Davos 2017: Ukraine’s engagement with the forum’s agenda

Doing business in Ukraine, Ukraine economy: Davos 2017 and Ukraine

This year, a small Swiss town of Davos hosts the 47th World Economic Forum. More than 3000 participants, thousands of executive directors of the world’s leading companies and fifty leaders of the world’s most powerful countries are expected to arrive.

Visit our website if you are interested in the #Ukrainian_economy or #doing_business in Ukraine.Visit our website if you are interested in the #Ukrainian_economy or #doing_business in Ukraine.

The forum’s agenda includes the most urgent and challenging problems facing mankind. Brexit, Donald Trump’s presidency and the growing influence of China is a reality we all live in and which needs to be addressed now.

Unlike the previous year, a question of Ukraine and the Ukrainian-Russian conflict won’t be arranged into a standalone topic for discussion. However, Ukrainian delegation will take part in a number of meetings that will shed more light on the perspectives of European integration of Ukraine as well as its deepening ties with global leaders.

Meetings and expectations
Visa liberalization for Ukrainians

Ukrainian government expects the EU to give the green light to visa liberalization for Ukraine within a few weeks, the Ukrainian President said in one of his interviews in Davos. He emphasized that Ukraine has fulfilled its obligations and now expects the EU to launch the full-scale visa liberalization.

Consistent support for Ukrainian reforms from EBRD

In Davos, Petro Poroshenko met with the head of the European Bank for Reconstruction and Development, Sir Suma Chakrabarti. The parties addressed the reform of the banking sector currently unfolding in Ukraine. The Ukrainian President also expressed his hope in an increased financial support from EBRD in 2017.

Growing cooperation with China

Ukrainian and Chinese leaders have agreed on practical steps to enhance cooperation between the countries. The first meeting of the Ukrainian-Chinese intergovernmental commission on cooperation will be held in the first half of 2017.

First official meeting with Hereditary Prince of Liechtenstein

The meeting has become a true breakthrough in the relations between Ukraine and Liechtenstein. Up until now, there weren’t any contacts established at the highest level.

The parties discussed the ways to enhance economic and investment cooperation between the two countries as well as foster trade relations. Prince of Liechtenstein ensured that his country will launch visa liberalization for Ukrainians immediately after such a step will be taken by the EU. The same promise was made by Doris Leuthard, the Swiss President, after her meeting with the Ukrainian President.

Image by Alexey M. – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50065028

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