The Chamber of Economy of Montenegro announced that an online Montenegro–Ukraine Business Forum was held today to promote economic dialogue, create new opportunities for cooperation, and foster direct contacts between representatives of the two countries’ business communities.
The discussions focused on the development prospects of Montenegrin-Ukrainian economic partnership, particularly in strengthening trade relations and attracting investment. Priority sectors included energy, infrastructure, logistics, agriculture, and food processing.
President of the Chamber of Economy of Montenegro, Dr. Nina Drakić, highlighted encouraging trends in bilateral trade, noting that in 2024 Montenegro’s exports covered 96% of imports from Ukraine, a strong indicator of diversification and growth potential. She emphasized that agriculture, logistics, and food processing represent natural starting points for new partnerships, while tourism remains an important link between the two nations.
President of the Ukrainian Chamber of Commerce and Industry (UCCI), Gennadiy Chyzhykov, described Montenegro as a friendly and open country for cooperation. Despite the ongoing war, he noted that Ukraine’s economy continues to function and seek partnerships.
“We are not asking for help — we are here to discuss business opportunities and the vast potential for cooperation, especially in the export of agricultural products. Montenegro could serve as a regional hub for distributing Ukrainian goods across the Balkans and beyond,” said Chyzhykov.
He added that Ukraine’s industrial and ICT sectors also hold strong development potential.
“Ukraine is a country of small and medium-sized enterprises, and we invite Montenegrin companies to visit and establish partnerships with Ukrainian businesses,” said Chyzhykov, whose chamber represents more than 8,000 companies across Ukraine.
Ukraine’s ambassador to Montenegro, Oleh Herasymenko, emphasized that both nations share a common European future, expressing readiness for joint investments, experience exchange, and attracting new investors.
Montenegro’s ambassador to Ukraine, Borjanka Simićević, stated that the two countries are united by economic cooperation and mutual development goals.
“There is strong potential for deeper cooperation and new business and investment opportunities. Montenegro offers favorable conditions for investors — low taxes and strong support for entrepreneurship,” she said.
During the forum, Valeriia Zabashta, Head of the Department for New Economic Forms of International Cooperation at UCCI, presented Ukraine’s economic potential, while Iryna Ozip, Director of the Millers of Ukraine association, spoke about the country’s milling industry. Dušan Radonjić, Director of the International Cooperation Department at the Montenegrin Chamber, presented Montenegro’s investment climate and business opportunities.
The event concluded with bilateral online meetings between Montenegrin and Ukrainian business representatives.
