Cooperation memoranda are signed by Ukrainian and Japanese companies

According to the press service for the Ukrainian Economy Ministry cited by Ukrainian media, representatives of Ukrainian and Japanese entities met in Berlin the day before Ukraine Recovery Conference 2024 in the frames of public-private roundtable and signed 23 cooperation memoranda.
Ukrainian First Deputy Prime Minister, Economy Minister Yulia Sviridenko said that the both sides had been working on deepening mutual bilateral cooperation systemically. For example, they have signed fifty-six agreements at a conference in Tokyo in February this year, which marked a tangible progress in their cooperation. Over 20 cooperation memoranda aimed at developping of specific projects on the ground are signed today, and the government are ready to give the necessary assistance to their implementation.
As media said, cooperation between Ukraine and Japan will be deepen in the spheres of infrastructure restoration, green construction, energy, agriculture, modernization of agricultural machinery, financing of affordable housing, waste recycling, healthcare, and rehabilitation and prosthetics for the wounded.
Access to the Japanese technical assistance will have been received by the Ukrainian projects via the United Nations Industrial Development Organization (UNIDO) and will reach188 million euros in total. They will implement about 30-40 projects at the initial stage to transfer Japanese technologies to Ukrainian companies. A grant of up to $10 million will be received by each project. A tender for Japanese bidders was announced by the Ukrainian government and UNIDO last week.
The possible delivery of tractors to small and medium-sized farms and a memorandum of mutual understanding on using satellite images for soil analysis and sowing plans were also mentioned by Sviridenko.
She said that insurance will be provided to Japanese companies participating in recovery projects in Ukraine by the Nippon Export and Investment Insurance (NEXI). Support of investment projects and providing grants to small and medium-sized companies for the Ukrainian economic recovery from the part of the Japan International Cooperation Agency (JICA) will continue.
Gratitude to the Japan Bank of International Cooperation (JBIC) for helping Ukraine, including through cooperation with G7 members and international institutions in building the EBRD-G7 DFI-EDFI co-investment platform for Ukraine, was expressed by Sviridenko.
The Ukrainian Economic Ministry’s press service has announced in Berlin the opening of the Japan External Trade Organization (JETRO) office in Kiev.
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