FOSTERING ECONOMIC DEVELOPMENT: KEY PRIORITIES OF THE GOVERNMENT
Stepan Kubiv First Vice Prime Minister, Minister of Economic Development and Trade of Ukraine
MACROSTABILITY AND GROWTH GDP growth *
Capital investments
Export**
growth*
2017
+2,5%
+22,1%
+16,9%
2015
-9,8%
-1,7%
-26,9%
*To the previous year **According to NBU
Ukraine in international ratings (2015 → 2017) Moody’s
Caa3 → Caa2
Doing Business
96 (DB 2015) → 76 (DB 2018)
Global Innovation
Index
64 → 50
UKRAINE’S NETWORK OF FTAs Ukraine has concluded 16 FTAs covering a total of 45 countries European Union
Macedonia
28 member states
Population approx. 2.1 mln
Population more then 512 mln
CIS (FORMER SOVIET UNION REPUBLICS) Population approx. 283 mln
Canada Population approx. 35 mln
EFTA States Population approx. 14 mln
Negotiations
Montenegro
Georgia
Population approx. 0.62 mln
Population approx. 4.5 mln
Israel (concluded) Turkey Serbia
FTAs' BENEFITS FOR UA-BASED MANUFACTURERS CHEAPER Substantial reduction of customs duties, making imports from UA more competitive
FASTER Facilitation of movement through customs and setting common rules on technical and sanitary standards
PREDICTABLE More predictable policy environment in such areas as FDI, IPR, competition rules, public procurement,etc
KEY ECONOMIC REFORM PRIORITIES Privatization
Improving business climate
Reform of concession rules
State Fiscal Service reform
Support of innovations and digital economy
Enforcing IPR protection
minister@me.gov.ua