President of Ukraine

The International Chamber of Commerce Will Contribute to Ukraine's Recovery

8 November 2024 - 18:46

The International Chamber of Commerce Will Contribute to Ukraine's Recovery

The Deputy Head of the Office of the President of Ukraine, Iryna Mudra, met with the Secretary General of the International Chamber of Commerce, John Denton, and the President of the Ukrainian Chamber of Commerce and Industry, Gennadiy Chyzhykov.

The meeting focused on the possibility of cooperation between the International Chamber of Commerce and the International Compensation Mechanism, which is being established pursuant to the Point 7 of the Peace Formula “Restoration of Justice.”

“As a global business organization, the International Chamber of Commerce is able to contribute to a better understanding of how the private sector can benefit from the International Compensation Mechanism. Such interaction will help ensure economic recovery and effective reconstruction,” Iryna Mudra noted.

She also emphasized that Ukraine is doing everything necessary to join the European Union, including implementing reforms to improve the judicial system, investment opportunities and the business environment.

John Denton spoke about the possible areas of activity of the International Chamber of Commerce in attracting investment to Ukraine, improving the business climate and creating effective tools for resolving commercial disputes.