Ukraine and Great Britain will sign an agreement on digital trade


Ukraine and Great Britain will sign an agreement on digital trade


Digital trade is becoming the dominant form of commerce in the world. This agreement will ensure Ukraine’s participation in the global economy and positively affect the image of the state as a trading partner. It will also increase confidence in Ukrainian business, enhance investment attraction and SME development.
 
Main areas of cooperation include:

  • financial technologies and payment systems;
  • open digital markets;
  • technical cooperation.


The Ministry of Digital Transformation of Ukraine, the Ministry of Economy of Ukraine and the Ministry of Foreign Trade of Great Britain will work closely on the text of the agreement. Ukraine will become the second country to sign an agreement on digital trade with Great Britain. Previously, the Digital Economy Agreement was signed with Singapore. Such cooperation will contribute to the  further development of digital trade and innovation in Ukraine.

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