Ukraine needs foreign economic support as much as it needs guns and armoured vehicles, says International Chamber of Commerce secretary-generalThe Australian visited Kyiv recently to meet government and private sector leaders and said he felt safe despite regular air raid sirens, road blockades and sandbagged monuments and offices.
“I was really impressed with how positive, resilient and defiant the Ukrainians I met were. But it was also clear they need much more international assistance,” Mr Denton told“While governments and the media tend to focus on military support, what is becoming more apparent is that Ukraine’s ability to sustain the economic front will be critical to its success – in fighting the war, maintaining an effective private sector now, and rebuilding the economy in future.
It also plans to become a renewable energy hub for Europe as it aims to get to net zero and wean itself off Russian hydrocarbons.“We should not pretend that doing business in Ukraine is easy right now,” Mr Denton said. Hugh Simpson, the Australian founder and CEO of Kyiv-based Liquid Technology, says now is the time to invest in Ukraine.
Some serious money being made Ukraine now…