Donors’ Coordination Platform to raise trust in investments in Ukraine – EESC President

The relevant statement was made by Oliver Röpke, President of European Economic and Social Committee (EESC), in an interview with Ukrinform.

“Well, first of all, there are already some measures which are positive and I welcome them. For example, the Donors’ Coordination Platform. I think it’s a valid instrument to increase credibility and trust in investments in Ukraine. We know that international actors such as the EU, the G7, but also financial institutions are involved in this and also the European Bank for Reconstruction and Development. I think this is already an important step and their involvement in this platform ensures reliability of this platform, which itself is a good signal for investors,” Röpke told.

In his words, the EESC also welcomed the creation of the Ukraine Facility, which is another important instrument that aims at supporting Ukraine’s recovery and reconstruction efforts.

“In this respect, we always put the emphasis on the crucial role of involvement of civil society. […] I think this is not only a question for Member States and for investors, but this is also something where civil society, including social partners, should be at the table to set a framework, not only a legal framework, but also a reliable framework of civil society organisations. I think this is absolutely necessary to make this period, which hopefully will come sooner than later, a success,” Röpke emphasized.

A reminder that the European Economic and Social Committee (EESC) is a consultative body of the European Union.