Photo from UNIAN
India is Ukraine's largest trading partner in the Asia-Pacific region.
The volume of trade turnover between Ukraine and India in the first ten months of 2018 increased by 1.5% to $2.295 billion, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv said during the International Partnership Summit in Mumbai (India).
According to Kubiv, the exports of Ukrainian products amounted to over $1.8 billion, the economy ministry press service reports.
Kubiv has noted that India is Ukraine's largest trading partner in the Asia-Pacific region.
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"Ukraine has a wide range of projects in various areas interesting for attracting investment and developing manufacture of quality products with high added value. These are agri-industry and energy, industry in general, and aircraft industry, in particular, including aircraft repair and maintenance, supplies of helicopters for medical services and other civilian needs," said the minister.
He stressed that all these areas could be of interest to Indian businesses.
“In turn, we're offering the most favorable business climate,” Kubiv added.
Industrial cooperation between businesses is among the key tasks of further cooperation between the two countries.
As UNIAN reported earlier, trade turnover between Ukraine and India in 2017 grew by 18.8%, amounting to $2.8 billion.