Estonia takes part in Global Economic Impact Forum on Ukraine

TALLINN – On July 21 and 22, representatives of the joint institution of Enterprise Estonia (EAS) and Kredex participated in the Global Economic Impact Forum on Ukraine in Istanbul, where investment and trade opportunities, challenges facing regional and global supply chains, and ensuring the economic continuity of Ukraine and its trading partners through new cooperation opportunities were discussed.

Sven Aulik, head of export counselors at the joint institution of EAS and Kredex, participated in a panel focusing on changes in the investment climate and new collaborative trade models. The panel discussed changes in investor confidence and how government investment agencies can create new opportunities for cooperation. It was also discussed how different countries are supporting the temporary relocation of Ukrainian companies with a view to their eventual return and the reconstruction of Ukraine, spokespeople for the joint institution said.

"Estonia has made a strong contribution to the digital development of Ukraine, helping the country to maintain the continuity of the services of the state throughout this war. However, Estonia's cooperation and support for Ukraine do not stop there. Our companies not only want to support Ukraine with the skills, goods and services necessary for building up the country, but also want to become active members of the Ukrainian business environment directly, with  several of them exploring plans to establish local units and production facilities in that country," Aulik noted.

 Achim Hartig, managing director with Germany Trade and Invest; Bogdan Bogdanov, CEO of Invest Bulgaria, Eva Jungmannova, director of investments and foreign operations of the Czech Republic; Iveta Strupkaja, deputy director of the Investment and Development Agency of Latvia;  Kieran Donoghue, strategy manager at Ireland's Foreign Direct Investment Agency; Stelian Manic, director general of Invest Moldova; and Sergiy Tsivkach, CEO of UkraineInvest, also took part in the panel.

The joint institution of EAS and Kredex and the organizer of the forum, International Trade Center (ITC), also announced the opening of nominations for the 2022 "Go Global Awards" export promotion awards and the award event, which will take place on Oct. 19-21 this year in Tallinn. In his speech, Sven Aulik, representative of the joint institution, invited all participants of the Istanbul forum to Tallinn to continue the important dialogues and conversations started at the Global Economic Impact Forum on Ukraine.

ITC is a non-profit international trade council operating since 1956, whose network includes 79 national export and investment agencies and over 400 chambers of commerce.