Business support in the face of war: Olha Stefanishyna discusses further integration with the EU with companies

The decision on candidate status means that Ukraine will join the EU single market, with the gradual integration being underway nowadays. This year, Ukraine became part of the European energy space, barriers in the form of transport permits, as well as duties and quotas covered by the Association Agreement were completely abolished for one year.

Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna told during an online meeting with CEO club member-companies.

“We have embarked on negotiations on access to European funds. These resources will be the basis for the restoration of infrastructure, communal property and the economy not only after the war ends but while it continues as well,” said Olha Stefanishyna.

The Deputy Prime Minister told about the programs and financial opportunities provided by the EU for business development. In this matter, the participants paid special attention to the European Green Deal issues.

“The green transformation is essentially a green light for European funding. It is also important that over time compliance with European legislation and green production technologies will affect access to international markets. Therefore, we consider it critical to include a “green component” in long-term business development strategies,” the Government official recommended.

Apart from that, the Deputy Prime Minister informed business representatives about the plans to introduce an “industrial visa waiver” with the EU.

According to her, the negotiation processes for the conclusion of the ACAA agreement are currently being completed, and the “visa-free” agreement can be signed in 2023. The first three sectors will cover low voltage electrical equipment, electromagnetic compatibility of equipment and machinery.

Olha Stefanishyna also discussed with the business the construction of modular houses for people who have lost their homes; adjustment of retail trade in the EU; logistics routes in the EU for farmers, etc.

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