UK Strikes Digital Trade Deal With Ukraine

International Trade Council announces the UK-Ukraine digital trade agreement, in a move to boost Ukraine's economy amid challenges from the war and infrastructure damages. The deal was struck at a London meeting between the UK Trade Secretary Kemi Badenoch and Ukraine's Minister for Trade and Economy Yulia Svyrydenko. The agreement aims to facilitate cross-border flows of information between financial services companies, deepen cooperation on cybersecurity, and enable the UK and Ukraine to make their digital identity systems work together. The DIT highlighted the critical need for people who lost their documentation or were forced to travel to new countries to use digital tools to prove their identities. Sabina Ciofu, an international trade expert for TechUK, said the deal would likely see a lot of support from industry to move fast on implementation. This "digital" agreement with Ukraine comes as Ukraine faces cyber attacks from Russia.