Ukraine’s Ambassador to the UAE Oleksandr Balanutsa met with Humaid Mohammed Ben Salem, Secretary General of the Federation of UAE Chambers of Commerce and Industry. This was reported by the Emirates News Agency (WAM). The ambassador was joined at the meeting by Olena Shyrokova, President of the Ukrainian Business Council in the UAE.
The sides discussed how to step up cooperation between the two countries’ private sectors and what steps are needed to expand business partnership.
What was agreed
The talks focused on developing trade and investment relations and on supporting and expanding partnerships between Ukrainian and Emirati companies. Particular attention was paid to the further work of the UAE–Ukrainian Business Council, a platform intended to become the main venue for engagement between the two business communities.
The Secretary General of the Federation of Chambers stressed the importance of raising economic relations to a level that meets the expectations of businesses in both countries. According to him, the Federation is working through the business community to activate partnerships between companies in order to increase trade volumes and open up new opportunities for cooperation.
The Emirati side confirmed its readiness to support expanded cooperation, the exchange of experience and the adoption of best practices in key sectors of the economy.
Ukraine Month in the UAE
The participants also discussed preparations for a large-scale cultural and economic project, Ukraine Month in the UAE. The initiative envisages a series of events to showcase Ukrainian culture, business and innovation at leading Emirati institutions.
The Federation of UAE Chambers of Commerce and Industry brings together the business community of all seven emirates and has traditionally played a key role in building economic ties with other countries. The meeting with the Ukrainian side is part of broader efforts by both states to deepen a trade and investment dialogue that has gained particular momentum in recent years.
