The Chairwoman of ILI explained the conditions under which effective screening of foreign investments is possible

The Head of the Institute of Legislative Ideas explained the conditions under which effective screening of foreign investments is possible.

For investment screening to work, it must be clear for investors and useful for the state. This was the core message of The Horizon of Investment Screening in Ukraine, hosted by USUBC in partnership with CIPE and the CELIS Institute.

Tetiana Khutor, Chairwoman of ILI, emphasized a core principle during the event: foreign investment screening will only work if it provides investors with clear rules of the game – simple, accessible, and reliable. Because effective screening is impossible without investment itself and a genuine willingness to invest in Ukraine’s economy.

At the same time, Draft Law No. 14062 does not address existing investments, including those linked to the aggressor state. This creates gaps in the security framework and uneven rules for investors. One practical option is to resolve this through transitional provisions.

ILI’s recommendations to make screening both secure and investor-friendly:
•    investors should clearly understand which documents to submit and to which responsible authority;
•    clear timelines and exhaustive approval criteria to reduce subjectivity;
•    defined investor rights and appeal mechanisms so decisions are predictable, not discretionary;
•    a list of screening sectors aligned with EU approaches.

ILI has already prepared concrete proposals on regulating existing investments and is ready to continue contributing to expert consultations and refining the model – so that it strengthens economic security while improving Ukraine’s investment attractiveness.