Former US Secretary of State Pompeo calls on Ukraine to guarantee investment protection for victory and economic growth
Kyiv • UNN
Pompeo noted that the United States is ready to provide Ukraine with all the support it needs to win, and that Ukraine itself, in addition to fighting on the front lines, must continue its democratic transformations, which will provide economic power to withstand Russian encroachment or aggression.
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."
