Toward a More Competitive Economy in Ukraine.

Economic Growth and Trade | Business Enabling Environment | Entrepreneurship and Enterprise Development | Trade and Regulatory Reform

Europe and Eurasia

Competitive Economy Program

Project Dates: October 2018 - October 2023

Through a broad-based economy and the ability to compete in international markets, Ukraine is on a path to increased economic power and political independence.

Political developments since the Maidan “Revolution of Dignity” give Ukraine the opportunity to create an open and competitive economy that can sustain growth over time, withstand systemic shocks, and provide economic opportunities to all Ukrainians. The USAID Competitive Economy Program (CEP) promotes a strong, diverse, and open economy by enhancing the business environment for small and medium enterprises (SMEs), improving competitiveness in key industries, and enabling Ukraine to benefit from free trade agreements. The project works to increase market opportunities and competition, thereby catalyzing broad-based economic growth.

Project Goals

Introduce SME friendly-business laws and regulations
Increase SME sales in domestic, regional, and global markets
Create new jobs in selected industries
Encourage new investments in start-ups or business expansion

Improving Competitiveness of Furniture Manufacturers in Ukraine

A grant from the Competitive Economy Program allowed Ukrainian furniture manufacturer in Bila Tserkva — who was forced to relocate due to the ongoing conflict — to increase independence and improve cost efficiency.

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