TOKYO - Thursday, 29. February 2024
Three Hundred Government Officials and Business Representatives Gathered to Show Japan's Support for Ukraine's Reconstruction
(BUSINESS
WIRE) -- On February 19th, representatives of the governments of Japan
and Ukraine, as well as business organizations, gathered in Tokyo for
the Japan-Ukraine Conference for Promotion of Economic Growth and
Reconstruction.
The Japanese government delegation, led by Prime
Minister of Japan Kishida Fumio, pledged long-term support for Ukraine's
recovery through public-private partnership. The Ukrainian delegation,
led by Prime Minister of Ukraine Denys Shmyhal, thanked Japan for its
assistance and invited Japanese businesses to invest in Ukraine's
reconstruction. Each delegation consisted of more than 100 government
and corporate officials. In total, around 300 people and 130 companies
took part in the conference. The two governments agreed to cooperate on
seven key areas: land mine action and debris clearance, humanitarian aid
and livelihood reconstruction, agricultural development, biotechnology,
digital and information technology, transportation and energy
infrastructure, and anti-corruption and governance-strengthening
measures.
In his keynote speech, Prime Minister Kishida described
supporting Ukraine's recovery from the ongoing war as "investing in the
future," and called on the international community to contribute.
“Japan’s public and private sectors will all work together through an
all-Japan approach, utilizing the knowledge derived from Japan’s postwar
and disaster reconstruction efforts,” he said in his speech. “The
promotion of economic reconstruction, however, is not only investment
for the future of Ukraine but also investing in Japan and the whole
globe.” He outlined new initiatives for Japan's public and private
sectors to support Ukraine. Kishida also announced that Japan would ease
entry visa requirements for Ukrainian citizens involving in
Japan-Ukraine cooperation projects.
Prime Minister Shmyhal
thanked Japan for its ongoing assistance and Prime Minister Kishida for
his visit to Ukraine in 2023. He added “Today’s conference will be the
next step towards continuing the development of both countries’
relationships.” Shmyhal mentioned the financial success of Japanese
companies in Ukraine so far and invited businesses to further invest in
the coming “Ukrainian economic miracle.” He underlined key sectors such
as energy, agriculture, and infrastructure as offering prime investment
opportunities with robust growth potential.
Both leaders
emphasized their commitment to cooperation, as well as the importance of
the private sector in Ukraine's reconstruction.
The conference
resulted in the announcement of 56 documents, including
inter-governmental agreements. The two governments signed a convention
eliminating double taxation, which will support Japanese companies to
invest in Ukraine. They also signed an agreement on bilateral crediting,
exchanged notes concerning a grant aid for emergency recovery, and
pledged to collaborate in the fields of education and technology.
Other
documents included deals between government agencies and individual
businesses and business organizations. Japanese companies signed deals
with Ukrainian companies and government agencies to develop energy
facilities, rebuild infrastructure, remove land mines, and more.
Since
the Russian invasion in February 2022, Japan has consistently provided
humanitarian aid and other assistance to Ukraine. With the
public-private partnership announced at this conference, Japan plans to
use its technological expertise and experience in post-disaster recovery
and reconstruction to strengthen its support for Ukraine.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240229458562/en/
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Contacts
Ministry of Foreign Affairs
+81-(0)3-3580-3311
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