IFC, a member of the World Bank Group, signed a Memorandum of Understanding with Ukraine's Agrarian Policy Ministry that envisages joint work on sector reforms, including identifying the proper institutional approach to improve the irrigation and drainage systems.

The country intends to commission at least 2,400 megawatts of renewable energy capacities together with strategic investors.

Plans are expected to create capacities for the production of import-substituting products in the amount of $376 million and the export of goods for $84 million as well as creating 9,000 jobs.

FDI declined to $234.2 million in the second quarter of this year, down from $240.3 million in the same quarter of 2020, but up from $125.4 million in the first quarter of 2021.

Commentators injected a note of scepticism into the process, saying part of the problem lay with Ukraine’s failure to uphold and guarantee property rights.

Having started this journey 10 years ago, he was at the forefront of bringing innovation and technology to online education in Russia.

The Central Asian country has been carrying out reforms in its energy sector to modernise ageing infrastructure and implement energy-efficient technologies, as well as to develop clean energy.