G7 ambassadors reminded of steps expected from Ukraine

The ambassadors of the Group of Seven named the steps and reforms expected from Ukraine in preparation for the post-war reconstruction of the country and the arrival of Western investment.

This was reported by Yevropeiska Pravda.

In a joint Twitter post, the G7 ambassadors said that they had met with Prime Minister Denys Shmyhal and talked about the next steps after the Conference on the Reconstruction of Ukraine.

"Transparency and accountability are crucial to engage the private sector in recovery and reconstruction," the ambassadors emphasized.

They noted that to this end, Ukraine is expected to take a number of steps in the anti-corruption sphere, including the timely appointment of a new head of the NACP, the restoration of the asset declaration system and financial reporting of political parties, and the strengthening of anti-corruption institutions, including the SAPO and the ARMA.

"We also call for the adoption of laws that will ensure a strong and independent Antimonopoly Committee and improve corporate governance of state-owned enterprises in line with OECD standards," they added.

The ambassadors noted that they share the view that preparations for the 2024 conference on Ukraine's reconstruction in Germany should begin.

Author - Olena Madiak, 02/08/2023