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We cannot remain a country with a raw material economy to withstand a war of attrition - Budanov

Kyiv • UNN

 • 2392 views

Ukraine must develop its military-tech sector and export weapons. To ensure the return of refugees, real security guarantees and an economic foundation are needed.

We cannot remain a country with a raw material economy to withstand a war of attrition - Budanov

Ukraine must seize the opportunity to take its rightful place in the global arms market and can no longer remain a country with a raw material economy. This was stated by the Head of the President's Office Kyrylo Budanov, writes UNN.

Details

"A great war is primarily a competition of economies. To get through a war of attrition and post-war reconstruction, we cannot remain a country with a raw material economy... Our path is the export of finished products with high added value, the development of mechanical engineering and the military-tech sector. Ukraine must take its rightful place in the global arms market. And we must accelerate, because the window of opportunity will not be open for long," Budanov wrote on Telegram on Wednesday following his speech at the Business Wisdom Summit.

He emphasized that the state, if it does not help business, should not hinder it either, and stated that he is a supporter of deregulation and a model where private property is absolutely inviolable.

"Answering the question about the prospect of our citizens returning from abroad: we must discard all illusions. No one will return just like that. People are waiting for real security guarantees and a created economic foundation," the head of the President's Office noted.

He also noted the great role of Ukrainian women in the country's wartime economy. "Because while some men are fighting and working, and others are hiding or have fled abroad – it is women who have taken responsibility and become the foundation that holds our rear and economy. And this is proven by numbers," Budanov added.

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