Negotiations were held with the expert of the EU program “Mayors for Economic Growth”

On February 08, 2018, at the International Information and Contact Center of the name of the Lithuanian Prince Vytautas, acting in the office of thepublic utility “Kremenchuk Center for International Relations and Economic Development of the city “Kremenchuk Invest”, negotiations with the expert of the European Union program “Mayors for Economic Growth” Mr. Pavel Kasyanov.

Launched on 26 October 2016 during a high-level conference in Yerevan, Mayors for Economic Growth (M4EG) is a new EU initiative targeting local authorities throughout the Eastern Partnership (EaP) countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. M4EG’s focus is on sustainable local economic development (LED). Its ambition is to support Mayors and municipalities at local levels to become active facilitators for economic growth and job creation by developing their capacities and technical skills and working in partnership with their private sector and civil society

Sustainable local economic development is the process by which local authorities work with partners (the private sector, public organizations and CSOs) to improve local business environments and thus create the conditions for private-sector-led economic growth and employment generation from which all communities, locally and nationally, benefit. This economic growth must, however, be both environmentally and socially sustainable. Municipalities will be invited to design or adapt existing local economic plans according to the principles of good governance and public-private sector dialogue, to identify practical actions to be taken, and eventually to propose projects that support growth, development and employment. During this process, the local administrations of municipalities and cities will seek to become more transparent, more inclusive, and more business-friendly.

Sustainable local economic development is the process by which local authorities work with partners (the private sector, public organizations and CSOs) to improve local business environments and thus create the conditions for private-sector-led economic growth and employment generation from which all communities, locally and nationally, benefit. This economic growth must, however, be both environmentally and socially sustainable. Municipalities will be invited to design or adapt existing local economic plans according to the principles of good governance and public-private sector dialogue, to identify practical actions to be taken, and eventually to propose projects that support growth, development and employment. During this process, the local administrations of municipalities and cities will seek to become more transparent, more inclusive, and more business-friendly. This initiative is partly inspired by the successful Covenant of Mayors, an urban climate and energy initiative bringing together local, regional and national authorities voluntarily committed to implementing the EU’s climate and energy objectives. Thanks to its voluntary nature, participatory approach and clear objectives, the Covenant of Mayors has proved very successful in the Eastern Partnership region.

From the Kremenchuk city, the meeting was attended by the Head of the Economy Department of the City Executive Committee Mr. Mykola Zdoyma, Director of the PU Kremenchuk Center for International Relations and Economic Development of the Kremenchuk Invest Mr. Andriy Melnyk, Deputy Director  Mr. Pavel Bedratsky and adviser on issues of development of “Kremenchuk Invest” Mr. Oleksandr Bibik.

The parties discussed the urgent tasks necessary for joining this initiative. Mr. Melnyk briefed Mr. Kasyanov on the work of the Kremenchuk authorities in the framework of the city’s development and promotion, and also described the successful practices and tasks facing the economic bloc of the city council executive committee. Mr. Melnyk also introduced the guest to the work of the company and the recently opened International Information and Contact Center named after the Lithuanian Prince Vytautas.

Summing up the meeting, Mr. Kasyanov noted that Kremenchuk, in his opinion, is sufficiently prepared for successful participation in this program.