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Ukraine PM calls for more Korean investments

[THE INVESTOR] The Ukrainian prime minister has met with representatives from leading South Korean companies to ask for more investment and closer economic cooperation, the Ukrainian Embassy in Seoul said on Oct. 5.

Prime Minister Volodymyr Groysman asked the South Korean business representatives to “deepen trade and economic cooperation and enhance investment in the Ukrainian economy, in particular in the energy sector, industrial complexes and mechanical engineering” during the meeting on Oct. 3, the embassy said.

The South Korean representatives were from the state-run Export-Import Bank of Korea, electronics giant Samsung Electronics, nonprofit organization W Foundation, steel maker POSCO‘s trading unit, POSCO Daewoo and the steel firm’s construction affiliate POSCO A&C, according to the embassy.

During the talks, the prime minister also invited Korean companies to take part in the Ukraine government‘s plan to privatize state-owned enterprises that will be launched in the near future, the embassy also said.