News

Ukraine and Latvia plan to cooperate in increasing the export of Ukrainian products

Published May 24, 2024

Tridge summary

A meeting between Ukraine and Latvia's Ministry of Economy discussed enhancing logistics routes, increasing transportation through Baltic ports, and boosting Ukrainian food exports. Latvia has committed to providing €6 million in support of Ukrainian infrastructure development in 2024, with similar funding expected for the following year. Both countries are looking to bolster economic ties, with a focus on replacing Russian agricultural exports and developing export routes. A working group will be established to explore transport cooperation at the national and EU levels, including a proposed combined logistics solution and the expansion of railway transport and eCherga service use.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The issue of the development of logistics routes, increasing the volume of transportation through Baltic ports, rail and road transport, as well as increasing the export of Ukrainian products, in particular food, were discussed during the meeting of representatives of the Ministry of Community Development, Territory and Infrastructure of Ukraine with the delegation of the Republic of Latvia headed by the country's Minister of Economy Viktors Valainis, the press service of the Ministry of Reconstruction reported on May 22. "During the meeting, the parties discussed the development of logistics chains, the creation of favorable financial and economic conditions, and the stimulation of economic cooperation between the countries. As mentioned, in 2024, Latvia will allocate 6 million euros to support the development of infrastructure in Ukraine. It is expected that a similar amount of support will be provided for the next year. "The Republic of Latvia is interested in strengthening ...
Source: Agravery
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