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Ukraine and Czech Republic Expand Energy Cooperation with New Memorandums

🏦 Банки та гроші 1 min read 👁 4

Ukraine and the Czech Republic have signed a memorandum to boost cooperation in the nuclear, gas, and hydropower sectors.

Ukraine and Czech Republic Expand Energy Cooperation with New Memorandums🏦Банки та гроші

Photo: Інтерфакс-Україна: економіка

Key points

  • Intergovernmental energy memorandum
  • Hydropower infrastructure development
  • Academic and technological partnership

Ukraine and the Czech Republic have officially agreed to deepen their partnership in the energy sector. A Memorandum of Understanding was signed by Ukraine’s First Deputy Prime Minister Denys Shmyhal and Czech First Deputy Prime Minister Karel Havlíček, aiming to strengthen the energy resilience of both nations.

The agreement focuses on several strategic areas, including nuclear power, the oil and gas industry, and hydropower. By expanding the scope of their cooperation, both countries seek to improve the stability of their energy systems and foster mutually beneficial industrial ties.

In addition to the government-level deal, several bilateral agreements were reached between private companies and academic institutions:

  • Ukrhydroenergo and Litostroj: A partnership focused on the reconstruction and maintenance of hydropower facilities.
  • Igor Sikorsky Kyiv Polytechnic Institute and Prusa Research a.s.: A collaboration aimed at technology transfer, 3D printing equipment, and joint research.

Source Інтерфакс-Україна: економіка — interfax.com.ua/news/economic/1234971.html ↗

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