Ukraine provides attractive conditions for investors and is working in the right direction. Attention should be given to strengthening the country’s institutional governance.
Discrimination between foreign and domestic investors continues to be the lowest risk, with a slight decrease vis à vis last year. Breach of State obligations remains unchanged. The risk of unpredictable policy and regulatory change has gone down compared to 2018.
Ukraine has a good score on three of the EIRA indicators and a moderate score on one. It has once again received a score of 67 on regulatory environment and investment conditions and 63 on rule of law. On management of decision-making processes, the score has increased by 3 points and now stands at 62. The performance on foresight of policy and regulatory change has also improved from 57 to 59 points.
On a more detailed level, Ukraine’s overall sub-indicator performance is good. Regulatory effectiveness remains the highest-scoring sub-indicator with 83 points. It is on par with transparency, for which the score has gone up from 78 to 83 points. It is followed by management and settlement of investor-State dispute at 75 points. On communication of vision and policies, Ukraine’s score has increased from 64 to 68. The sub-indicators robustness of policy goals and commitments, restrictions on FDI and respect for property rights have a moderate score of 50 each. The lowest-scoring sub-indicator is institutional governance with 41 points.