The government has taken a step towards signing the European Union's "Single Market" Program for 4,2 billion euros

The government approved the draft order of the President of Ukraine "On the delegation of Ukraine for participation in negotiations with the European Commission regarding the conclusion of an Agreement between Ukraine and the EU as for Ukraine's participation in the EU program "Single Market" (2021-2027)". The corresponding decision was approved at the meeting of the Cabinet of Ministers of Ukraine  on January 17, 2023.

This document provides for the formation of a delegation of Ukraine for negotiations on the agreement of the text of the Agreement and its following  signing, as well as the approval of the Delegation's Directive.

The program should contribute to simplifying access to markets, creating a favorable business environment, promoting business development and growth, ensuring the competitiveness and stability of companies and entire sectors of the economy (a combination of ecosystems, clusters). It will help to develop an entrepreneurship environment, including mentoring schemes. Among other things, it is planned to participate in the European Enterprise Network (EEN), Erasmus for Young Entrepreneurs (EYE), joint cluster initiatives.

In particular, the funding of the program will be directed to:

enhancing the competitiveness and sustainability of small and medium-sized enterprises (SMEs) - financing is 24% of the total budget of the Program, approximately 1 billion euros, which will ensure the possibility of providing various forms of business support;

creation and dissemination of high-quality European statistics - funding is 13% of the total budget of the Program, approximately 546 million euros, which will allow Ukraine to participate in an expanded partnership aimed at developing new European statistics using multiple data sources, advanced data analysis methods, smart systems and digital technologies.

Reference source: http://bit.ly/3XGZR5V

 

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