Ukraine's President Counts on Increased Investment From Germany

© AP Photo / Matthias SchraderUkrainian President Petro Poroshenko waves at the Security Conference in Munich, Germany, (File)
Ukrainian President Petro Poroshenko waves at the Security Conference in Munich, Germany, (File) - Sputnik International
Ukrainian President Petro Poroshenko said on Thursday he expected Germany to increase investment in the Ukrainian economy, according to a statement issued by his press service.

KIEV (Sputnik) — Poroshenko held talks with delegation of secretaries of state of Federal Ministries of Germany, which paid a visit to Ukraine within the German government's mission to assist Kiev in the implementation of reforms.

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"The Head of State urged German business to use the advantages of the Ukraine-EU Association and Free Trade Area Agreement more actively. According to him, Ukraine is interested in enhancing economic and investment presence of Germany. The President is hopeful to expand bilateral trade relations," the statement released on Poroshenko's website reads.

Poroshenko thanked the German delegation for Berlin's "financial and technical aid" and stressed that Ukraine-Germany trade chamber, expected to start operations in the fall, would become an important tool to boost the ties between the two countries.

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