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Ukraine's reconstruction can boost Polish-Ukrainian trade turnover, official says

Photo by Andrea Anastasakis / Unsplash

The reconstruction of Ukraine represents an opportunity for Polish companies to secure new contracts and can boost turnover of trade between the two countries, Polish-Ukrainian Chamber of Commerce President Jacek Piechota said.

"The reconstruction of Ukraine and the prospect of strengthening and developing economic cooperation with Ukraine is a significant opportunity for our economy and for Polish entrepreneurs," Piechota said Monday at the Common Future Congress in Poznań, as cited by Polish news agency PAP.

"Entrepreneurs understand this well. Over 3,000 Polish companies have registered with the Polish Agency for Investment and Trade as interested in participating in Ukraine's reconstruction," he added.

Piechota said the entire Western world will want to show that it is possible to build a modern Ukrainian economy and Polish firms must participate in this process.

He pointed out that the reconstruction of Ukraine is already underway, with local Ukrainian governments working to restore damaged schools, hospitals, and energy infrastructure.

According to Piechota, Poles registered 300 companies in Ukraine since the start of the full-scale invasion, reflecting Polish firms' readiness to expand and contribute to the country's reconstruction once Western funds and the Ukraine Facility program become available.

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