Doing business
On May 18-20 the Summit of International transport forum 2022 takes place, uniting leaders of transport branches practically all over the world. Within the framework of this event the Minister of Infrastructure of Ukraine Oleksandr Kubrakov and the U.S. Minister of Transport Pete Buttigieg signed the Memorandum on cooperation.
“We are sincerely grateful to our American colleagues for their sustained and consistent support of our country, particularly in its infrastructure advancement. American partners actively participate in the development of the Kiev bypass road project, provide Ukrzaliznytsia with modern locomotives from General Electric, and American sea carriers cooperate with Ukrainian ports.
Today we can speak of signing the Memorandum as one more evidence of friendly relations between the USA and Ukraine, which will further deepen the cooperation between the two states. We understand that we need to work now to rebuild Ukraine. The timely restoration of infrastructure is key in bringing our victory closer and is very important in Ukraine’s post-war development. We look forward to the continued comprehensive support of our American colleagues on this issue.
Among the key results of the Memorandum’s implementation, we expect to renew the entire park of locomotives and wagons by 2030, create a system of fast rail connections between major cities, and improve rail infrastructure, especially in large cities. Also in the sphere of our priorities in partnership with the American colleagues to work on projects of modernization of existing highways and installation of automatic weighing stations on them,” – Minister of Infrastructure Alexander Kubrakov said.
The memorandum also confirms the intentions of the parties to continue close cooperation on:
Source: www.kmu.gov.ua