At the Rebuild Ukraine conference in Toronto, Ukraine called on Canadian businesses to invest

18/12/2023

Rostyslav Shurma, Deputy Head of the Office of the President of Ukraine, stated at the conference that Ukraine offers two opportunities for Canadian investors: the first is the reconstruction of the country and the economy. The second involves Ukraine's natural advantages, such as significant reserves of natural gas, enormous potential for the production of solar, wind energy, and hydrogen, as well as the largest lithium and uranium reserves in Europe.

Meanwhile, Mary Ng, Canada's Minister of International Trade, announced at the conference that she will lead a business mission to Ukraine next year. She emphasized that the mission to Ukraine will include "truly the best Canadian entrepreneurs."

In the near future, the Canadian Parliament is expected to ratify the updated Free Trade Agreement between the two countries. The Canadian business mission will arrive with specific proposals for investments in the Ukrainian economy and post-war reconstruction, said Minister of Economy Yulia Svyrydenko.

"Ukraine needs foreign investments because they have the most significant multiplier effect for the economy," she emphasized.

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Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.

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