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Implementing the Ukraine Facility

12 Jun 2024
All Committees
Ukraine Task Force

The Ukraine Facility represents a great opportunity to bolster Ukraine’s resilience and economic growth as well as the European Union’s commitment to this cause. To be successfully implemented, resources must be deployed in a fair and transparent manner. Open governance, including structured and regular incorporation of business feedback, is also needed to ensure the Facility meets economic and strategic objectives effectively. Additionally, EU stakeholders should start considering how they can provide clarity and strategic planning beyond the current terms of the Facility and how the Multiannual Financial Framework can provide stability and confidence for long-term investments. Taken together, this approach to the Facility’s implementation can foster a conducive environment for business operations and sustainable economic growth in Ukraine.