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Privatization: News

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About Privatization

Ukraine's privatization program aims to transfer state-owned enterprises to private ownership to improve the economy's competitiveness. Ukraine’s State Property Fund manages auctions for state assets ranging from small businesses to large industrial facilities, with proceeds designated for defense and reconstruction needs. Ukraine suspended privatization of strategic enterprises in March 2022 following Russia's full-scale invasion, but resumed limited sales of non-critical assets in 2023.

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Belarusian dictator Alexander Lukashenko has worked his way out of Western isolation before. Now, he seems to be launching yet another attempt. U.S. President Donald Trump on Sept. 21 announced a "massive" potash deal with Belarus, and only days later, Polish Foreign Minister Radoslaw Sikorski held talks with his Belarusian counterpart in the first ministerial meeting in seven years. Belarus has faced international isolation since the heavily disputed 2020 presidential elections, which Lukashe

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