Ukraine received the status of an associated member state of the Three Seas Initiative, which will contribute to development of logistics in the region and facilitate export of the Ukrainian goods, including foodstuff, as reported by the Ministry of Economy based on the results of the summit of the Three Seas initiative held in Bucharest on September 6, 2023.
Yuliya Svyridenko, First Deputy Prime Minister & Minister of Economy, notes, “It means that our country has gained access to all the tools that have been developed as part of the initiative”.
She adds, “Partners called us to participate in the restructuring of the region’s architecture, which is the need of the hour due to russian gostilities”.
For Ukraine, as well as for (associate) member states the Three Seas initiative, key direction of efforts shall be development of logistics and trade in the region.
Yuliya Svyridenko highlights, “For our partners, outbreak of the war served as grounds to think about the need to change global approaches, such as updating infrastructure, transport systems, food supply, attraction of investments in energy and other strategic sectors, in order to completely get rid of russian oil and gas”.
At the summit, Ukraine drew attention to the need to solve problems in trade relations between the countries. First of all, it concerns removing barriers to trade and restoring the export of Ukrainian grain and other crops. At the summit, Yuliya Svyridenko discussed all these issues in her report.
First Deputy Prime Minister & Minister of Economy emphasizes, “the states participating in this initiative are already developing transport capacities to facilitate exports from Ukraine. Therefore, despite the war and regular shelling, trade in the Danube and trade routes that go to the ports of Romania, Bulgaria, Croatia and Greece will develop rapidly”.
Yuliya Svyridenko mentions, “With the victory and restoration of full freedom of navigation in the Black Sea, we will see a new reality of trade in the region of the Three Seas Initiative, i.e. free and efficient, thanks to the developed infrastructure”.
A step towards logistic and export development: Ukraine is associated member state of the Three Seas Initiative
Ukraine received the status of an associated member state of the Three Seas Initiative, which will contribute to development of logistics in the region and facilitate export of the Ukrainian goods, including foodstuff, as reported by the Ministry of Economy based on the results of the summit of the Three Seas initiative held in Bucharest on September 6, 2023.
Yuliya Svyridenko, First Deputy Prime Minister & Minister of Economy, notes, “It means that our country has gained access to all the tools that have been developed as part of the initiative”.
She adds, “Partners called us to participate in the restructuring of the region’s architecture, which is the need of the hour due to russian gostilities”.
For Ukraine, as well as for (associate) member states the Three Seas initiative, key direction of efforts shall be development of logistics and trade in the region.
Yuliya Svyridenko highlights, “For our partners, outbreak of the war served as grounds to think about the need to change global approaches, such as updating infrastructure, transport systems, food supply, attraction of investments in energy and other strategic sectors, in order to completely get rid of russian oil and gas”.
At the summit, Ukraine drew attention to the need to solve problems in trade relations between the countries. First of all, it concerns removing barriers to trade and restoring the export of Ukrainian grain and other crops. At the summit, Yuliya Svyridenko discussed all these issues in her report.
First Deputy Prime Minister & Minister of Economy emphasizes, “the states participating in this initiative are already developing transport capacities to facilitate exports from Ukraine. Therefore, despite the war and regular shelling, trade in the Danube and trade routes that go to the ports of Romania, Bulgaria, Croatia and Greece will develop rapidly”.
Yuliya Svyridenko mentions, “With the victory and restoration of full freedom of navigation in the Black Sea, we will see a new reality of trade in the region of the Three Seas Initiative, i.e. free and efficient, thanks to the developed infrastructure”.