Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.
With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.
Free movements of goods and services
Trade Balance UA-LUX 2024
Free movement of persons and capital
4k
Ukrainians with temporary protection status, one of the largest refugee groups in LUX
LUX served mainly
as a holding company jurisdiction, with the ultimate beneficial owners located elsewhere. Much of the LUX FDI in Ukraine comes from Ukrainian business groups, mainly in agriculture, metallurgy, and machine building
31%
The integration of Ukrainians in LUX is difficult. Only 31% are employed, compared to the 57% EU average
FDI in UA financial
sector decreased due
to the nationalisation
of Sense Bank
LUX’s FDI stock in UA, € mln
Tighter co-operation potential
LUX-UA integration policy should focus on a capital- and industry-driven strategy, where LUX serves as a financial gateway and investment platform.
Strengthening the relationship under new EU CBAM-regulations is about building compliance capacity: reliable emissions reporting, certification of embedded carbon, and predictable access to EU markets for key industrial products.
Investment dialogue should prioritise sectors where Luxembourg-linked firms are active: agrifood, logistics, chemicals, and pharmaceuticals.
Interesting fact
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