Medvedchuk: the Russian Federation remains the main investor in the Ukrainian economy

Медведчук: РФ остается главным инвестором экономики Украины

Kiev needs to get back to the restoration of trade-economic cooperation with the Russian Federation, in Ukrainian selection

Predictions about the “growth” of the Ukrainian economy divorced from reality, I’m sure the leader of the Ukrainian choice.

Without the restoration of trade-economic cooperation with Russia and CIS countries, Ukraine will not be able to overcome the current economic crisis and to get at least to the indicators of 2013. So the leader of the public movement “the Ukrainian choice – the Right of the people” Viktor Medvedchuk.

He stressed that despite the significant deterioration in Russian-Ukrainian relations, Russia is still the main investor in the economy of Ukraine.

“By the end of 2016 Russia invested in Ukraine’s economy about $1.67 billion, or 38% of the total investment. A significant part of the investments – contributions to the authorized capital of the “daughters” of five Russian banks in Ukraine in the framework of the capital increase. None of the EU countries did not even made approximately the same contribution to supporting the economy of our state”, – said Medvedchuk.

He believes that many of the society scenarios for future development of the country, their authors did not take into account the real situation in the economy.

“Estimates and trends of economic development will not lead to the recovery of Ukrainian economy to the level of 2013. Moreover, the FTA with the EU de-facto does not provide for the transition to innovative model of development and a new technological order,” – said Medvedchuk. In these circumstances, he said, Ukraine needs to return to the restoration of trade-economic cooperation with Russia and countries of the Eurasian economic Union.

We will note, recently the national Bank of Ukraine has lowered the forecast of growth in real gross domestic product in 2017 to 1.6% from 1.9%, keeping inflation at 9.1%.

Source