economic cooperation

Дата публікації: 07-09-2021

Ukraine is interested in resuming dialogue in trade and economic relations with Chile.

«We are interested in expanding the presence of Chilean companies in the Ukrainian market and strengthening Ukrainian-Chilean business ties,» said Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, during an online meeting with Chile's Deputy Foreign Minister, Director General for Bilateral Cooperation. Felipe Lopeandia

It is noted that Chile is among the 10 most promising countries for Ukraine to develop trade relations.

Since the beginning of this year, Ukraine has seen a resumption of economic growth - in the first half of 2021, GDP increased by 1.7% compared to the corresponding period of 2020. However, the government aims to grow GDP by 4%.

In the first half of this year, trade in goods and services between Ukraine and Chile increased by 7.9% to $ 33.1 million, Ukrainian exports doubled to $ 5.3 million.

According to Kachka, the countries need to improve the balance of bilateral trade, diversify trade areas and launch joint investment projects.

Promising for Ukraine and Chile are the development of bilateral relations in the fields of agriculture, energy, engineering, aircraft, shipbuilding, as well as space, mining, pharmaceuticals, transport.

Ministry of Economy
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