18:51 14.01.2016

Poroshenko excludes metallurgy from priority sectors of Ukrainian economy

1 min read
Poroshenko excludes metallurgy from priority sectors of Ukrainian economy

Metallurgy has been excluded from the priority sectors of the Ukrainian economy as it requires large investments, President of Ukraine Petro Poroshenko has stated.

"Today the Ukrainian agroindustrial complex is a priority sector, as well as IT industry, energy efficiency, modernization of energy facilities, investment in nuclear power, water-storage facilities. And metallurgy? It's no longer among the priorities as requires large investments," Poroshenko said at a press conference.

The president said among the priorities is also the development of military-technical cooperation and the military-industrial complex.

"In the conditions of global destabilization, the demand for products of the Ukrainian defense industry, which, unfortunately, has a unique huge combat experience, and investment in these sectors are very useful," Poroshenko said.

He added that with the change of management and approaches there appeared prospects in the Ukrainian aircraft industry, and many countries, in particular Azerbaijan, Iran and Saudi Arabia, are interested in its products.

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