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Ukraine, Iceland to speed up preparation of mutual investment protection agreement

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Ukrinform | 9 April 2020

Ukraine, Iceland to speed up preparation of mutual investment protection agreement

Foreign Minister of Ukraine Dmytro Kuleba and Minister for Foreign Affairs of Iceland Gudlaugur Thór Thórdarson agreed to accelerate the preparation of an agreement on promotion and mutual protection of investments.

"The ministers reiterated their interest in accelerating preparation for the signing of important documents for further intensification of bilateral cooperation and interpersonal contacts: the agreement on promotion and mutual protection of investments and the air link agreement," the press service of the Ministry of Foreign Affairs of Ukraine reported upon the phone conversation between the ministers on April 8.

As noted, the Foreign Minister of Ukraine expressed interest in enhancing relations with Iceland which have deep historical roots.

Gudlaugur Thór Thórdarson noted that his country as a NATO member state supported Ukraine’s Euro-Atlantic aspirations.

The foreign ministers stated a common position on maintaining the sanction pressure on Russia until Moscow fully fulfils its obligations under the Minsk agreements and terminates the occupation of Crimea and the city of Sevastopol and not linking the sanctions with the spread of coronavirus pandemic.

The parties also noted the high level of cooperation within the international organizations.


 source: Ukrinform