Business news from Ukraine

EU COMMISSIONER BIENKOWSKA: UKRAINE SHOULD BECOME PART OF EU’S INDUSTRIAL STRATEGY

27 March , 2018  

Ukrainian Prime Minister Volodymyr Groysman has informed the EU Commissioner for the Internal Market, Industry, Entrepreneurship and SMEs Elzbieta Bienkowska about priorities for the development of the Ukrainian economy. “We are engaged in large-scale restoration of infrastructure, building roads, discussing the possibilities of concession. Our priority is economic growth of 5-7%. We will dynamically move forward,” the press service of the Cabinet of Ministers quoted Groysman as saying at a meeting with the commissioner in Kyiv.
The sides noted that Ukraine and the European Union were intensifying the dialogue in the sphere of industry to speed up economic growth in Ukraine and create opportunities for involving Ukrainian enterprises in the all-European industrial strategy.
“Today’s meeting is of the utmost importance. My government’s goal is to ensure sustainable economic growth. The potential of the industry has broad opportunities. We are working to remove barriers to development and get a new impetus to moving forward in all sectors,” Groysman said.
Bienkowska, in turn, said that Europe appreciated the reform progress in Ukraine.
“We see the reform progress. We see how much effort you are making to make changes. I hope that we will be able to discuss the possibilities of various sectors of the economy, and we are talking about Ukraine becoming part of our overall industrial strategy. We are not just talking about support, but about details and concrete accents of our industrial dialogue,” she said.
According to her, Ukraine has great potential for development, first and foremost, in industry and agriculture.
“This is why we are ready to help fulfill this potential, taking into account, first of all, regulatory decisions. We believe in free trade (with Ukraine), in the free market. We will never run counter to WTO policy and free trade policy,” Bienkowska said.
The sides also discussed cooperation with international financial organizations and macro-financial support for Ukraine from the EU.
“Ukraine is already the best in many respects. Ukraine is really an example for Europe in the context of the restoration of the state. You should be proud of what you have done in the way of reform, and we need to strengthen our ties between enterprises and as part of industrial clusters,” she added.