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Ukraine invited the French to invest in mining and exploration of minerals

Mining industry / Ukraine

The State Service of Geology and Mineral Resources of Ukraine is actively looking for foreign investors to develop deposits of strategic metals, as well as gold and hydrocarbons.

Ukraine invited the French to invest in mining and exploration of minerals

Head of the State Service of Geology and Subsoil of Ukraine Roman Opimakh presented to French investors the subsoil plots with deposits of critical and strategic minerals for purchase at electronic auctions. The online meeting was organized by the Ukrainian Embassy in the French Republic and the UkraineInvest Investment Promotion and Support Office.

In particular, R. Optimah offered foreign partners to develop deposits of lithium, titanium, nickel, cobalt, niobium, zirconium, as well as gold and hydrocarbons. The head of the State Geological Survey also informed the meeting participants about the conditions for familiarizing themselves with geological information and the procedure for participating in electronic auctions.

“The development of partnership with the European Union has a number of advantages due to its close geographical location and strong political and economic ties. The priority of the State Geological Service is to attract investments, including foreign ones. We are pursuing a consistent policy in this direction - we have begun a series of meetings with representatives of foreign and international companies, business circles and government organizations, where we talk about the specifics of doing business in Ukraine and present vacancies with deposits of critical and strategic raw materials, ”said the chairman of the State Geological Survey to the French.

During a lively discussion, the webinar participants discussed the prospects for cooperation between Ukraine and France in the development of Ukrainian subsoil, as well as norms, investment incentives and ways for French businesses to enter the Ukrainian subsoil market.

As a result of the meeting, the parties agreed to continue business communication. In particular, representatives of the French business association "Avenia" planned to hold a meeting with the members of the union to clarify current issues and continue discussions with the Ukrainian side about the start of joint investment projects.

Earlier this week, the Chairman of the State Geological Survey made a similar offer to Austrian businessmen. “Our goal is to revive the market, raise its competitiveness and create a positive image of the country for the development of the Ukrainian economy,” said R. Optimakh.

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