Reconstruction of Ukraine should cover all sectors of the economy at once – from transport, social and housing infrastructure to deep economic modernization and ensuring a favourable microclimate for businesses. The Government of Ukraine has approved the National Economic Strategy until 2030, which will be implemented, among other things, with ongoing international support.

First Deputy Minister of Economy of Ukraine Denys Kudin stated it during an online conference “Rebuilding Ukraine: The First Conference of US and Ukrainian Industrialists” on 24 January. Anatolii Kinakh, President of the Ukrainian League of Industrialists and Entrepreneurs (ULIE), Jay Timmons, President of the National Association of Manufacturers (NAM), USA, the leadership of the Ministry of Energy of Ukraine, the Ministry of Environmental Protection and Natural Resources of Ukraine as well as Ukrainian and American manufacturers attended the meeting.

“Ukraine is facing many economic challenges due to Russian aggression. Among the priorities are the development of logistics infrastructure to boost agricultural exports by rail and road, restoration of destroyed housing and development of processing enterprises. It is also critical to restore Ukraine’s energy system and ensure its protection from Russian attacks. Reconstruction of Ukraine is an opportunity for foreign investment, implementation of joint projects of Ukrainian and international businesses, creation of production facilities and introduction of new technologies,” emphasized Denys Kudin.

US businesses expressed their full support for Ukraine in its fight against Russian aggression and defence of democratic values. The US entrepreneurs also emphasized that they would continue to cooperate and invest in Ukrainian business, including support for the recovery and reconstruction of Ukraine, energy infrastructure, cooperation in technical education, human resource development during the war for the future reindustrialization of the country and in other areas.

At the end of the event, the ULIE and NAM signed a Memorandum of Cooperation.