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Kyiv International Economic Forum (KIEF)

Individuals
13.10.2023
Kyiv International Economic Forum (KIEF) - photo - mtb.ua

The whole world is with us - these are not words, but practical actions that lead to a more significant role of our country in the international economy. The other day, the Kyiv International Economic Forum (KIEF) brought together political figures from different countries of the world, representatives of business, government and society to discuss key economic issues and global trends.

The Chairman of the Management Board of MTB Bank Yuriy Kralov, who took part in the work of one of the largest international forums in Europe, noted the main topics of discussion: "This is business support from the state, the development of production related to exports and cooperation with foreign partners in the export industry thanks to such institutions as, for example, EKA (Export Credit Agency), the state program "Affordable Credits 5-7-9" and establishing partnerships with international partners regarding portfolio guarantees. All this will give a tangible impetus to the development of domestic business. The only condition is that a foreign investor needs very carefully written business plans, the presence of permit documentation. That is, our business needs to pay special attention to these requirements."

In general, the conclusions at the discussion forums of the forum were quite optimistic, says Yurii Oleksandrovych: "There are resources in the country, we are able to move independently, we have a powerful banking system and state support. We only need to focus our attention and bet on our advantages. Create processing agro-industry, build weapons factories, provide conditions for the development of IT technologies. This is what will increase our competitiveness and give us the opportunity to occupy a large share of the world market. And in the middle of the country, all this is new jobs, revenues to the budget, and an increase in social protection of society."

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