On July 23-25, 2018, the Ukrainian government and business delegation headed by the First Vice Prime Minister of Ukraine - Minister of Economic Development and Trade of Ukraine Stepan Kubiv paid a visit to the State of Israel.
The First Vice Prime Minister - Minister of Economic Development and Trade of Ukraine Stepan Kubiv held a meeting with the Minister of Economy and Industry of Israel Eli Cohen. The sides reached an agreement to complete the preparation for the signing the Free Trade Agreement until November this year. This document will open new opportunities for trade between our countries, in particular, increase the trade turnover between our countries over the next 5 years up to 2 billion dollars, which is more than twice than nowadays.
Opportunities to intensify cooperation between Ukraine and Israel in the field of innovation and high technologies were discussed during the visit of the First Vice Prime Minister of Ukraine to the leading Israeli high-tech companies: Mobileye, Spacecom, Elbit systems.
On July 25, 2018, the Business Forum "Israel-Ukraine trade business summit" was held with the participation of the governmental delegation. Representatives of more than 200 private companies, business associations, government circles had an opportunity to get acquainted with the prospects for the development of Ukrainian-Israeli business and to discover new opportunities in the Israeli market for Ukrainian companies in the IT and furniture sectors.