New 2026–2028 strategy prioritises investment dialogue, market access and cooperation across technology, energy, logistics and food security.
The Ukrainian Business Council in the UAE (UBC) has elected a new Board and approved its 2026–2028 strategy at its General Assembly held at Dubai Chamber, setting out plans to deepen commercial and investment ties between the two countries.
The strategy focuses on expanding trade delegations, strengthening partnerships with international business councils and establishing structured investment dialogues to connect Emirati investors with opportunities in Ukraine.
The UAE–Ukraine Comprehensive Economic Partnership Agreement (CEPA), which came into force in July 2026, provides additional momentum by removing or reducing customs duties on most goods traded between the countries.
UBC has led business delegations to Vienna, Qatar, Ras Al Khaimah, Fujairah, Oman and the Seychelles during 2025 and 2026. It has also organised UAE market-entry webinars and supported Ukrainian IT companies participating in GITEX.
“Our role is to connect the right partners, support companies at every stage of growth and help investment flow with confidence in both directions.”
— Olena Shyrokova, President, Ukrainian Business Council in the UAE
Founded in 2016, the Council has built relationships with the Federation of UAE Chambers and chambers of commerce across the Emirates.
Its next phase will focus on helping Ukrainian companies establish and expand operations in the UAE, facilitating Emirati investment in Ukraine’s recovery and strengthening investor protection and dispute-resolution mechanisms.
Priority sectors include agri-food and food security, IT and digital services, renewable energy, logistics, port infrastructure and post-war reconstruction.
Working with the Ukrainian Embassy in the UAE, UBC aims to position the Emirates as a gateway for Ukrainian businesses entering Gulf, Asian and African markets while encouraging two-way investment.
