Serhiy Tokarev About Ukrainian IT projects as key to attracting investment

Serhiy Tokarev, an IT entrepreneur and co-founder of the investment group Roosh, in his article for Economic Pravda, emphasizes that Ukraine is setting itself the task of developing a transparent reservation system, exempting employees from mobilization, and organizing business travel processes for technical specialists. Currently, the border crossing is a major obstacle for the Ukrainian IT sector due to restrictions on personal communication with representatives of technology companies, which is important for investors. The COVID-19 pandemic and international travel restrictions have exacerbated the situation, making it impossible to hold product launches, close deals with new partners, and attend major technology events offline. This limitation significantly complicates the cooperation of Ukrainian companies with foreign partners and investors. Serhiy Tokarev says that video conferences, such as Zoom, are only able to partially replace personal communication and interaction with the international community, and that complicates the development of the Ukrainian IT market. Serhiy Tokarev notes that a significant part of foreign exchange earnings in Ukraine is provided by the activities of IT specialists. In fact, the IT sector is one of the main sources of foreign exchange earnings for the country, thanks to the export of IT services and products to global markets. This sector is also one of the most dynamically developing in Ukraine, attracting investment and contributing to economic growth. Ukrainians realize that the military conflict with Russia does not have a quick solution, and therefore they focus their efforts on earning money to support the country's defense. Economic stability and sufficient financial resources become necessary for the acquisition of weapons and military operations to counter aggression. To ensure the effective functioning of the IT sector and the mobilization of resources for the country's defense, it is extremely important to develop and implement transparent legal mechanisms that will protect employees from unexpected mobilization and ensure the organization of safe business trips. This contributes to the sustainability of the economy and maintaining a high level of state defense readiness.