Japan planning to allot 160 mln euros for economic recovery of Ukraine

MOSCOW. Nov 20 (Interfax) - Japan plans to allot 160 million euros for Ukrainian economic recovery projects, Ukrainian media quoted Prime Minister Denis Shmyhal as saying on a social network on Monday.

"I have defined our fast recovery priorities as energy, housing, critical infrastructure, and support for business. I am grateful to the Japanese delegation for today's mission, which will promote further drawing of Japanese companies into the restoration," Shmygal said after a meeting with Japanese State Minister for Foreign Affairs Kiyoto Tsuji, State Minister of Economy, Trade and Industry Iwata Kazuchika and Japanese business representatives.

In his words, Ukraine is interested in setting up joint ventures, especially in manufacturing industries. "Cooperation in the agro-industrial sector, metal processing, machine building, critical raw materials and information technology is important to us. The Japanese experience would prove useful for the economic recovery of Ukraine," Shmygal said.