In 2016 Ukraine became the 47th adherent to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Ukraine holds towards its integration into the world economy and promoting responsible business conduct.

As adherent to the Declaration, Ukraine commits to providing national treatment to foreign investors and promoting responsible business conduct. In turn, it benefits from similar assurance from other adherents to treat Ukrainian investors abroad fairly and to encourage their multinational enterprises operating in Ukraine to contribute to economic, social and environmental progress. In accordance with the OECD Guidelines for Multinational Enterprises, an integral part of the OECD Declaration, Ukraine has committed to establish a National Contact Point charged with promoting principles and practices embodied in the Guidelines, handling related enquiries in the national context and supporting mediation and conciliation procedures.

The Investment Policy Review of Ukraine was undertaken under the aegis of the OECD Investment Committee and as part of the OECD-Eurasia Competitiveness Programme. This publication draws on the report supporting the examination by the Investment Committee of Ukraine’s application for adherence to the OECD Declaration. The examination of Ukraine’s investment policies took place in December 2015 at the OECD headquarters in Paris in the presence of a delegation from Ukraine led by Ms. Yliiua Kovalyv, First Deputy Minister of Economy and Trade.

The report was prepared by a team led by Andrea Goldstein and Frédéric Wehrlé, Senior Policy Analysts in the Investment Division of the OECD Directorate for Financial and Enterprise Affairs and including Tihana Bule, Antoine Comps and John Hauert, under the supervision of Ana Novik. It has benefited from the Investment Committee’s discussions and comments from the OECD Secretariat, including the secretariats of the Anti-Corruption Network for Eastern Europe and Central Asia and the Committee on Corporate Affairs, and the Global Relations Secretariat. The team thanks Deloitte Central Europe for the data of its Central Europe Top 500 rating.

The team is grateful for the financial support received from Sweden.

This report is made possible by the generous support of the American people through the United States Department of State. The contents are the responsibility of the OECD and do not necessarily reflect the views of the Department of State or the United States Government.