A meeting took place in Kyiv between representatives of the Ministry of Economy of Ukraine, including First Deputy Prime Minister and Minister of Economy of Ukraine, Yuliia Svyrydenko, and a delegation from the United Kingdom. The event was attended by: the second permanent deputy secretary of the Foreign, Commonwealth and Development Office (FCDO) of the UK, Nick Dyer; the Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Ukraine, Martin Harris; First Deputy Minister of Economy Oleksii Sobolev; and Deputy Ministers Andrii Teliupa and Tetiana Berezhna.
The parties discussed further plans for long-term cooperation in the following areas:
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Efforts for the reconstruction and recovery of Ukraine,
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Economic growth, the development of Industrial and Investment strategies,
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Expansion of UK support programs in various sectors,
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Preparation for the Ukraine Recovery Conference 2025 (URC 2025) in Rome.
The partners emphasized that Ukraine's recovery assistance remains a priority for the UK government and is currently the largest international program being implemented by the United Kingdom.
“Support from the United Kingdom is very important, and we have felt it from the very first days of the full-scale war. Right now, we are actively cooperating in the direction of long-term planning for Ukraine's recovery, involving our partners in the development of economic reforms and reconstruction projects. The UK supports Ukraine in various sectors—this includes assistance for SMEs, initiatives to expand opportunities for women in the labor market, and cooperation in the field of digital trade, which strengthens economic ties between our countries. And of course, we would very much like the United Kingdom to become a leader in investments in Ukraine's economy,” noted First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko.
They also discussed opportunities for attracting investments, particularly through privatization and public-private partnerships. Yuliia Svyrydenko emphasized that to accelerate economic growth, it is necessary to simplify regulations for entrepreneurs further and create new incentives for businesses and investors.
Additionally, the UK is advising Ukraine on expanding military risk insurance programs and bringing international global reinsurers back to the Ukrainian market.
The British side pointed out that the priority sectors for long-term economic cooperation are industry, energy, and construction. Preparing quality investment projects in both the public and private sectors remains crucial for accelerating investment.
The partners also stressed the importance of continuing support for projects related to human capital. Priority areas include expanding the rights and opportunities for women in the labor market, as well as retraining and upskilling veterans, internally displaced persons, those affected by the war, and other vulnerable groups.
