The former Secretary of State of the United States noted that his country is ready to provide Ukraine with all the necessary support for victory, and that Ukraine itself, in addition to fighting on the front line, should continue the democratic transformation.
Due to the violation of property rights, Ukraine may miss the opportunity to develop a strong economy, which is necessary to withstand any aggression. This opinion was expressed in an interview with NV by the former Secretary of State of the United States and former head of the CIA, and now a member of the Board of Directors, independent non-executive director of the Ukrainian mobile operator Kyivstar Mike Pompeo , answering a question about “talks about the possible nationalization of Kyivstar.”
“The talk of nationalization is a step back because Ukraine will need a large amount of private sector investment, foreign direct investment, and support from Europe and the private sector of the United States to overcome the consequences of the war, ” he said, adding that Ukraine needs to protect property rights.
“By neglecting this, Ukraine will make a” strategic mistake, ” because it will not be able to attract investment for reconstruction, capital flows will be limited,” Pompeo stressed.
He also believes that one of the largest Ukrainian telecom operators, owned by the international telecom group VEON, is “an important pearl of the Ukrainian economy.”
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“Kyivstar has served the Ukrainian people very well, has been very generous. It has also been an important player in helping the Ukrainian people in the last two years. Now is the time when we can start doing that. I came with a group of private investors from the construction industry to the telecommunications industry – “from all over. But investors should do so with confidence that the capital they invest in Ukraine will be protected from confiscation or nationalization,” Pompeo said.
The former Secretary of State of the United States also noted that the United States is ready to provide Ukraine with all the necessary support for victory, and that Ukraine itself, in addition to fighting on the front line, should continue democratic changes – they will provide economic power to counter. Russian invasion. At the same time, Pompeo called economic power one of the central elements of Ukraine’s security.
“Evil is coming from Moscow, and this evil must be confronted. The Ukrainian people have done an amazing job, made enormous sacrifices for it. The United States must continue to support it in all its scale: military, diplomatic, intelligence, and now commercial. We need the private sector to identify opportunities, take risks and enter this space, and we need to ensure that the conditions created by the Ukrainian government, which is the main ability to protect fundamental rights, property rights, exists in such a way that we can realize the fourth important direction, to convince Vladimir Putin that the defeat of Ukraine is impossible,” Pompeo stressed.
We remind you that the former Secretary of State of the United States Mike Pompeo will join the board of directors of the mobile operator Kyivstar as an independent non-executive director, it became known in mid-November.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.