**Ukraine‘s Message to Europe**
Last week, Ukrainian President Volodymyr Zelensky spoke at the World Economic Forum in Davos, Switzerland. He said that Ukraine is a chance for Europe to become stronger and more independent.
Zelensky is right. If Europe invests in Ukraine’s potential, it can be strong economically, technologically, and geopolitically. Ukraine has a large and experienced military, advanced drone technology, and a defense industry that can quickly produce high-quality goods at low cost.
**Ukraine’s Benefits for Europe**
Europe needs to strengthen its military capabilities and revitalize its defense industry. Ukraine can help with this. The country also has some of the world’s largest deposits of critical raw materials, which are needed for the green energy transition.
Ukraine’s agricultural sector is robust, which can help address global food insecurity. And the country’s tech sector is strong, with a deep pool of talent and entrepreneurial attitudes.
**Grit and Ambition**
What Europe needs most from Ukraine is grit and ambition. The region should act like it’s strong, not weak. Despite recent challenges, Europe remains the richest and most economically advanced region in the world outside the United States.
In fact, Europe has a long history of triumph, not decline. Since the fall of the Soviet Union, the European Union has doubled in size and successfully integrated many new states.
**Practical Actions**
The messages from Ukraine seemed to resonate with leaders and investors at Davos. However, it remains to be seen if they will translate into practical actions.
I’m optimistic that Europe will take responsibility for its own security, including Ukraine’s. This could lead to increased foreign investment in Ukraine’s military capabilities and defense industry.
**Investing in Ukraine**
Some people are skeptical about investing in Ukraine while the war continues. However, this skepticism is overblown. Ukraine is one of the fastest-growing economies in Europe, even as it fights for its existence.
The end of the war, along with Ukraine’s future accession to the EU, represents additional opportunities for growth – not prerequisites for investment.
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