Private capital and investments by foreign and domestic businesses will be the basis for Ukraine's recovery. This was discussed during a meeting of the leadership of the Ministry of Economy of Ukraine with representatives of the International Sustainable Operations Association (ISOA) and leading American companies.

“The government has identified the key sectors that are the most promising for investment in Ukraine – energy, agriculture and food, transport and logistics, critical materials, IT and engineering. These sectors are already developing our country's economy and have global growth potential. The goods and services of these sectors are also needed in the international market. In addition, by developing these sectors, Ukraine will contribute to the world's response to global challenges such as hunger and the climate crisis, and will be able to offer an alternative to Russian exports,” said Nadiia Bihun, Deputy Minister of the Economy of Ukraine.

She reminded us that due to the war, Ukraine experienced almost a 30% drop in the economy last year, but thanks to the resilience and adaptability of Ukrainian businesses, we are already seeing a 2.2% GDP growth this year. However, in order to recover, the domestic economy needs to grow at a much faster pace, and this requires investment.

“Private capital and investments from foreign and Ukrainian entrepreneurs should be the basis for Ukraine's recovery. We invite investors to join the country's reconstruction through public-private partnerships, create joint ventures with Ukrainian businesses, use the opportunities of industrial parks, are ready to provide state support to large investors, and are working on investment risk insurance. The Ukrainian market has a significant capacity, in addition to labour, raw materials and sales markets. And now is the time to consider investments in the reconstruction of the country and transferring production to Ukraine as part as part of global supply chains,” stressed Volodymyr Kuzio, Deputy Minister of the Economy of Ukraine.

The meeting also touched upon a number of other issues of interest to American business representatives, including the problems of demining, in particular, agricultural land, public procurement sector, the development of the domestic processing industry and and localising production in Ukraine, supporting small and medium-sized Ukrainian businesses.