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Online Meetings of Subgroups of the Working Group on Economic Recovery and Development

Date:
May 17, 2022
Time:
9:00AM - 6:00PM
Place:
Online
Online Meetings of Subgroups of the Working Group on Economic Recovery and Development

On May 17, 2022, the Chamber participated in meetings of subgroups of the Working Group on Economic Recovery and Development within the National Council for the Recovery of Ukraine from the Consequences of the War. 

Here is the presentation with initiatives for the subgroup “Resumption of Business Enterprises Activities”. As a result of the meeting, it was agreed to define assumptions and principles for post-war business recovery. 

This Working Group included 5 subgroups with such analysis areas: 

1. Resumption of business enterprises activities 

Key issues addressed:

  • Assessment of primary problems of enterprises, including physical damage/operational risks, logistical difficulties, loss of markets, liquidity; systematization of problems by groups of enterprises/sectors 
  • Development of initiatives for possible solutions to problems 

2. Simplification of the regulatory environment and supporting development of business enterprises (priority focus on SMEs)

Key issues addressed:

  • Analysis of current regulatory issues hindering development business  
  • Comparative analysis of the regulatory process with other countries (with maximum evidence) 
  • Analysis of examples of effective deregulation in other countries 

3. GDP growth through indicative sector planning (investment attraction, export growth, import substitution), including:

  • Metalworking and machine building 
  • Agriculture and processing 
  • Metallurgy 
  • Energy (including oil and gas sector) 
  • Construction and building materials 
  • IT 
  • Manufacturing and other industries 

Key issues addressed:

Analysis of opportunities for increasing added value in Ukraine by sector: 

  • potential and directions of investment growth 
  • export growth and diversification of logistics, areas of import substitution 
  • key deterrents and necessary support measures 

Prioritization of key investment projects that can accelerate economic growth, including: 

  • a brief description of the investment attractiveness for the investor 
  • assessment of required capital expenditures 
  • target operational indicators of the project (production, export potential, employment) 

4. Development of labor market

Key issues addressed:

  • Analysis of key problems hindering the development of the labor market (including labor legislation) 
  • Comparative analysis of labor legislation with other countries (with maximum evidence) 
  • Staff qualification analysis - key “skill gaps” 
  • Analysis of Ukraine's compliance with the Copenhagen criteria 

5. European economic integration 

Key issues addressed:

Analysis of Ukraine's compliance with the Copenhagen criteria

Contacts

Veronika Alieksieienko

Chief Policy Officer (Banking & Financial Issues)

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