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How to rebuild Ukraine: visions of London Recovery Conference

Ukraine will receive money for reconstruction only if its use is transparent, investments are inviolable, and there is no corruption or pressure on business, Ukrinform correspondent reports.

As part of the URC-2023 Ukraine Recovery Conference held last week in London, our government officials presented strategic directions for post-war reconstruction and modernization. According to First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yulia Svyrydenko, successful reform of key sectors will help boost the national GDP to $1 trillion in 10 years. This figure is fantastic compared to the current $150 billion. The Ukrainian participants of URC-2023 recognize that it will not be easy to achieve this goal and that it can only be done through joint efforts. Therefore, the key prerequisites for rebuilding the country and attracting investment are considered to be joining NATO and the European Union, which will guarantee security for us and investors, access to large markets, and the inevitability of institutional reforms.

In more detail, the experts talk about ensuring the rule of law, the inviolability of private property, and the independence and impartiality of the judiciary. And not only about the high level of rejection of corruption, but also about its maximum eradication. After all, if our international partners see at least a few million disappear from the common “bank,” no one will give us any more money, no matter if we ask them with a bored or a happy face.

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