The Qatar-Ukraine Business Forum (QUBF) is working with the Ukraine Investment Promotion Office (UkraineInvest) to introduce “lucrative investment opportunities” to Qatar in the agribusiness and tech industry, according to QUBF founder and chairperson Dr Olga Revina.
“The QUBF has held strategic discussions with UkraineInvest to outline the crucial segments for Qatar-Ukraine investment potentials. UkraineInvest was recently part of an e-forum titled ‘Food & Agriculture Industry Opportunity Session’. Another such e-forum is slated on June 18,” Revina told Gulf Times.
UkraineInvest is the Ukrainian government’s investment promotion office created in 2016 to attract foreign direct investment and assist existing investors to expand their businesses in Ukraine.
“Economic cooperation between Ukraine and Qatar is mutually beneficial with significant room for development. Ukraine’s agri-sector is famous worldwide as the ‘breadbasket of Europe’, and our role in global food security is rising.
“These and other factors make Ukrainian agribusiness attractive investment target. Our infrastructure, energy, chemical, pharmaceutical, and other strategic sectors are open for Qatari investment and trade opportunities”, said Sergiy Tsivkach, chair of the board, UkraineInvest.
Following an agreement with Qatar on the opening of its domestic market for Ukrainian products, Ukrainian companies were able to export meat products, such as poultry and beef, along with dairy, eggs, and fish, resulting to a 25% increase in Ukrainian exports to Qatar in 2019, Revina stressed.
Ukraine’s main exports to Qatar are agri-food and metals, said Revina, who noted that Ukrainian exporters benefitted from “Qatar’s liberal tax system, 5% import duty, free movement of capital, as well as visa-free regime between Qatar and Ukraine.”
“Among the top priorities for Qatar are the provision of food security and the completion of the infrastructure projects for the 2022 FIFA World Cup. Ukraine remains the leading partner in providing food security.
“Thus, Ukrainian exporters have ample trade opportunities in agriculture and metallurgical products of certain segments, which gained positive reviews in the Qatari market due to its competitive price and quality,” Revina emphasised.
Asked about QUBF’s other plans in the pipeline, Revina said, “Ukraine’s new concession legislation creates potentially exciting infrastructure investment opportunities for Qatari business, as Ukraine looks to continue its modernisation and make the most of an advantageous geographical location as one of the world’s great international gateways.”
UkraineInvest is the Ukrainian government’s investment promotion office created in 2016 to attract foreign direct investment and assist existing investors to expand their businesses in Ukraine.
“Economic cooperation between Ukraine and Qatar is mutually beneficial with significant room for development. Ukraine’s agri-sector is famous worldwide as the ‘breadbasket of Europe’, and our role in global food security is rising.
“These and other factors make Ukrainian agribusiness attractive investment target. Our infrastructure, energy, chemical, pharmaceutical, and other strategic sectors are open for Qatari investment and trade opportunities”, said Sergiy Tsivkach, chair of the board, UkraineInvest.
Following an agreement with Qatar on the opening of its domestic market for Ukrainian products, Ukrainian companies were able to export meat products, such as poultry and beef, along with dairy, eggs, and fish, resulting to a 25% increase in Ukrainian exports to Qatar in 2019, Revina stressed.
Ukraine’s main exports to Qatar are agri-food and metals, said Revina, who noted that Ukrainian exporters benefitted from “Qatar’s liberal tax system, 5% import duty, free movement of capital, as well as visa-free regime between Qatar and Ukraine.”
“Among the top priorities for Qatar are the provision of food security and the completion of the infrastructure projects for the 2022 FIFA World Cup. Ukraine remains the leading partner in providing food security.
“Thus, Ukrainian exporters have ample trade opportunities in agriculture and metallurgical products of certain segments, which gained positive reviews in the Qatari market due to its competitive price and quality,” Revina emphasised.
Asked about QUBF’s other plans in the pipeline, Revina said, “Ukraine’s new concession legislation creates potentially exciting infrastructure investment opportunities for Qatari business, as Ukraine looks to continue its modernisation and make the most of an advantageous geographical location as one of the world’s great international gateways.”
