As reported by Ukrinform, this was reported by the press service of the Ministry of Economy, based on the results of the meeting of the sectoral working group on critical materials as part of the work on the Ukraine Plan for the implementation of the Ukraine Plant program. and the development of sectoral development strategies.

“Ukraine has rich deposits of 12 priority strategic minerals. We are also one of ten countries producing titanium, zirconium, graphite and manganese, which gives us the opportunity to establish the production of high-tech products immediately within the country. Therefore, the government’s goal is not only to expand the extraction of raw materials, but also to expand the extraction of raw materials. it is also to create a full cycle of innovative production within the country,” said Ukraine’s Deputy Minister of Economy Oleksiy Sobolev.

According to him, Ukraine, by developing its processing industry, can become the leading European supplier of lithium-ion batteries, heat sinks for nuclear power plants and other end products.

During the discussion, representatives from government and business, Ukraine’s perspective of EU accession, obtaining and expanding underground use licenses, risk insurance for potential investors, risk insurance for potential investors, identification of critical materials in national legislation and clear criteria for attracting technologies to the sector.

In addition to the issues mentioned, the participants of the discussion indicated possible directions of future legislative changes, taking into account the experience of EU countries in the field of secondary processing of materials, changes in the current regulatory framework and development. Establishing cross-industry ties for the growth of related industries.

As reported, the studies for the preparation of the Ukraine Plan concept, which is envisaged for the years 2024-2027 within the scope of the European Union’s Ukraine Financial Assistance Instrument, are continuing. The key areas of the plan are: macro-financial restructuring scenarios, a reform program including policies on basic requirements, state assets and privatization, human capital, business environment and financial markets, public administration reforms, strategies to develop priority sectors. augmentation.

Preparations for the Ukraine Plan are planned to be fully completed by October 31st.

Photo: Ministry of Reintegration