Memorandum on Energy Cooperation Ukraine-Germany

by Roman Cheplyk
Friday, March 31, 2023
1 MIN
Memorandum on Energy Cooperation Ukraine-Germany

Results of the meeting between the minister of energy of Ukraine and members of the German Eastern Business Association

On March 29, the minister of energy of Ukraine Herman Galushchenko and members of the German Eastern Business Association met in Berlin. As part of the negotiations, topics of mutual participation in the development of green energy were raised. The result of the meeting was a framework memorandum in the field of green energy and joint contribution in this field.

"The memorandum envisages the exchange of experience between the parties in accelerating the transition to green energy, the implementation of common joint formats of cooperation on the integration of the energy market of Ukraine with the European one, as well as the support of green recovery within the framework of the joint implementation of pilot projects of energy reconstruction in Ukraine at the expense of investments of German business," the Ministry of energy of Ukraine.

It is essential to understand that developing green energy is important not only for improving the ecological environment but also for improving the economic background of all countries that seek to reduce dependence on Russian energy resources and strengthen resistance to black swans.

Investments in the green energy of Ukraine are investments in the security of Europe.

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