You're reading: Ukraine, Poland sign several economic cooperation deals

Ukraine and Poland have signed a number of agreements on economic cooperation.

The sides signed a protocol, an agreement on social assistance, and an administrative agreement on it, reads a press release of the Infrastructure Ministry of Ukraine distributed at a press conference following a meeting of the Ukrainian-Polish Intergovernmental Committee on Economic Cooperation.

In addition, Poland’s Bank Gospodarstwa Krajowego and the State Export-Import Bank of Ukraine (Ukreximbank, Kyiv) signed a memorandum of understanding.

The participants of the meeting agreed that supplies of Ukrainian electricity to Poland were important.

To increase energy efficiency and energy conservation, the Ukrainian side proposed to support projects worth over EUR 230 million at a meeting of the Assembly of Contributors of the Eastern Europe Energy Efficiency and Environmental Partnership (E5P) in November 2012.

The sides also noted that the potential of the Euro-Asian Oil Transportation Corridor of the Sarmatia International Pipeline Company and the construction of Brody-Plock oil pipeline has not yet been realized in full.

Ukraine and Poland decided to continue cooperation in the nuclear energy sphere under the aegis of the International Atomic Energy Agency (IAEA) to ensure safety during the preparations for and holding of the Euro 2012 European Football Championship.

The participants also discussed Ukraine’s participation in the constriction of nuclear power plants (NPPs) in Poland, assistance for infrastructure development in the sphere of nuclear regulation, and the organization of the training of employees of the National Atomic Energy Agency.

In addition, Ukraine and Poland agreed to draw up intergovernmental agreements on sea transport, on the maintenance of border road bridges, and on rail services.

The sides also discussed a possibility of participation of Poland in the development of container traffic towards the Baltic Sea and the Black Sea, the liberalization of car transportation, etc.

The countries are also to develop cultural tourism, eco tourism, and health-improving tourism.

In addition, the sides will develop cross-border and car tourism, exchange information on the expansion of tourism routes, the certification of tourism services, and the possibility of cooperation in the Carpathian region.