OREANDA-NEWS. August 08, 2014. Rebuilding of Ukraine’s East, completing of work on the Agreement on mutual investment protection, enhancement of cooperation in energy and agriculture have become the central topics of business consultations between Ukraine and Japan.

Ukraine deeply appreciates the support Japan renders to our country, the Minister of Economic Development and Trade of Ukraine Pavlo Sheremeta stressed.

“We are studying and trying to introduce best world practices of economic growth. It is evident that now among the best practices is singled out the Asian Miracle, the pioneer of which is Japan. The experience of Japan in drawing investments, promoting export, permanent improvement practice, innovations, training necessary human resource to make a breakthrough which Japan did in a postwar period and took a leading place among the most developed world countries – this experience is of peculiar importance for Ukraine,” Pavlo Sheremeta said.

The Minister explained the incumbent Government takes gradual steps directed to deregulation, lowering pressure of controlling bodies, improvement of tax system – all the steps, according to the Minister of Economic Development and Trade, are destined to ensure any business’ “life and work to be simpler, more profitable and efficient in our country”.

Pavlo Sheremeta emphasized a visit in such hard period of the powerful delegation from Japan comprising of a number of top officials and around 20 chiefs of worldwide known Japanese corporations appears a sign of the friendly support demonstrated by the Government of Japan. 

“On behalf of the Government of Ukraine I would like to express gratitude for the constant support of the Government of Japan: the best friends are tested in hard times. And we consider it an honor to have such friend as Japan that expresses us solidarity in difficult times. Your friendly, moral, financial and intellectual support is highly evaluated by the Government of Ukraine and the people of Ukraine,” Pavlo Sheremeta said.

The parties agreed that among the most urgent issues for Ukraine are energy security and agricultural development. The Japanese party aired readiness to help Ukraine in development of these sectors.

“I wish the meeting could contribute into strengthening of economic and business relations between our countries,” the Minister of Economy, Trade and Industry of Japan Toshimitsu Motegi stressed. “We suggest to finalize the negotiations on preparation the Agreement on mutual investment protection and stir up the process of its realization by the end of the year”.

Toshimitsu Motegi noted Japan is ready to help Ukraine and would like to study in details the needs of our country.

In the framework of Japanese-Ukrainian business consultation there took place a meeting between the Minister of Economic Development and Trade of Ukraine Pavlo Sheremeta and the Minister of Economy, Trade and Industry of Japan Toshimitsu Motegi. The parties signed a Memorandum of cooperation in energy on the outcomes of the consultations.