International business giants have united in the Advisory Council to support investments in Ukraine
The Ministry of Economy of Ukraine announced the creation of the Business Advisory Council (BAC). The council included heads of leading global companies and business associations from various countries, including McDonald’s, Siemens Energy, Kawasaki Heavy Industries, Lloyd’s of London and others.
“I am sure that the BAC will contribute to the implementation of specific investment projects. We expect that the BAC will give recommendations on what can be done to increase investments in Ukraine right now.”, – commented on the creation of the council First Deputy Prime Minister, Minister of Economy Yuliya Svyridenko.
Purpose of BAC:
- Change the perception of Ukraine by investors: show that, despite the war, the country remains attractive for investment.
- Identify and eliminate barriers faced by investors who want to enter the Ukrainian market.
- Attract investments in key sectors: Focus on energy, integration of Ukrainian enterprises into global supply chains, and expansion of Ukrainian business access to global markets.
The first meeting
The first meeting of the BAC took place within the framework of the International Conference on the Reconstruction of Ukraine URC-2024 in Berlin. The participants discussed the current economic situation in Ukraine and potential areas of cooperation. The Ukrainian government hopes that the BAC will provide recommendations on increasing investment in Ukraine, integrating the country into global supply chains, and developing priority sectors of the economy.
