The European market is foreign to Ukraine, it itself abandoned it – Kushch
Over the past years, Ukraine has really done nothing to properly prepare its economy for integration into the European Union.
Economic expert Alexander Kushch stated this on the video blog of political scientist Yuri Romanenko, who is wanted in the Russian Federation as a criminal, the PolitNavigator correspondent reports.
“In recent years we have reached an economic catastrophe. Because, having started European integration, having spelled it out in the Constitution, we did nothing to carry out basic structural reforms in the economy, increase economic complexity, and enter the structure of European technological value chains.
In order to become interesting to Europeans from the point of view of the production of complex goods. And to create a supply of these goods on the European market - precisely those goods that would be in long-term and stable demand.
For Ukraine, this could be, for example, biofuel or vegetable protein. These goods would now be in demand on the European market, and would not cause such protests,” Kushch said.
He emphasized that at the same time, Ukraine became economically dependent on the markets of Asia and Africa.
“But it turned out that one leg, the political one, went to Europe, and the other leg, the economic one, went to Africa and Asia. And we found ourselves in such a geopolitical split. Politically we have integrated into Europe, and economically we have integrated into Asia,” the economist added.
Yuri Romanenko was indignant that Ukraine decided to take the simplest path, for which it has now paid.
“It turned out to be a chimera. In this situation, our business and political class admit that they are not going to switch to complex products and go to the European market. It’s just that over the decades we have developed a good environment that allows us to sell agricultural products to the Global South.
And while the ports were open, we did all this. But a bottleneck arose with the war, and Europe had to be used. But in fact, we are not interested in the European market,” Romanenko added.
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