Dynamic growth of the Ukrainian economy and progress in internal reforms create conditions for further deepening of trade and investment cooperation between Ukraine and Norway. This was a central theme of the opening remarks of the Ambassador of Ukraine to Norway Viacheslav Yatsiuk at a networking meeting of the Norwegian-Ukrainian Chamber of Commerce that was held at the premises of the Norwegian law firm Wikborg Rein in Oslo on 24 May 2018.

Ambassador Yatsiuk stressed the importance of maintaining positive trends in the Ukrainian-Norwegian trade, which, according to the last year’s data, increased by almost 40 percent. In this regard, he spoke in favor of new effective instruments aimed at trade promotion. A step-by-step guide for Ukrainian exporters and Norwegian importers of agricultural products, prepared by the Norwegian-Ukrainian Chamber of Commerce that was presented during the meeting was highlighted as a good example of such instruments.

Viacheslav Yatsiuk also welcomed a decision of the Norwegian company Scatec Solar to start its investment projects in Ukraine in the area of solar power plants construction. It was emphasized that a successful experience of the Scatec Solar in Ukraine will draw attention of other important Norwegian investors to the opportunities of the Ukrainian economy.

The Ambassador of Ukraine to Norway expressed particular appreciation to Wikborg Rein for the important role of its lawyers in the proceedings at the Arbitration Institute of the Stockholm Chamber of Commerce, that resulted in Gazprom being obliged to pay USD 2,56 billion to Naftogaz of Ukraine.