Root Out Corruption & Sweden Will Help Ukraine Get Green Going Green
At a meeting between Swedish Prime Minister Stefan Lofven and Ukrainian President Volodymyr Zelensky the two sides talked about rooting out corruption, new trade opportunities, rebuilding Donbas, and continued sanctions on Russia
Sweden may increase investment in the Ukrainian economy – particularly in green energy – if the rule of law is strengthened, corruption is combated, and the influence of oligarchs is reduced.
Swedish Prime Minister Stefan Lofven said this at a joint briefing with Ukrainian President Volodymyr Zelensky in Kyiv today (Dec. 12), Ukrinform reported.
“We hope to strengthen relations between our countries in the sphere of trade and investment,” Lofven said. “If the provisions of the Association Agreement are implemented, the potential of these further investments and relations looks very promising. But this potential can only be realized if Ukraine works to strengthen the rule of law, fight corruption and reduce the influence of oligarchs.”
Lofven said that achieving these goals will transform Ukraine into a truly European country.
Ukraine is particularly interested in engaging Swedish investors in the implementation of projects in energy, agriculture, IT, infrastructure, and waste recycling.
“I have called on the Swedish side to increase its business presence in Ukraine. We are very interested in large-scale projects in alternative and renewable energy, energy security, agriculture, IT sector, infrastructure. We have also agreed to involve Swedish investors in waste recycling in key cities of Ukraine,” Zelensky said.
Lofven welcomed Zelensky’s reform agenda and mentioned that Sweden is the second largest technical assistance donor for Ukraine.
“We plan to continue supporting Ukraine’s efforts to improve people’s lives and get closer to the EU,” he said.
Zelensky also invited Sweden to participate in the future reconstruction of the Donbas, which has been ravaged since 2014 by Russia’s undeclared war there.
“The restoration of Donbas infrastructure is very important for us,” Zelensky said.
The Ukrainian president thanked Sweden for its continued support of Ukraine’s sovereignty and territorial integrity and for its position that sanctions against Russia be maintained.
Lofven said that, for its part, Sweden will continue to support sanctions against Russia at the Council of the European Union next week.
“We greatly appreciate the efforts Ukraine is making to resolve the conflict in eastern Ukraine and to reduce the impact of this conflict on people. Ukraine has demonstrated its commitment to compromise, and now it is Russia’s turn to take over the responsibility,” Löfven said.
Zelensky said that Sweden is one of Ukraine’s largest trading partners in Northern Europe. Trade between the two countries continues to grow, he said.