Ukrainian President Petro Poroshenko and his French counterpart Francois Hollande have discussed bilateral cooperation in privatizing Ukrainian companies.
During their meeting in Paris on April 22 both presidents agreed to facilitate cooperation in privatization, the Ukrainian presidential press service has reported.
“We will use the expertise of the French bureau for the organization of the most transparent privatization in the history of Ukraine,” Poroshenko said.
The parties also discussed the participation of French investors in the privatization of large facilities in Ukraine.
“The presence of powerful French investors in Ukraine will only contribute to the strengthening of our reforms,” Poroshenko said.
France is also willing to share its experience in banking supervision, customs control, administration of public enterprises, as well as privatization, according to the press service.
Hollande in particular expressed his country’s interest in developing closer relations in the agro-industrial sector and in university education. He also announced that a French school would be in Ukraine.
The two presidents emphasized the importance of enhancing bilateral trade and economic relations, particularly in energy, transport, agricultural and food industry, environmental protection and tourism.
“We have signed a joint declaration and outlined a great volume of work that is to be done in various spheres. It is related to the modernization of economy and energy sphere, international financial support and certain projects that will lead to economic growth of Ukraine,” Hollande said.
Poroshenko and Hollande agreed on the training of specialists and the exchange of experience. The deadline for arrangements to enter their first phase of implementation is May 13.
