Ukraine, Japan and the United Nations Industrial Development Organization (UNIDO) have agreed on the preparation of new joint initiatives with a potential volume exceeding EUR 100 million following the first meeting of the Tripartite Industrial Policy Dialogue (TIPD).

According to the Ministry of Economy, Environment and Agriculture website, bilateral meetings and the first session of the Tripartite Industrial Policy Dialogue (TIPD) involving Ukraine, Japan and the United Nations Industrial Development Organization (UNIDO) were held in Vienna on March 16-17. The Ukrainian delegation was headed by Deputy Minister of Economy, Environment and Agriculture Vitaliy Kindrativ. The Japanese side was represented by Koichi Chiyo, deputy director general for trade policy at the Trade Policy Bureau of Japan’s Ministry of Economy, Trade and Industry (METI).

According to Ukraine’s Ministry of Economy, the new initiatives include a project worth about EUR93 million that provides for grant support to enterprises and development of green technologies, as well as initiatives for developing industrial clusters and technological partnerships.

The projects will complement the current flagship technology transfer project, which has a total budget of $188 million, the ministry said. This initiative does not provide for direct financing but focuses on launching new production facilities and integrating Ukrainian companies into global value chains.

The parties also discussed implementation of artificial intelligence in industry, improving energy efficiency and supporting small and medium-sized businesses through access to Japanese technologies. To strengthen innovation transfer, a catalog of 47 technological solutions that can be implemented through the creation of joint ventures with Japanese companies has already been compiled. The next rounds of the Tripartite Dialogue to monitor implementation of these agreements are scheduled for summer and the end of 2026.

Deputy Minister Vitaliy Kindrativ emphasized that the goal of the dialogue is not only to restore what was destroyed, but to build a competitive economy through technological modernization.

Koichi Chiyo, a representative of Japan’s Ministry of Economy, Trade and Industry (METI), confirmed consistent support for Ukraine, noting that one-third of the more than 100 signed cooperation documents are related to green recovery projects.