Improving competition policy is one of the main conditions for investment in Ukraine. Competition reform is important in the context of Ukraine’s forthcoming accession to the EU

This was stated by the Chair of the Antimonopoly Committee of Ukraine in his speech at the Investors Annual Meeting, an investment forum organised by UkraineInvest in partnership with the Ukrainian CCI and supported by OKKO and Onur Group.

Pavlo Kyrylenko presented competition reform as one of the key elements in attracting foreign direct investment.

“Ukraine has become a trend. We should take advantage of this and create conditions for the arrival of strategic investors – large international companies. Despite the war, Ukraine is making efforts to fulfil its obligations to the international community to implement competition law reform,” said Pavlo Kyrylenko.

According to Pavlo Kyrylenko, Ukraine’s post-war economic strategy should include synchronising Ukrainian markets with those of the European Union, introducing incentives for investors and ensuring equal conditions for business access to finance. 

“It is necessary to strike a balance between the rapid recovery of the country and our economy and ensuring a level playing field for all businesses. The AMCU will help create a legal framework with equal rules for Ukrainian and foreign investors. No one will be able to take advantage of the post-war reconstruction to create a monopoly or violate competition rules. The AMCU will actively participate in the process of monitoring, distribution and efficient use of funds received by Ukraine from international donors,” said the Chair of the Antimonopoly Committee of Ukraine.  

The aim of the event was to improve the dialogue between business and government, to organise analytical discussions on the implementation of industrial investment projects, to present a report on the prospects and mechanisms for the creation of new investment funds, and to reward investors who have started and are implementing projects after 24 February 2022.

Participants discussed the needs of business and the state in terms of industrial, energy-efficient equipment and materials, economic transformation, and factors of Ukraine’s investment attractiveness.

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