You're reading: Ukraine signs 11 agreements with international business partners at ABC: Ukraine & Partners

Ukraine has signed 11 agreements with business partners at the first international annual business conference, ABC: Ukraine & Partners, in Kyiv on June 13-14.

In particular, among the signed documents are a memorandum of mutual
understanding between the Cabinet of Ministers and mining and
metallurgical enterprises and an agreement of intent on the development
of science and education in Ukraine between the Cabinet and Intel
Ukraine.

Intel and Ukraine’s Education Ministry had earlier signed a
memorandum of mutual understanding and cooperation in 2005-2007. Under
it, Ukraine joined the Intel Teach to the Future charitable and
educational program whose main goal is to introduce innovative teaching
and information and communications technologies in the educational
process.

In addition, the State Agency for Investment and National Projects of
Ukraine and CLAAS signed a memorandum of cooperation under a project
implemented at Kherson machine-building plant, which will assemble
Tucano-440 combine harvesters with CLAAS’ investment being up to EUR160
million. According to a CLAAS regional manager for exports, a pilot
project is to be launched as early as this year.

In addition, a protocol of design specifications for the construction
and launch of a passenger railway service between the city of Kyiv and
Boryspil Airport, located outside the city, was signed under the Air
Express national project between the State Agency for Investment and
National Projects and China National Machinery Industry Complete
Engineering Corporation (CMCEC).

The Air Express National Project is being realized using the funds
borrowed from China under the Ukrainian government guarantees. The
framework agreement signed between the Boryspil International Airport
and CMCEC allows Ukraine to receive a credit worth up to $1 billion. It
is planned to build an eight-kilometer railway from Kyiv to the Boryspil
airport, four railway stations and buy electric trains.

A contract on imports of products and services from China worth $300
million was signed by public joint-stock company State Food-Grain
Corporation of Ukraine and CMCEC at the final discussion panel of the
business conference.

In addition, a memorandum of understanding was signed by the State
Agency for Investment and National Projects and Daewoo International
Corporation, and a memorandum of cooperation was signed between the
state agency and U.S. Innova Partners.

Kyiv City Administration and Avec Group signed an agreement of intent
on the realization of the Kyiv Business Harbor project in the
Desniansky district of Kyiv.

The National University of Life and Environmental Sciences of Ukraine
and Amaco signed a partnership agreement and CityTransport Group (the
managing company of LAZ holding) and France’s Alstom signed a license
agreement on production of trams.

The discussion panel was finished by the signing of a memorandum of
cooperation between the organization committee of the ABC: Ukraine &
Partners international business conference and the organization
committee of the Annual Investment Forum.