June, 22

Ukraine needs to attract American investments for recovery and development, – Shmyhal

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This was emphasized by Prime Minister of Ukraine Denys Shmyhal during a briefing with U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker.

Shmyhal and Pritzker recently met with representatives of some of the largest American companies that want to invest in Ukraine or are already doing business in Ukraine.

In particular, Shmyhal noted that the Ukrainian government has many promising projects and would like the United States to be one of Ukraine’s key partners not only in the defense sector but also in the economic sphere.

Ukrainian Prime Minister highlighted the most promising sectors of the country’s economy:

  • energy
  • agricultural sector
  • defense industry;
  • extraction and processing of critical raw materials;
  • IT.

“Ukraine is changing right now. We are implementing European reforms. We pay key attention to the rule of law and anti-corruption. We offer tax and regulatory benefits to investors, as well as expand war risk insurance projects,” he said.

Denys Shmyhal suggested that the US partners create a Supervisory Board for the Government Office for Attracting and Supporting Investments, Ukraine Invest. It will include the heads of American companies. According to him, this will improve cooperation, attract new American investments to our market and facilitate the day-to-day operations of American companies in Ukraine.

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