Until now, Britain has concluded only one Digital Economy Agreement with Singapore, the Ministry of Digital Development said.
Ukraine and the UK are planning to sign a digital trade agreement. This was reported by the Ministry of Digital Development on Wednesday, August 24.
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It is indicated that the Ministry of Digital Development, the Ministry of Economy and the UK Department for Foreign Trade will work on the text of the agreement.
“We will be the second country in the world to sign a digital trade agreement with the UK. Previously, the Digital Economy Agreement was concluded with Singapore,” the message said.
Through cooperation, it will be possible to develop digital trade and innovation between Ukraine and the UK.
Key areas include: financial technologies and payment systems, open digital markets and collaboration.
“Digital trade is growing into the dominant form of trade around the world. For Ukraine, such an agreement will contribute to participation in the global economy and will have a positive effect on the image of our state as a trading partner. It will also increase . confidence in Ukrainian business, attract investment and develop small and medium-sized enterprises “, the message said.
The Ministry of Digital Development believes that economic relations between Ukraine and the UK will be as convenient as the Diya application – “100% digital and a minimum of bureaucracy.”
It was previously reported that Britain intends to lead the reconstruction of Ukraine after the war. A focal point office will be opened in London. Next year there will be a conference dedicated to the restoration of Ukraine.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.