Editing Economy of Ukraine (section)

====Foreign direct investment====
To encourage foreign trade and investment, the Ukrainian parliament approved a [[foreign direct investment|foreign investment]] law allowing foreigners to purchase businesses and property, to repatriate revenue and profits, and to receive compensation if the property is nationalised by a future government. Complex laws and regulations, poor [[corporate governance]], weak enforcement of contract law by courts, and corruption, continued to prevent direct large-scale foreign investment in Ukraine. There is a functioning [[stock market]], but portfolio investment activities have been restricted by a historic lack of protection of shareholders' rights.{{citation needed|date=December 2023}}

As of April 2011, total foreign direct investment stock in Ukraine stood at $44.7 billion.<ref>{{Cite web|url=http://www.ukrstat.gov.ua/operativ/operativ2007/zd/zd_rik/zd_u/pi_07u.html|script-title=uk:Прямі інвестиції|trans-title=Direct investment|language=uk|website=www.ukrstat.gov.ua}}</ref> Statistics from [[FDi Intelligence|FDi Magazine]] show that Ukraine suffered a year on year decline in foreign direct investment between 2010 and 2013.<ref>{{cite news|url=http://www.fdiintelligence.com/Trend-Tracker/Ukraine-suffers-year-on-year-FDI-decline | work=fDiIntelligence.com | title=Ukraine suffers year-on-year FDI decline|date=13 August 2013}}</ref>

State enterprise [[InvestUkraine]] was created<ref>{{Cite web|url=http://zakon.nau.ua/doc/?uid=1041.36214.0|script-title=uk:Про утворення державного підприємства "Інвест Україна"|trans-title=About the formation of the state enterprise "Invest Ukraine"|language=uk|archive-url=https://web.archive.org/web/20111006023544/http://zakon.nau.ua/doc/?uid=1041.36214.0|archive-date=6 October 2011}}</ref> under the [[State Agency for Investment and National Projects]] (''National Projects'')<ref>{{Cite web|url=http://zakon.rada.gov.ua/cgi-bin/laws/main.cgi?nreg=570-2010-%EF|script-title = uk:Всі документи бази даних "Законодавство України" (станом на 22 травня 2021 р.) / Законодавство України|trans-title=All documents of the "Legislation of Ukraine" database (as of May 22, 2021) / Legislation of Ukraine|language=uk | work=Офіційний вебпортал парламенту України }}</ref> to serve as a [[One-stop shop|one-stop stop]] for investors and to deliver investment consulting services.

Ukraine signed a [[shale gas]] [[Natural gas in Ukraine|exploration deal]] with [[Shell plc|Royal Dutch Shell]] on 25 January 2013.<ref name=SGBigdealUS/> The $10 billion deal was the largest foreign direct investment ever for Ukraine.<ref name=SGBigdealUS>{{cite web|url=https://www.reuters.com/article/us-shale-ukraine-idUSBRE90N0N620130124|title=Ukraine set to sign landmark $10 billion shale gas deal with Shell|publisher=[[Reuters]]|date=24 January 2013}}</ref><ref>{{cite web|url=http://www.euronews.com/2013/01/25/shell-for-shale-ukraine-signs-major-deal/|title=Shell for shale: Ukraine signs major deal|url-status=dead|archive-url=https://web.archive.org/web/20201028005601/https://www.euronews.com/2013/01/25/shell-for-shale-ukraine-signs-major-deal |archive-date=28 October 2020|publisher=[[Euronews]]|date=25 January 2013}}</ref><ref>{{cite web|url=https://www.reuters.com/article/shale-ukraine-idUSL6N0ATER320130124|title=UPDATE 1-Ukraine signs landmark $10 bln shale gas deal with Shell|publisher=[[Reuters]]|date=24 January 2013}}</ref>

Many companies, owned by foreigners, have been successfully operating in Ukraine since its independence. These include companies in agriculture, such as [[Kyiv-Atlantic Group]], founded in 1994 by David Sweere. He sold its business in Minnesota and invested in Ukraine, believing in its huge potential. The company has been operating at a profit since 2002. As a result, he became the fifth richest among the Westerners who made their fortune in Ukraine.<ref name="KyiMost">{{cite news |title=Most Successful Expats |url=http://www.kyivpost.com//data/files/01.jpg/ |access-date=4 August 2013 |work=[[Kyiv Post]] |archive-url=https://web.archive.org/web/20130627224211/http://www.kyivpost.com//data/files/01.jpg |archive-date=27 June 2013}}</ref>

In 2016, foreign direct investment in Ukraine's economy amounted to $3.8&nbsp;billion in 2016, which was almost twice more than in 2015.<ref name="USNon">{{cite web |title=Foreign investment in Ukraine in 2016 estimated at $3.8 bln Foreign investment in Ukraine in 2016 estimated at $3.8 bln |url=http://www.usndt.com.ua/industry.htm |publisher=Ukrainian Society for Non-Destructive Testing |archive-url=https://web.archive.org/web/20101231025730/http://www.usndt.com.ua/industry.htm |archive-date=31 December 2010 |date=23 January 2017}}</ref>