Ukraine seeking JVs with Iran in energy, agriculture sectors

March 9, 2016 - 0:0

TEHRAN - Ukraine is seeking to launch joint ventures with Iran in oil, gas, petrochemicals, and agriculture sectors, said Ukrainian Deputy Prime Minister and Minister of Regional Development, Construction and Municipal Economy, Gennadiy Zubko. 

According to the IRNA news agency, Zubko also called for boosting bilateral ties in infrastructure projects, including plane manufacturing, tunnel building, and subway constructing.

Addressing Iranian Agriculture Minister Mahmoud Hojjati, Zubko made the remarks on the sidelines of the 5th session of Tehran-Kiev Joint Economic Commission for Economic Cooperation which was held in Tehran on Monday.

*** Transiting Iran’s oil and gas via Ukraine

Meanwhile, Ukraine’s Minister of Energy and Coal Industry Vladimir Demchishin said Iran’s oil and gas could be transited to Europe via Ukraine.

Demchishin said Ukraine could collaborate with Iran in modernizing its techniques of oil and gas excavation and shipment.

Ukrainian companies, he added, are poised to help Iran in developing its hydroelectric power plants and coal industry.

*** Tehran-Kiev sign MOU on diverse areas

During the session, Hojjati and Demchishin signed a memorandum of understanding (MOU) on economic cooperation.

Hojjati said the MOU envisages a broad range of fields for collaboration between the two sides, including, agriculture, urban development, geology, auto making, tourism, electricity and water as well as air, land and transportation.

The minister said, “We are particularly willing to launch joint companies with Ukraine to conduct agricultural projects”.