Germany’s Scholz to speak on economic relations with Ukraine

Germany’s Scholz to speak on economic relations with Ukraine

The German-Ukrainian Economic Forum is set to take place in Berlin on Wednesday, with the focus on Ukraine’s economic resilience after nearly three years of a full-scale Russian invasion.

From the German side, Chancellor Olaf Scholz, Economy Minister Robert Habeck and Development Minister Svenja Schulze are expected to attend.

From Ukraine, Prime Minister Denys Shmyhal, his deputy Yulia Svyrydenko and Energy Minister Herman Halushchenko are expected to attend.

According to the organizers, special attention will be given to Ukraine’s energy supply, which is entering the third winter of war with severe damage from Russian attacks. Another topic is the cooperation between German and Ukrainian arms companies.

In bilateral trade in 2023, Germany exported goods worth €6.9 billion ($8.8 billion) to Ukraine and imported goods worth €2.9 billion.

According to the Federal Statistical Office, imports from Ukraine mainly included agricultural products, automotive parts and food.

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