European support is essential to achieve long-term development goals, which can be boosted through increased investment cooperation

The CEO of UkraineInvest said during a meeting with the EU delegation.

“European partnership is one of our priorities, and we are seeing significant interest from EU investors who are planning to open and expand their businesses in Ukraine. To this end, our country is introducing investment incentives and practical support. We are building an effective and results-oriented economic partnership with the EU. UkraineInvest receives three to four enquiries a month from international companies and investment firms, particularly in the manufacturing sector, compared to two to three every six months before the war. We have accompanied about USD 500 mln of capital invested since February 2022, which is almost 30% of the USD 1.7 bln of total investments since 2020. We expect the number of investors to increase after Ukraine’s accession to the EU,” said Sergiy Tsivkach.

The parties discussed 
– the search for potential projects and the promotion of available financing,
– the vision of Ukraine’s recovery, reconstruction and modernisation and the possibility of using blended and donor funds for these purposes
attracting innovative financial instruments for reconstruction 
– ways to provide a coherent roadmap for Ukraine’s reforms and investments to increase its growth potential.

In 2023, the European Union became the largest donor to Ukraine, having already disbursed EUR 13.5 bln under its macro-financial assistance instrument and expecting to disburse a further EUR 4.5 bln by the end of the year.

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