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First Vice Prime Minister: Ukraine is actively applying European best practices in industrial development
28.03.2018 | 10:53
MINISTRY OF ECONOMIC DEVELOPMENT AND TRADE OF UKRAINE

On March 27, the second meeting of the EU-Ukraine high-level industrial and regulatory dialogue under the co-chairmanship of First Vice Prime Minister/Minister of Economic Development and Trade of Ukraine Stepan Kubiv and EU Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Elżbieta Bieńkowska took place in Kyiv.

The attendees discussed implementation of European quality standards in industrial production, the involvement of technological and innovative solutions, participation in global, European and regional supply chains, the development of cooperation with enterprises of the EU member states, and applying best European practices in order to improve the management of industrial enterprises.

"Since March 2017, when the first meeting of the high level dialogue took place in Brussels, it has become an effective platform for exchange of information and best practices on ways to modernize and restructure the Ukrainian industry, as well as to improve the framework conditions for enterprises, in particular in the segment of small and medium-sized businesses. This partnership form a basis for the creation of Ukraine-EU production chains for products with high-added value", Stepan Kubiv stressed.

He emphasized that Ukraine has made significant progress in removing technical barriers in trade with the EU. In particular, a complete transition from the outdated system of mandatory certification of products to the assessment system in line with technical regulations that are identical to European ones. The Ukrainian certification system is recognized at the international level. The First Vice Prime Minister added that the high-level dialogue will shortly allow to start negotiations for an Agreement on Conformity Assessment and Acceptance of Industrial Products.

"In 2017, due to the implementation of the far-reaching reforms and launch of large-scale investment projects in infrastructure, defense and energy-efficientcy sectors, we see positive structural changes in the Ukrainian economy in terms of strengthening the investment component of development", the First Vice Prime Minister emphasized.

Stepan Kubiv stressed the real GDP in 2017 compared to 2016 grew by 2.5%. By the end of 2017, the positive dynamics of the industrial upturn were preserved. The processing industry has grown by 4%. Chemical production and  machine building see the best dynamics - by 18.4% and by 7.9% respectively.

"Ukrainian industry has a strong potential and can become a serious partner for European companies, and this cooperation will be mutually beneficial and will open new opportunities for growth", Stepan Kubiv emphasized.

"Our key objective is the fast transformation from the economy type based on raw materials to that based on innovations and high-tech technologies. A draft strategy for the development of industry was designed to determine the long-term priorities in this direction and it is of utmost importance that our priorities are in line with the EU industrial strategy", Stepan Kubiv underlined.

The First Vice Prime Minister informed that the Ministry of Economic Development and Trade of Ukraine kicked off work on shaping a national cluster industrial development program to support existing innovation value-added chains and called on European partners to provide technical support for searching the best model for the said program.

Moreover, he placed a special emphasis on the fact that Ukraine is actively applying the best European practices in industrial development. In particular, an active phase of the implementation of the smart specialization approach in pilot regions in synergy with the European Commission – DG Joint Research Centre. The work of the second meeting of the EU-Ukraine high-level industrial and regulatory dialogue will be continued at the expert level of industry sectors.

Background

In 2016, Ukraine and the European Union launched a high-level industrial and regulatory dialogue. March 1-2, 2017 the first meeting of the high-level industrial and regulatory dialogue took place in Brussels . Within the framework of the EU-Ukraine industrial dialogue meetings of 5 working groups, in particular,SMEs, space, the automotive sector, textiles and clothing, engineering, technical barriers to trade and public procurement were held. On the outcomes of the said meetings  joint further actions and steps aimed to strengthen cooperation and development of industry both in Ukraine and in the EU are being shaped.

 

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