Ukraine and Saudi Arabia have resumed the work of the Joint Council for Business Cooperation after a decade-long hiatus. During the meeting, the Ukrainian side presented a portfolio of investment projects with a total value exceeding 1 billion US dollars. The resumption of this council’s activities is seen as a key step in building a new model of strategic partnership between the countries.
This is reported by Business • Media
Investment Projects and Areas of Cooperation
Leaders of the MHP Agroholding, representing Ukraine, reported that the investment initiatives cover a range of important sectors: agribusiness, healthcare, engineering, critical materials, logistics, retail, and industrial parks. It is noted that the potential for collaboration between the countries significantly exceeds current volumes, and the activities of the Joint Council create additional opportunities to unlock this potential.
Composition of the Ukrainian Delegation
The negotiations involved leaders of leading Ukrainian companies, which together account for over 4% of the country’s gross domestic product. The delegation included representatives from companies such as MHP, BGV, Epicenter, Dobrobut, Interchem, Darnitsa, Kernel, and SoftServe, Orion.Group.
The resumption of this mechanism will be an important step towards forming a new architecture of strategic partnership between the countries.