On 23-24 February 2015 President of Ukraine Petro Poroshenko was on a working visit to the United Arab Emirates in Abu Dhabi. The President visited one of the world's largest exhibition of arms and security technologies IDEX-2015 and noted a high organizational level of the event. The main focus was made on getting acquainted with modern models of precision weapons and defense technology of the world’s leading weapons manufacturing companies. Petro Poroshenko has also examined the Ukrainian stand at the exhibition, which represents the products of the leading Ukrainian defense-industrial enterprises.
President of Ukraine has held important bilateral meetings with the Crown Prince of Abu Dhabi. Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohammed bin Zayed Al Nahyan and the Prime Minister, Vice President of the UAE, Dubai ruler Mohammed bin Rashid Al Maktoum. Sheikh Al Maktoum said that relations between the two countries are good. The parties agreed to strengthen cooperation between the two countries, particularly in defense, energy and agriculture spheres. They have also discussed the financial assistance from the UAE, the creation of an investment fund that would facilitate the UAE investment in Ukraine, and cooperation in banking field. President Poroshenko gave the order to intensify cooperation between Ukraine and the United Arab Emirates in the framework of bilateral intergovernmental commission.
During the visit the Ukrainian manufacturing companies have signed several important contracts for tens of millions of US dollars that will help Ukraine to attract foreign currency in the country and, at the same time, provide us with necessary resources for the increase of opportunities of the Ukrainian army, acceleration of its modernization and involvement of the best producers in ensuring the defense strategy. In the presence of the Head of State, Chief of the General Staff Viktor Muzhenko has signed the Agreement on military-technical cooperation between the Governments of Ukraine and the United Arab Emirates, which will significantly simplify and set out norms for Ukrainian-Emirati military-technical cooperation.
The nomenclature of cooperation between Ukraine and the UAE was significantly broadened. The terms of supply of the necessary defense means for the Ukrainian Armed Forces were also agreed and determined.
In the course of the IDEX-2015 President Petro Poroshenko has also talked to the representatives of the Ukrainian Diaspora and has thanked them for the financial support of the Ukrainian army.