During a meeting of the Ukrainian government and the European Commission in Kyiv, an agreement was signed on Ukraine’s participation in the EU’s Single Market program. A memorandum on strategic partnership between countries in the field of renewable gases, hydrogen, biomethane and other synthetic gases was also signed. This was announced by the Prime Minister of Ukraine Denys Shmygal.
“The budget of the program (”Single Market”.—”Kommersant”) is €4.2 billion, and one of its main components is the development of business competitiveness. Our participation in this project will contribute to additional support for Ukrainian entrepreneurs, who are the foundation of our economy,” Denys Shmyhal wrote on Facebook (owned by the extremist and banned in the Russian Federation Meta).
The Single Market is a program approved for the period from 2021 to 2027. Its goal is to simplify access to the markets of the EU countries and support business. The program provides, among other things, support for the competitiveness of small and medium-sized businesses in the EU countries. €1 billion from the budget is planned to be directed to finance the COSME program, which specializes in particular in providing entrepreneurs with access to European funding.