Bombardier Inc. and Ukrainian Railways
The Minister witnessed the signing of a memorandum of understanding between Canada’s Bombardier Inc. and Ukrainian Railways to collaborate on a joint venture focused on manufacturing locomotives that can be procured, not only in Ukraine, but potentially in the Eastern European and Central Asian regions. This strategic partnership has the support of Ukraine’s Ministry of Infrastructure and supports the production of locomotives in Ukraine’s western region, Lviv Region, helping to revive the transportation and manufacturing industries.
Borsch Ventures and International Finance Corporation, E-Farmer
The Minister also witnessed the signing of an agreement between Borsch Ventures, E-Farmer and the International Finance Corporation, Joint Venture Investment. The two are joining forces to invest $500,000 to create eFarmer 360°, a platform that addresses farm business management needs of farmers and credit risk assessment requirements of banks. Borsch Ventures, a Canadian investment initiative, invests in Ukrainian start-ups in the agriculture sector that show strong potential.
Canadore College
The Minister witnessed the signing of a memorandum of understanding between Canadore College and Ukraine’s National Aviation University (NAU) on education services. The agreement will allow NAU students the opportunity to continue studies at Canadore and vice versa, and promotes the development of a joint education program, faculty exchanges, the sharing of curriculum and the exploration of areas of common research.
Source: AAFC