Chairman of the Joint Ukrainian-French Commission on Economic Cooperation Arsen Avakov held a telephone conversation with the Minister of Economy of France

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02.04.2021 15:50

There was a telephone conversation between the Co-Chairs of the Joint Ukrainian-French Intergovernmental Commission on Economic Cooperation — Minister of Internal Affairs of Ukraine Arsen Avakov and Minister of Economy, Finance and Economic Recovery of France Bruno Le Mere.

The parties discussed the issues of intergovernmental cooperation in the framework of cooperation between Ukraine and France, the available results of the Joint Ukrainian-French Intergovernmental Commission on Economic Cooperation and the next steps aimed at developing strategic areas of cooperation.

The main focus was on the modernization of the fleet of freight electric locomotives of JSC “Ukrzaliznytsia” with the support of the Government of the French Republic and the involvement of the French company Alstom in the framework of the project.

Recall that on behalf of the President of Ukraine Volodymyr Zelensky, negotiations were held earlier within the framework of the Joint Ukrainian-French Commission on the implementation of a project for the supply of electric locomotives to Alstom with partial localization of their production and maintenance in Ukraine.

The project was launched in September 2018, when Alstom and Ukrzaliznytsia signed a memorandum of understanding, which officially establishes cooperation in the provision and maintenance of electric locomotives. The financial model of the project involves the attraction of credit funds from the State Treasury of France and other sources.

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