You're reading: Yushchenko: U.S.-Ukraine economic cooperation should receive new impetus

Ukrainian President Viktor Yushchenko has said he is confident that economic cooperation between Ukraine and the United States should receive a new impetus.

He said this at a working lunch with US businessmen in New York on Tuesday, his press service reported.

“Our state is ready for close cooperation with U.S. businessmen, is
ready to propose new forms of cooperation, and can be oriented to
concrete achievements and mutual benefit,” Yuschenko said.

He said that the United States had invested nearly $1.4 billion in
the Ukrainian economy in the first half of this year. However, the
global economic crisis had a negative effect on investment activity and
foreign trade turnover, he added.

Yushchenko said that in such a situation, it was necessary to conduct
a thorough analysis of concrete reasons for the fall in these figures
and give a new impetus to bilateral economic cooperation.

He called on U.S. and Ukrainian businessmen to conduct active work
on seeking new partners, as well as seek new forms and approaches to
cooperation. Yushchenko also invited the U.S.-Ukraine Business Council,
the Manhattan Chamber of Commerce and other unions of industrialists
and entrepreneurs to take part in this cooperation.

He said that Ukraine and the United States could cooperate in the
space sector, engineering, transport, and the farm sector. Yushchenko
said that over the last one-and-a-half years, Ukraine’s agriculture had
received more investment than any other sector.

Yushchenko also said that U.S. businessmen could cooperate with Ukraine in the sphere of energy and energy saving.