Business news from Ukraine

GROYSMAN CALLS ON INTERNATIONAL PARTNERS TO DRAFT ‘MARSHALL PLAN’ FOR UKRAINE

13 February , 2017  

KYIV. Feb 13 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman has called on international partners to help Ukraine create a recovery plan for Ukraine similar to the “Marshall Plan” – the plan of assistance for Western Europe following World War II.

Appearing at a conference, titled “Cheering and Steering: Ukraine Reforms Reloaded ” in Brussels on Thursday, the PM said in 2014 the European Union and donors offered Ukraine a “Marshall Plan” and planned a donor conference in February 2015. Preparations for the plan to assist Ukraine were also held. However, the conference did not take place and the necessary decisions were not taken.

“I think we should return to this initiative. If the question arises, how friendly European and world partners of Ukraine can help, then we must provide a clear answer, a plan for Ukraine’s restoration. This “Marshall Plan” we will create jointly will be aimed at restoring key sectors of the economy which have suffered,” Ukraine’s PM said.

According to Groysman, key sectors of Ukraine’s economy which have suffered because of Russian aggression must be restored and recalibrated very quickly.