Economic Forum “Private Sector and Recovery” took place in Lugano

Economic Forum “Private Sector and Recovery” took place in Lugano

The Economic Forum “Private Sector and Recovery” within the framework of #URC2022 was successfully held in Lugano.

Key takeaways from the forum:

Ignazio Cassis, President of the Swiss Confederation and Head of the Federal Department of Foreign Affairs: “We need a joint effort between governments, civil society and the civilian population, academia and the #private #sector. Business has a vital role to play in the coordinated, efficient and long-term success of #reconstruction efforts that will lead to enduring security and prosperity for the country and its people. Despite many challenges, there are still #investment #opportunities in Ukraine.”

Denys Shmyhal, Prime Minister of Ukraine: “The Ukrainian authorities and all our partners clearly understand that the #insurance of military risks and the support of partners in this direction is a key guarantee of further business development and the attraction of investors to Ukraine. Ukraine’s accession to the EU is a key element that will run through all transformational processes and reforms. This is one of the central topics of our Recovery Plan for Ukraine.”

Marie-Gabrielle Ineichen-Fleisch, State Secretary for Economic Affairs, Federal Department of Economic Affairs, Education and Research, Switzerland: “Before the outbreak of the war, bilateral trade between #Switzerland and #Ukraine reached more than 800 mln doubling since 2016. Switzerland was the 3 largest investor in Ukraine with 3.1 bln USD of investment contributing to about 12,500 jobs. Swiss investments have increased 8 fold compared to 2015.”

David Arakhamia, Chair of the Servants of the People group, Parliament of Ukraine, Member of the National Investment Council, Ukraine: “Ukraine is an #entrepreneurship country. We have 1 mln entrepreneurs registered every year. The next stage of our digital transformation reform is to digitalize the business processes.”

Rostyslav Shurma, Deputy Head of the Office of the President of Ukraine: “What we can offer to the world: energy security (green energy, hydrogen and fertilizer instead of Russian fossil fuels); manufacturing HUB – become part of labour and minerals intensive supply chains; agricultural and food security.”

Stefan Brupbacher, Director, Swissmem, Member of “Team Switzerland”: “Ukraine has significant advantages and proven assets. First, you have a highly motivated workforce and a wage structure. Second, engineering, IT and cyber expertise is well engrained. And third, Ukraine’s legal integration into the EU market will take place swiftly.”

Sergiy Tsivkach, CEO, UkraineInvest: “Success is with triple I: intention, innovation and insurance. Intention and innovation are on the side of businesses, insurance is about Ukraine, how to insure foreign and Ukrainian businesses in Ukraine. We will be working on that.”

German Galushchenko, Minister of Energy of Ukraine: “Our goal is to export hydrogen to European countries. We see a big potential in our system grid, we have the capacity to export 210 Mwt to Poland, and at least 650 mWt electricity to Moldova. We want to increase this capacity
to 6 gWt of electricity.”

Oleksandr Borniakov, Deputy Minister of Digital Transformation: “We set up the next goal, we want to be one of the top countries with the highest number of #startups per 1 million population.”

Yaroslava Gres, Presidential Envoy and Coordinator, #United24: “Ukraine gets donations from 90+ countries all over the world. We can offer 5 options of help: target donation, creative collaborations, promotion, special events, employees.”

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