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Davos: Zelenskyy tells big business about Ukraine's economic growth, urges investment

He noted that Ukraine's economic growth exceeded 5% last year, although the World Bank had previously estimated the country's GDP growth at 4.8%.

Davos: Zelenskyy tells big business about Ukraine's economic growth, urges investment
Photo: Ukrainian presidential office

On the sidelines of the annual meeting of the World Economic Forum in Davos, President of Ukraine Volodymyr Zelenskyy took part in the meeting "Big Business Leaders to Ukraine," the Office of the President of Ukraine reports.

He spoke about the country's economic growth, which exceeded 5% in 2023, and about optimistic forecasts for GDP growth for the current year.

The president stressed that Ukraine had restored its export capabilities thanks to the functioning of the grain corridor independent of Russia.

"We have created a parallel corridor and demonstrated that we can push the Russian fleet out of the Black Sea. We have started transporting not only grain but other goods as well," the president said.

Zelenskyy said that the Ukrainian authorities were making significant efforts to ensure protection against Russian air terror.

The president invited business representatives to invest in Ukraine and participate in its recovery.

"It is important that you stand with us, I thank you for your support. It is very important to be here, to strengthen investments in Ukraine and support our economy," Zelenskyy said.

He noted the special potential and prospects of military production. In particular, Zelenskyy highlighted the importance of cooperation with leading Western defence companies.

The meeting was attended by President of the European Commission Ursula von der Leyen, President of the World Economic Forum Borge Brende, NATO Secretary General Jens Stoltenberg, US Special Representative for Ukraine's Economic Recovery Penny Pritzker, President of the European Bank for Reconstruction and Development Odile Renaud-Basso, Vice Chancellor, Minister of Economic Affairs and Climate Protection of the Federal Republic of Germany Robert Habeck.

Penny Pritzker called on global businesses to actively explore Ukraine's investment opportunities. She focused on the advantages of the economy, including the global digitalisation of public administration in Ukraine.

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