Tuesday, April 8, 2008

Ukrainian-Canadian Business Forum to be held in Edmondon (Canada)

An agreement on holding a Ukrainian-Canadian Business Forum in Edmonton (Alberta province, Canada) was reached at a meeting of Anatoliy Kinakh, President of the Ukrainian Union of Industrialists and Entrepreneurs (UUIE), with representatives of Edmonton, the UUIE official website informs. Participating in the meeting was Ambassador Extraordinary and Plenipotentiary of Canada to Ukraine Abina Dann.

According to Edmonton Mayor Stephen Mandel, the Canadian business is looking for countries with high tech and science intensive production bases for their investments. The Edmonton Mayor also noted that Ukraine and the Alberta province are similar by trends of their economic development. "We ensure oil and gas transit, we produce energy carriers and we concentrate our efforts on the power-producing engineering industry", he said, having stressed that it is a good basis for long-term cooperation.

Ukrainian entrepreneurs hope that the business forum will become one more stage to efficient cooperation of the two countries' private sectors, Anatoliy Kinakh noted.

According to him, presently Ukraine needs assistance in modernization of gas- and oil-transport corridors, as well as in development of perspective gas deposits of the Azov and Black Sea shelves.