The new model of development of Ukraine's economy, the main sectors identified as economic growth points, the vision of human capital development, the Government's programs to implement projects with significant investments were the topics for discussion during a meeting between the First Deputy Prime Minister of Ukraine – Minister of Economy Oleksiy Lyubchenko and Extraordinary and Plenipotentiary Ambassador of the Federal Republic of Germany to Ukraine Anka Feldghusen.
"Germany is a strategic partner for Ukraine, which is why my objective as First Deputy Prime Minister and Minister of Economy is to find synergies and points of interconnection of our countries in the economy. I am happy to present you a new model of the economy. We have identified key growth points for the sector that will be able to provide maximum growth to Ukraine's economy. I think that the following clusters will be interesting for German businesses: technological development, which includes technological production, transport production, modern technologies, investments in healthcare, production of medical equipment and medicines," Oleksiy Lyubchenko said during the meeting.
For her part, Anka Feldhusen noted that recent developments with the spread of the pandemic in the world had reoriented the policy of large German businesses - an urgent requirement of today is the localization of large pharmaceutical companies closer to Germany. And Ukraine, given its convenient location, can become such a place.
Oleksiy Lyubchenko invited German businesses to invest in Ukraine: "We approved the Law "On the state support of investment projects with significant investments in Ukraine", which creates acceptable conditions for doing business by investors who come to us with investments of over EUR 20 million and create new jobs. We are already completing the legal work with bylaws to make this law efficient."
The First Deputy Prime Minister of Ukraine informed his foreign colleagues about the changes planned by the Government in the field of human capital management. "We will launch a new human capital management strategy. Our goal is to create such mechanisms so that graduates of higher educational institutions stay to work in their home country, take on challenges and build the future of Ukraine," Oleksiy Lyubchenko stressed.
Moreover, during the meeting, the parties discussed current issues of cooperation between the countries, in particular, the prospects of signing a memorandum of understanding on the protection of the rights of Ukrainian citizens legally working in Germany, and agreed on a series of meetings with representatives of German business and more.