Germany and Ukraine Strengthen Economic Ties at Berlin Business Forum

German Chancellor Olaf Scholz and Ukrainian Prime Minister Denys Shmyhal highlight investment opportunities and EU aspirations during the 7th German-Ukrainian Business Forum.

• The 7th German-Ukrainian Business Forum, held in Berlin, focuses on rebuilding Ukraine's economy and fostering collaboration in the energy and defense sectors.
• German Chancellor Olaf Scholz urged businesses to invest in Ukraine, emphasizing its potential as a future EU member and highlighting the importance of private investment for recovery.
• Bilateral trade between Germany and Ukraine is expected to reach a record 12 billion euros this year, with nearly 2,000 German companies already active in Ukraine.
• Germany has provided Ukraine with 37 billion euros in aid since the start of the war, including military and economic support, and continues to back Ukraine's path to EU accession.
• Both leaders stressed the critical role of private capital in Ukraine's reconstruction, with Scholz framing investment as a contribution to a shared European future.

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