Ukraine should
stop talking about the possible nationalization of Kyivstar, as this could
have a negative impact on the country's investment climate, as well as on the confidence of
allies to counter the Russian invasion and recover from the victory.
In addition, by violating property rights, Ukraine will lose the chance to build a strong economy to counteract
a strong economy to withstand any aggression. This was stated in an interview for NV by former US Secretary of State
and former head of the CIA, and now a member of the Board of Directors, independent non-executive director of the largest Ukrainian mobile operator Mike Pompeo, reports UNN.
"Talking about
nationalization would be a step backwards, because Ukraine will need a huge
amount of private sector investment, foreign direct investment, as well as
support from Europe and the private sector in the United States to overcome the
the consequences of the war," he said.
he said, reminding of the need to protect property rights. Neglecting it,
Ukraine will make a "strategic mistake" because it will not be able to attract investment for
to rebuild, and capital flows will be very limited.
Pompeo noted that
the largest Ukrainian telecommunications operator, owned by the international
telecommunications group VEON, is "an important gem of the Ukrainian economy. Kyivstar
has served the Ukrainian people incredibly well, has been incredibly generous. It has also
been an important player in helping the Ukrainian people over the last two
years."
"Now is the time,
when we can start doing this. I came with a group of private investors from
construction industry to telecommunications - from all sectors," Pompeo said and
and emphasized the need for Ukraine's unconditional compliance with the generally recognized
rules of inviolability of private property and investment protection. "[Investors]
should do so with the confidence that the capital they invest in Ukraine
will be protected from confiscation or nationalization," he emphasized.
Pompeo noted that
the United States is ready to provide Ukraine with all the support it needs to win, and
Ukraine, in addition to fighting on the front line, must continue democratic
transformations - they will provide economic power to resist
Russian encroachment or aggression.
Economic power
Pompeo calls Ukraine's economic power one of the central elements of its security, so that the country
could withstand any military encroachment. Therefore, the United States will help Ukraine
to achieve a strategic advantage over the enemy: on the battlefield, so that Ukraine can dictate
the terms of peace to the invader from a strong negotiating position, and in the economy to
to prevent aggression in the future.
"Evil comes from Moscow, and
this evil must be resisted. The Ukrainian people have done an amazing job and made
and made tremendous sacrifices to do so. The United States must continue to support
this in all dimensions: military, diplomatic, intelligence, and now commercial,
commercially," Pompeo emphasized.
need the private sector to identify opportunities, take risks, and
to enter this field. And we need to make sure that the conditions that the
by the Ukrainian government, which is the fundamental ability to protect basic rights,
property rights, exist in such a way that we can realize this fourth
important direction to convince Vladimir Putin that Ukraine's defeat is
is impossible."