US, Ukraine Sign MOU to Boost Trade, IP Rights

The Commerce Department signed a memorandum of understanding with Ukraine this week to boost trade, help Ukraine fight corruption and strengthen intellectual property rights protections. Commerce said the MOU, signed by Commerce Secretary Gina Raimondo and Oleksiy Lyubchenko, Ukraine's economic minister, will lead to more commercial cooperation. “With the right policy conditions in place, there is significantly greater potential and opportunity for increased commercial engagement between the U.S. and Ukraine,” Raimondo said. “Signing this Memorandum of Understanding helps to set the directions for growing our relationship.”