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U.S. fund launches 5.6 million dollars-worth economic development program to support Ukraine
19:51, 26 May 2016
U.S. fund launches 5.6 million dollars-worth economic development program to support Ukraine

Western NIS Enterprise Fund assigns over $ 5,6 million for economic development in Ukraine

19:51, 26 May 2016

dailyreckoning.com

Western NIS Enterprise Fund chairman Yaroslava Johnson reported this during presentation of the fund.

"The current year';s budget amounted to more than $ 5,6 million", Johnson said.

The head of the fund stated that the three-year technical assistance program with a total budget of $ 30 million was launched within the financial support of the US Agency for International Development (USAID) for Ukraine and Moldova in 2015.

In the field of export promotion Western NIS fund contributed to the opening of the corresponding office in the Ministry of Economic Development in September last year. Besides, three business forums were held in the United States, Germany and the Netherlands. According to Johnson, during the current year the fund plans to conduct two business forums for Ukrainian export promotion. The first one will be held on June 20-21 in Canada. The fund will also create a special web portal for the exporters and organized trade missions.

Related: Ukraine’s economy ministry expects stable growth

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