Ukraine's Cabinet orders creation of Export Promotion Office

The Cabinet of Ministers of Ukraine has ordered the creation of the Government's Export Promotion Office (EPO), which previously functioned as a project team at Ukraine's Economic Development and Trade Ministry.

"The government backed the initiative by the Economic Development Ministry and Stepan Ivanovych [Kubiv, Minister of Economic Development and Trade] to establish a state institution, namely the Export Promotion Office," Ukraine's Trade Envoy Nataliya Mykolska told a briefing held in Kyiv on March 28.

According to Mykolska, the state will invest in providing services for Ukrainian exporters.

Read alsoPoroshenko signs law allowing toll road construction in Ukraine"Finally, the state, besides doing policy-making, will invest taxpayers' money in providing services to Ukrainian exporters – that is, to teach them, help them enter foreign markets, seek partners abroad and new opportunities on other markets through consulting," the trade envoy stressed.

As UNIAN reported earlier, the Export Promotion Office, as a project team under the Economic Development Ministry, was established in July 2016. The office arranges business forums, promotes Ukraine, as well as develops imagemaking, promotional, information and analytical materials related to foreign trade.

Read alsoEuropean businesses need clear rules of game on Ukrainian market – ex-MPOn March 21, the Cabinet of Ministers ordered the creation of an Investment Promotion Office, which previously functioned as a consultative body under the government.