At the beginning of this week, an online meeting took place between Ukraine’s Minister of Economy Oleksiy Sobolev and the UK’s Minister for Business and Trade Chris Bryant. During the negotiations, the parties discussed the further implementation of the 100-Year Partnership Agreement and identified key areas for future cooperation.
This is reported by Finway
Attracting Investment and Supporting Business
Kyiv and London agreed to closely coordinate the attraction of British private capital to Ukraine’s industry, technology sector, agricultural sector, and infrastructure reconstruction. Among the priorities are the creation of joint investment projects and the provision of financial guarantees to businesses, which will contribute to the economic development of both countries.
Particular attention was paid to expanding financial mechanisms to support small and medium-sized enterprises through the use of British entrepreneurship development programs. Additionally, the parties considered the prospects of creating new instruments for insuring war risks for businesses, in which UK Export Finance will participate.
Trade Liberalization and Procurement Modernization
Among the agreements reached is the further expansion of access for Ukrainian products to the UK market, including the continuation of zero tariffs on poultry products and eggs. There is also discussion of possible additional liberalization of agricultural trade, which will allow Ukrainian exporters to strengthen their positions in the United Kingdom.
The parties agreed to prepare a joint action plan for 2026 and decided to enhance coordination between the relevant ministries of the countries. The document is planned to be presented within the framework of the Ukraine-United Kingdom Strategic Dialogue in November.
Furthermore, Ukraine and the United Kingdom plan to cooperate in improving the public procurement system, particularly in implementing non-price evaluation criteria and ensuring transparency in tender procedures.