First Vice Prime Minister/ Minister of Economic Development and Trade of Ukraine Stepan Kubiv took part in Digital Ukraine Forum: Digital Development Strategy, which is taking place in Kyiv with the participation of representatives of the Parliament, the Presidential Administration, the public and business community.

Opening the forum, Stepan Kubiv stressed that the present Ukraine has all necessary components for the successful digital transformation and the development of the digital economy: "Ukraine is among top 20 countries of the world in terms of exports of IT products, we have over 100 thousand Ukrainian IT professionals and over 5 thousand IT companies. At the same time, we must balance work among the authorities, science and business. International practice indicates that the customer of the scientific solutions always appears business. Therefore, science should be aligned with industry. While, the Government will continue to create a favorable regulatory framework", said Stepan Kubiv.

He added that today the Government has focused on three blocks of issues: legislative changes that will promote digital transformation in the country, an investment and innovation policy to stimulate innovation development and to encourage large investment projects, primarily to ensure the creation of the digital infrastructure and other elements of digitalization.

Stepan Kubiv noted that it is necessary to support the development of high-tech industries to comply with the elaborated by the Ministry of Economic Development and Trade of Ukraine High-Tech Industries Development Strategy till 2025. According to him, the implementation of the measures defined in the Strategy will enable the country to create conditions for encouraging the development of high-tech industries, wide adoption of innovations in all sectors and the transition to innovative economy.

"Basing on the best international experience, the Ministry of Economic Development and Trade has shaped the High-Tech Industry Development Strategy through 2025, which was designed to create conditions to foster the development of high-tech industries, wide introduction of innovations in all spheres and the transition to innovative economy. A number of project offices under the Cabinet of Ministers of Ukraine and ministries operate in order to coordinate investment and innovation policy", said the First Vice Prime Minister.

He noted that joint efforts had resulted in large investment and innovation projects, in particular, the introduction of 4G communication, projects in the military-industrial, agro-industrial complexes, and others.