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Ukraine remains attractive for doing business despite war - Schulze.
Ukraine continues to be attractive for doing business even in conditions of war.
Svenja Schulze, Federal Minister for Economic Cooperation and Development of Germany, said this in an interview with Ukrinform.
"Despite the current very difficult situation, Ukraine remains an interesting market for many companies," Schulze said.
She explained that the production process can still be carried out in a significant part of the country, and the fact that Ukraine is a candidate for EU membership is a "long-term" argument for companies.
Read also: About 1,500 participants invited to Ukraine Recovery Conference in Berlin
The minister cited data from the German-Ukrainian Chamber of Commerce and Industry indicating that before the full-scale Russian invasion, about 2,000 companies with German capital were operating in Ukraine.
"Even after the Russian invasion, there were almost no companies that would completely halt their activities in Ukraine. They 'keep their foot in the door' because they know it's worth it," Schulze said.
At the same time, she noted that the private sector needs a positive investment climate and legal certainty. Therefore, Germany supports Ukraine on its reform path, especially with regard to the process of joining the EU. The fight against corruption is especially important, Schulze said. She mentioned a Transparency International report that noted progress in this matter, despite the fact that Russian aggression is ongoing. This is a very positive signal for the economy, Schulze said.
Enemy drones attack energy facilities in two Ukrainian regions.
Russian drones attacked energy infrastructure sites in two regions in eastern and central Ukraine on the night of May 17 to 18, with emergency and restoration work ongoing.
Zelensky: West is afraid Russia will lose war, and it does not want Ukraine to lose it.
Ukrainian President Volodymyr Zelensky has criticized the position of Western countries that ban the use of their weapons for strikes within Russia, adding that the West is afraid of Russia's defeat in the war and does not want Ukraine to lose it.
Injury toll in Russia's May 17 attack on Kharkiv rises to 31.
The number of those injured in a Russian attack on the Shevchenkivskyi district in Kharkiv has increased to 31, with three people killed in the shelling.
Ukrainian air defenders down 13 Shahed drones overnight.
Russian invaders attacked Ukraine with 13 Shahed-131/136 strike drones launched from the Primorsko-Akhtarsk and Kursk area on the night of May 18 to 19.
U.S. ban on strikes within Russia compromising Ukraine's ability to defend itself - ISW
The U.S. ban on Ukrainian forces using U.S.-made weapons for strikes within Russia is severely compromising Ukraine's ability to defend itself against Russian offensive operations in the north of the Kharkiv region.
Harvard is 'capitulating' to 'lunatics': Bethany Mandel.
Author Bethany Mandel and Rabbi Chaim Mentz break down the latest in anti-Israel sentiment nationwide on 'Fox News @ Night.' Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-enc...
Biden unveils China tariffs after knocking Trump for same policy.
South Carolina Sen. Tim Scott joins 'Fox & Friends' to discuss voters' enthusiasm for former President Trump and Biden's policy on China. #FoxNews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC...
Fico assassination attempt: Could it be politically motivated? - DW News.
Slovakia's prime minister Robert Fico is reportedly in a stable condition and conscious after undergoing emergency surgery for gunshot wounds. Fico was shot multiple times in an assassination attempt after leaving a government meeting. Slovakia's ...
Infected blood inquiry: 'People will be looking at' criminal prosecution, mayor says.
Former Labour health secretary Andy Burnham has told Sky News those involved in the infected blood scandal must be held to account. The mayor of Greater Manchester said the tragedy was a "criminal cover-up on an industrial scale". Thousands of peo...
Birth trauma: Top midwife says 'warm words are no longer enough'.
Top midwife Donna Ockenden has told Sky News action needs to be taken now to improve the quality of maternity services around the country. The Parliamentary Birth Trauma Inquiry concluded this week that poor care is 'frequently tolerated as normal...
Stay Tuned NOW with Gadi Schwartz - May 15 - NBC News NOW.
A barge hit a bridge in Texas causing a partial collapse and an oil spill, police are moving in on pro-Palestinian protests at the University of California, Irvine, and President Biden and former President Donald Trump have agreed to a presidentia...