Ponomarev explained why investors don’t want to go to Ukraine

Foreign investors have learned to work in conditions of corruption, but in Ukraine, even they are hard to work with. This was stated in an interview with “Apostrophe” Russian opposition politician Ilya Ponomarev.

According to him, even war and corruption in Ukraine are the main factors for the lack of foreign capital.

“War, as I have repeatedly said, is not supersnacks factor. It is an important factor, but not a priority. And the corruption itself is not a major factor. Just the same investors involved in transactions in some Africa or Latin America. Basically, they know how to work corruption. Just a question that there is corruption, in which issues are resolved and there is corruption, which issues are not solved”, – said Ponomarev.

He noted that people in Ukraine pursue only their personal interests in order to enrich.

“The main problem of Ukraine is that in the control – chaos, people pursue only their personal interests, and none of them even earning money, even as an indirect result of not considering the possibility to do something for the country. You can earn in different ways and you can steal with a loss, but you can steal and profit. Profit – too bad, but it’s better than a loss. And in this case, people live like the last day,” – said the Russian opposition.

As reported, the volume of foreign investments in the Ukrainian economy on October 1, 2016 was $ 45,152 billion dollars, which is 2,618 billion, or 6.2 percent, more than at the beginning of the year at the level 42,535 billion dollars.

So, VoxUkraine found that investments in Ukraine are growing, but the pre-war level has not yet reached. After the revolution of dignity, annexation of Crimea and the outbreak of the war in Donbas new foreign direct investment (FDI) into Ukraine decreased significantly from $ 4.5 billion in 2013 to $ 410 million in 2014. The drop in FDI is more than ten times in 2014 was unprecedented in Ukrainian history and in comparison with neighbouring countries. And despite the growth in 2015 (to 2.96 billion dollars) and for 6 months in 2016 (2,13 billion), FDI has not yet reached the level of 2013.