Bilateral and mutually responsible dialogue between the government and the industrial community with experts and business representatives is crucial for the formation of public policy. It is feedback from civil society, experts that makes government decisions efficient and ensures their detailed feasibility research and forecasts for possible consequences. This was discussed at a meeting of the business association consisting of the Ukrainian League of Industrialists and Entrepreneurs (ULIE), the Association of Employers' Organizations, the Federation of Employers of Ukraine, the Chamber of Commerce and Industry, and the Council of Entrepreneurs under the Cabinet of Ministers with Ukrainian Prime Minister Volodymyr Groysman.
"We've shared our vision of the social and economic situation in the country, concerns about de-industrialization trends, and the loss of high-tech industries. The prime minister supported our commitment to strengthen industrial policy, to make cooperation in this area between the government, the National Bank and businesses more efficient," ULIE President and head of the Association of Employers' Organizations Anatoliy Kinakh has said.
Representatives of the business community noted a further deterioration in professionalism at the ministries and agencies, which is seen across the entire executive branch of power. These circumstances, in their opinion, hinder the development of high-quality and modern economic policy.
The high degree of moral and physical depreciation of fixed assets, rolling stock of Ukrzaliznytsia, which is Ukraine's railways operator, demands that the authorities should work with involvement of industrial community, using comprehensive methods on the basis of advanced, targeted, highly professional programs for the modernization of sectors of the economy and industry along with adaptation to regulations and standards of the European Union, the introduction of import substitution and localization of production, and the application of methods of public-private partnerships. It was proposed that a meeting of the National Committee for the development of the industry should be held to consider accelerated modernization of the industry.
The sides also discussed the situation with tariffs and prices in the country. Members of the public stress that the national regulators, including the National Commission for State Regulation of Energy and Public Utilities (NERC), should pay much more attention to feasibility study on the tariffs and be more open and transparent. And the government must monitor that all changes in the tariff policy should to the maximum take into account the real economic situation and the solvency of the population.
The leaders of the business community informed the Ukrainian prime minister about preparations for the Ukrainian business forum, which is scheduled to be held in April. A large forum of business associations, which will meet for the second time this year, will give an objective, depoliticized diagnosis of the economy, the business climate, and will hammer out targeted recommendations to the government and parliament for sustainable economic growth.
The Ukrainian prime minister and representatives of the business associations agreed to step up communication, regularly exchange views, more actively involve the business community in the formation of the country's effective economic policy.