The new regional development strategy will encourage the use of internal capacity of each region.
The Economic Development and Trade Ministry worked out and presented the State Regional Development Strategy till 2020 - the basic document, which, together with other strategic documents, creates an effective basis for the further implementation of political, administrative and socio-economic reforms.

This was stated by economic development and trade minister of Ukraine Ihor Prasolov on July 26 at a meeting of the Interagency Coordinating Committee on Regional Development, which reviewed the draft Strategy.

According to the minister, the President instructed the Government of Ukraine to introduce a new regional policy based on the new format of relations with the regional center, the basis of which is the growth of the initiative and responsibility of government at all levels. This mechanism, on the one hand, should encourage the use of the internal potential of each region, and on the other - to ensure the spread of the economically powerful centers in all the regions. Thus it will be possible to minimize the negative effects of problem areas.

Head of Operations of the EU Delegation to Ukraine Andrew Rasbash welcomed the positive work of the Economic Development and Trade Ministry with the EU institutions.

"The strategy, which is currently developed, including with our participation, is certainly a step forward. It meets the objectives of the EU regional policy," he said.

The meeting participants identified the next steps in the work in order to fully prepare the strategy for submission to the Government for approval.

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