The associated Press: for years the West will have to feed Ukraine

The associated Press: for years the West will have to feed Ukraine


The calculations of Western countries that Ukraine will restore the economy through agriculture, far from reality. The economic situation in the country is that Ukraine for many years will depend on the help of the US and the EU.

MOSCOW, 28 Oct –. The hopes of Western countries that Ukraine will soon be able to restore the economy crash into economic reality, reports the associated Press.

The U.S. hopes that the destroyed economy of Ukraine can be restored at the expense of agriculture. But in reality, the regions designed for an “agricultural Renaissance”, experience the outflow of young people due to the lack of jobs, there are often power outages, the bribery prospers.

“It is obvious that Ukraine for many years will depend on the financial support of the US and Europe,” the Agency said.

Recently in Kiev was visited by the U.S. Secretary of Commerce penny Pritzker. The purpose of her visit was to help the Ukrainian authorities in conducting anti-corruption and legal reforms that would attract investment and would allow the West to reduce the volume of aid to Ukraine.

In fact, Ukraine is facing a lot of problems. The economy is forecast to shrink this year ten times. Large industrial centers are located on uncontrollable Kiev territories, the fight against corruption does not affect the big names, and the oligarchs are still going strong. Trade with Russia’s largest partner, falling exports to Russia in January-August this year was twice below last year’s volumes, and to compensate the losses will not be easy. Exports to the United States and the EU also reduced.

The Minister of Finance of Ukraine Natalie Jaresko argues that the purpose of Kiev is not the restoration of trade with Russia, and the creation of the economy like Polish, with greater European and global integration. “I don’t think that the level of trade with Russia will ever be the same. We focus our exports in Asia, Europe, the middle East and North Africa”, — said Jaresko in an interview with the associated Press.