Business news from Ukraine

Andriy Yermak held meeting with Mike Pompeo

Head of the Office of the President of Ukraine Andriy Yermak held a meeting with the recently independent member of the supervisory board of Kyivstar, former U.S. Secretary of State and ex-CIA chief Mike Pompeo, who arrived in Kiev, the press service of the Office of the Head of State said on Friday evening.

It is noted that Yermak thanked the President of the United States, both houses and parties of the United States Congress and the entire American society for the strong support of Ukraine. He also expressed hope for the continuation of US support, because it is based on common democratic values and respect for international law, which the Ukrainian people defend.

The head of the Office of the President noted the need to send a clear signal to Russia that by its aggression it cannot violate the sovereignty of independent states and determine the fate of other free nations.

Pompeo noted after joining Kyivstar’s nabsociety board that talking about its nationalization would be a step backward because Ukraine will need a huge amount of private sector investment, foreign direct investment, and support from Europe and the private sector in the United States to overcome the effects of the war.

“If property rights, including those of shareholders in the United States, are not protected and companies that benefit the Ukrainian people are not preserved, it would be a strategic mistake for Ukraine and would make rebuilding Ukraine and supporting that country in the years ahead much more difficult and expensive and capital flows much more limited,” the former U.S. secretary of state emphasized.

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