Reforms in Ukraine boost investor confidence - Estonian PM
Reforms help to increase and strengthen the confidence of foreign investors in Ukraine, and it is in the EU's interest that Ukraine succeeds.
Estonian Prime Minister Kaja Kallas said this today in Berlin at the Ukraine Recovery Conference, an Ukrinform correspondent reports.
"When you carry out, for example, reforms in the rule of law, then investors actually trust your economy, because they know that if something goes wrong, they can turn to the legal system and get help from there. And that builds trust in the economic system and also gives the economy prosperity, which is what we want," said Kallas.
She also noted that there are always concerns about EU enlargement. And every time a new country joined, there was a fear of job losses and greater competition.
"Now there are fears that Ukrainians will come and take away everyone else's jobs... And I was just in the parliament yesterday and the opposition was really attacking me, Ukraine, and, you know, you can certainly correct me if I'm wrong, but I think that if you are literally fighting for your country, and when that country becomes free, I'm convinced that you will want to be there to build your country, not leave it, because there are so many opportunities in Ukraine. And when the war is over, there will be no such opportunities anywhere else. So, I think we need to dispel these fears. It's in our interest, not only in Ukraine's interest, but in our interest that Ukraine succeeds, because if Ukraine is prosperous, they don't need as much support from us anymore. At the same time, they can be part of the single market, and that's good for us," Kallas said.
As reported, an international conference on Ukraine's recovery is taking place in Berlin today, attended by leaders of several European countries, foreign ministers, representatives of European business and industry.
President of Ukraine Volodymyr Zelensky addressed the conference.