Ukraine will become a member of the European Union, so it is profitable to invest in it, – Olaf Scholz

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Ukraine will become a member of the European Union, so it is profitable to invest in it, — Olaf Scholz

According to the German Chancellor, the country's reconstruction should take into account the European perspective, so that Ukraine can easily integrate into the EU in the future.

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German Chancellor Olaf Scholz, at the opening of the fifth German-Ukrainian business forum on the restoration of Ukraine, said that it would become a member of the EU, so the country should be restored taking into account this perspective, Ukrinform reports.

According to the Chancellor, the provision Ukraine's EU candidate status

became a signal for investors: investing in its restoration means investing in a country that will become part of the European Union and the common European market.

This also affects how exactly the recovery process should take place, so that in the future it will be as easy as possible to integrate the country into the EU.

“This means that both in logistics and in transport it is necessary to act in such a way as to” tie “Ukraine directly to the internal European market,” Scholz said. “This means that export routes should be open to Ukrainian products, Ukrainian firms. And at the same time, you need to remember about the natural environment and organic agriculture.”

Olaf Scholz cited Ukraine's energy sector as an example: it not only needs to be restored after Russian attacks, but also to improve the efficiency of the industry, as well as to develop electricity exports to the EU. In particular, it is necessary to pay special attention to the development of renewable energy generation, since the natural conditions of Ukraine are the best suited for this: you can use both the sun and the wind.

“There is already the first agreement between Ukrainian and German enterprises , and we know that there is great potential here,” the chancellor said.