Rada has ratified an agreement between the Governments of Ukraine and the
Federal Republic of Germany on the creation of the German-Ukrainian Chamber of
Commerce and Industry.
The purpose of
the Chamber is to promote trade and economic relations between enterprises and
organizations of Ukraine and the Federal Republic of Germany, as well as the
protection of business interests of the both countries and promotion of
economic exchange in both directions.
presentation of the bill on the ratification of the Agreement at the meeting of
Parliament, Deputy Minister of Economic Development and Trade of Ukraine, Trade
Representative of Ukraine Nataliia Mykolska has stressed that Germany is a strategic trade
partner of our country, and a high level of economic relations between the two
countries shows the importance of the Agreement.
"In 2015 the volume of bilateral trade between Ukraine
and Germany totalled around US $ 6.2 billion. Germany is our third largest
trading partner for exports and first trading partner among the EU States.
Moreover, Germany is among the top three countries to invest in our country,
and the number of enterprises with German investment is about 4 thousand",
said the representative of the Government.
The Agreement on establishing the German-Ukrainian Chamber
of Commerce and Industry was concluded in Berlin on 23 October 2015.