“It’s time to show maturity in the field of economics. Law should protect, not destroy”: Serhiy Poznyak
The war changed Ukraine, making its people stronger and more resilient. But it is necessary not only to be indomitable warriors, but also to become wise builders of one’s own future. The Ukrainian economy, which is going through difficult times, needs investments, business support and transparent rules of the game. Right now, the foundation of the state is being formed, which either creates a reliable legal basis for recovery, or destroys self-confidence under the blows of court decisions.
As noted the owner and CEO of the FGK Financial Group, a member of the Editor’s Club, Serhiy Pozniak, the trial of ex-Minister of Infrastructure Andrii Pivovarsky goes far beyond the personal case of one person. This is a dangerous signal not only to Ukrainian society, but also to potential investors who consider Ukraine as a promising economic platform. In fact, this situation demonstrates that even decisions made in accordance with current legislation can be reviewed years later, meaning there are no real guarantees of stability.
Pozniak emphasized that Ukraine has already taken important steps to attract investors, including the adoption of the law on investment support, the launch of industrial parks and the creation of Diia.City. All these initiatives were supposed to build trust in the state, but every time officials or entrepreneurs are held accountable for decisions made within the legal framework, this trust suffers a devastating blow.
Serhii Pozniak said that the main danger of such court precedents is that if today they prosecute the minister for his decision, then tomorrow thousands of civil servants who seek to reform the country will be in danger. And after that, the investors themselves, who took the risk to believe in the prospects of the Ukrainian economy, will come under attack. Business cannot function in an atmosphere of fear, and investment does not come to a country where the rules of the game change after the game is over. If the system allows such legal manipulation, it means that potential investors will simply look for other, safer markets.
According to Pozniak, Ukrainian entrepreneurs and business veterans cannot silently observe the unfolding situation. He expressed a clear position on the need for changes in the legal policy of the state and appealed to the authorities to take decisive measures.
First, he emphasized the need to ensure legal stability. The state must ensure that management decisions made in accordance with current legislation cannot be revised due to the political situation or under the influence of changes in power. Business and the public sector must work according to clear rules, and not fear that their decisions will become the basis for criminal cases in the future.
Secondly, Pozniak stated that it is extremely important to protect the reformers. Officials who take the risk to implement reforms and seek to improve the business climate should not become victims of political showdowns or manipulation by the judicial system. Otherwise, the country will simply lose those people who are truly capable of changing the system from within.
Thirdly, he emphasized the need to guarantee the irreversibility of reforms. If Ukraine wants to become the financial center of Eastern Europe, the rules of the game for business and investors should be stable, and any changes in legislation should be predictable, open and understandable.
At the end, Pozniak made a sharp conclusion:
“Ukraine has already shown the world its strength on the battlefield. It’s time to show maturity in the economic sphere. If we want the country to become the financial center of Eastern Europe, we must act responsibly. The law must protect, not destroy. Business must develop, not survive. Investors must build, not fear. Otherwise, we will destroy the future for which we paid too high a price with our own hands.”
The material contains exclusively the opinions and views of the author of the post. The editors may not share these positions and are not responsible for their content or interpretation.
