Sunday October 07, 2012
WAM ''Ukraine stands ready to enter into partnership with the UAE for running joint projects on its land in agriculture, processing and exporting food products to the UAE and other Middle Eastern markets. In light of the aggravating food crisis worldwide, attention is now focused on agricultural cooperation with Ukraine not only from the UAE but also from other Arab countries,'' Ukrainian Foreign Minister Kostiantyn Hryschenko noted.
He said :'' Ukraine and UAE have greater potential for joint cooperation in diverse sectors as space, aviation and defense. Development and deployment of satellites into orbit is one of the prospective priorities for such cooperation ........ we have a successful experience that should be expanded. In July 2009, DubaiSat-1 was launched into orbit from by the Ukrainian -Russian rocket and in last April, UAE Yahsat's first commercial telecommunications satellite was lifted to Baikonur Site by the world's largest Ukrainian-made plane.'' On renewable energy, Mr. Hryschenko said the UAE hosts the headquarters of the International Renewable Energy Agency (IRENA) and Kiev pays significant attention to renewables. In 2010, we have not single station for solar power, but in December 2011, we built one of the world's largest solar power plants in Crimea with a total capacity of 100 MW. We are also working diligently to deepening joint cooperation in renewable energy sources. Ukraine is also interested in partnership in nuclear safety fields given its matchless experience in that respect.
Addressing the competitive edge of Ukraine and potential areas for UAE investment, he added :'' The investment opportunities available in Ukraine and the legal environment that effectively regulates investment and protects foreign investors in addition to the huge UAE investment clout will allow the Ukrainian side to present feasible proposals for joint constructive cooperation and investment projects that benefit both countries. I believe political stability in Ukraine and determination of state authorities to go ahead with development plans will provide a key factor for success of foreign investment. A series of reform to improve investment climate are now being introduced under the leadership of Ukrainian President Viktor Yanukovych.'' more WAM/TF