Durban Chamber strengthens trade relations with Ukraine
Themed, Doing Business with Ukraine, the sessions formed part of a Memorandum of Understanding (MOU) signed by the Durban Chamber and Ukrainian Chamber earlier this year.
DRIVEN by its efforts to enhance business opportunities for both South Africa and Ukraine, the Durban Chamber of Commerce and Industry NPC hosted its first physical networking event, since the lockdown, at the Durban Country Club.
Themed, Doing Business with Ukraine, the sessions formed part of a Memorandum of Understanding (MOU) signed by the Durban Chamber and Ukrainian Chamber earlier this year.
Speaking about the objective of the event, Durban Chamber CEO, Palesa Phili said, “The aim of the event was to strengthen trade relations with both countries. With the current economic challenges, one of our main objectives was to look for new opportunities for our members. These opportunities should bring an impactful change to both the formal and informal sector which range from distribution and partnerships of various products. A couple of months ago Eric Applegreen introduced us to ambassador Abravitova of Ukraine who was very energetic and passionate about wanting to build relations.”
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Phili added, “I am happy to announce that from the discussions we’ve had, there are two possible investment opportunities we are currently engaging on with the Ukrainian business delegation. We are hoping those two investments come into fruition.”
“When Covid hit us last year, we devised a response with four pillars and the fourth was arguably our most complex pillar which has been to focus on the economy. We knew from the start that while protecting the lives of our people was the first priority, we also had to protect our economy from total collapse. What became clear to us from the beginning was that these plans would require us working with all our social partners in the country and stimulating growth through trade relations with other countries,” said MEC for Economic Development Tourism and Environmental Affairs, Ravi Pillay.
Ukrainian Chamber of Commerce and Industry President, Gennadiy Chyzhykov said, “The most important thing is to unite our communities and support each other not only domestically, but globally as well. The key purpose of our mission is to know each other. It is only when you know your real counterpart you can understand what is in demand and how we can develop relations.”
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