German Economic Team monitors investment climate reforms in Ukraine
Ukraine is making progress in terms of improving its investment climate. This is confirmed by a recent monitoring report, in cooperation with the German-Ukrainian Chamber of Commerce and Industry (AHK Ukraine).
In this study, the authors Robert Kirchner, Garry Poluschkin and Thomas Otten monitor the progress made on 30 reform proposals, which were identified by the AHK and the German Economic Team in a joint study back in 2024.
The main results:
- The Ukrainian government has either partially or fully implemented more than half of the proposals
- Most significant progress in the energy sector: All of the seven proposals were either partially or fully implemented
- Ukrainian government is demonstrating its willingness to promote private foreign investment in strategic sectors and thereby strengthen the country’s growth potential.
In the foreword to the study, German Federal Minister for Economic Affairs and Energy Katherina Reiche also emphasizes the importance of German-Ukrainian cooperation:
“Germany will remain a strong and reliable partner for Ukraine for as long as it takes – in the face of Russia’s illegal and brutal aggression and on Ukraine’s path towards prosperity and accession to the European Union.”
This sends a strong signal to private investors, particularly from Germany.
The Minister of Economy, Environment and Agriculture of Ukraine Oleksii Sobolev also highlights the importance of bilateral cooperation for Ukraine’s reform path:
“The progress documented in this study demonstrates that meaningful reforms are possible through constructive dialogue between government, business, and international partners”
On February 3, Robert Kirchner presented and discussed the study at a breakfast conference of the AHK in Kyiv.
We want to thank the AHK for the invitation, particularly Reiner Perau, Managing Director AHK Ukraine and Oliver Gierlichs, President of the AHK Ukraine
It was of key importance that Ukrainian decision makers joined the conference and discussed the development of investment climate reforms.
The panel was joined by Pervin Dadashova, Head of Financial Stability Department, National Bank of Ukraine, Maria Zakharenko, Director of the Reform Support Team at the Ministry of Economy, Oleksii Movchan, MP, Deputy Chairman of the Economic Development Committee and Halyna Yanchenko, MP, Co-Chair German-Ukrainian Parliamentary Group, Chairwoman of the Temporary Special Commission on Investor Protection
You can find the full study here.
To our latest newsletter summarizing the study.
Copyright Photos: AHK Ukraine