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Why Ukraine?
Ukraine provides unlimited opportunities for investments with its highly-skilled professionals, proximity to the core transport hubs of the region and being driven by a new generation of leaders. Ukraine is Open for U!
Ukraine 2015: A ground-floor opportunity at the EU's frontier - Horizon Capital
Horizon Capital has developed and shared a comprehensive, data-rich report entitled "Ukraine 2015: A ground-floor opportunity at the EU's frontier". The youngest, most pro-business government in the history of modern Ukraine is driving a bold structural reform agenda that is both the right thing to do for the country as well as the clear demand of an active, engaged civil society. From a business perspective, the lasting competitive advantages in export-focused sectors, such as IT, Agriculture, Food and others, open up exciting investment opportunities, made even more compelling by very attractive valuations.
Brief version of the Horizon Capital presentation.
The main event of 2014 is the political and economic association of Ukraine with the European Union. Following the creation of a free trade zone, the trade and economic partnership is expected to grow in more than 30 sectors of the economy, including agriculture, manufacturing and energy supply.
Ukraine is the second largest state in Europe (after Russia), exceeding France, Spain and Germany in area. The country is located at the crossroads of transport corridors from the north of Europe to Turkey in the south and from east to west, from Russia and Asia to Central Europe.
The association of Ukraine with the European Union has taken place on 27 June 2014.
The gradual re-orientation of the geographic priorities of the external trade of Ukraine took place from 2011-2013. Today, the main trading partners of Ukraine are European countries. The trade turnover between Ukraine and the EU surpassed the volume of trade with Russia for the first time in 2014, reaching 35% of the total volume of external trade.
President of Ukraine Petr Poroshenko signed the economy and trade part of the European Union Association Agreement on the 27th of June 2014. The extension of the trade and economic partnership is expected in more than 30 sectors of the economy, including agriculture, industry, energy supply and the protection of the rights of consumers.
According to the results for 2013, the GDP of Ukraine comprised $182.1 billion. Current events have led to a slowdown in the development of the economy in the country, with a forecast of a fall in GDP of around 6% in 2014.However, the Ministry of Economy of Ukraine is sure of the quick restoration of the economy after peace returns to all regions of the country and forecasts 1.5% growth in 2015.
Global businesses have been investing into Ukraine for a long time. According to data from the State Statistics Committee of Ukraine the total volume of foreign investment into the economy of the country comprised $58.38 billion, including $44.423 billion from the countries of the European Union. The main sources of investment are Cyprus, Germany, Netherlands, Russian Federation, Austria, United Kingdom, British Virgin Islands, France, Switzerland and Italy.
Today, Ukraine actively imports European mechanical machinery, transport, pharmaceuticals, electrical machinery, plastics and polymers, paper and cardboard, food and drink products, agricultural machinery and other products. The structure of export to the European Union is comprised of ferrous metallurgy, ores, crops, electrical machinery, oil seeds and fruits, mineral fuels, wood and wooden products.
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Key Facts Capital Kyiv Languages: Ukrainian, Russian Territory 603 628 sqm. The population of Ukraine at the end of 2013 was 45 264 million. Currency Ukrainian Hryvnia (UAH) Nominal GDP reached USD 182 094 million for
2013.
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