Australian news, and some related international items

Ukraine Reform Conference – name changed to Ukraine Recovery Conference – to hide the reality of Ukraine’s endemic corruption.

Ukraine’s endemic corruption problems are suddenly forgotten as hungry Western investors smell ‘reconstruction’ profits,

The flagship “Ukraine Reform Conference” is suddenly rebranded to suit current needs. Rt. 6 July 22,

Rachel Marsden is a columnist, political strategist, and host of independently produced talk-shows in French and English.

The annual Ukraine Reform Conference has, since 2017, brought together Western officials and their local ‘civil society’ foot soldiers to discuss ways that Ukraine can reduce its rampant corruption. But this year, before getting underway this week in Lugano, Switzerland, it underwent a name change to the Ukraine Recovery Conference

Perhaps drawing attention to the existence of the country’s endemic corruption isn’t convenient for those looking to avoid heavy criminal penalties set up to explicitly prevent investment that fuels corruption?

Simply changing the marketing of the conference does nothing to alter the reality. If anything, it’s counterproductive for Ukraine itself and serves to enable and perpetuate serious systemic problems that prevent the country from progressing.

“The authorities are delaying the fulfillment of many important anti-corruption promises,” according to Andrey Borovik, executive director of the Ukraine office of Transparency International, an organization funded by Western governments and multinationals. As for Ukrainian President Volodymyr Zelensky, “corruption just doesn’t seem to worry Mr. Zelensky much – at least when those implicated are close to him,” claimed Kyiv Independent (another Western funded outfit) editor Olga Rudenko in a guest piece for the New York Times in February, right before the Russian military operation started. 

Not exactly the kind of guy you’d want overseeing massive investment projects, one would think.

These days, tackling corruption is taking a rhetorical backseat to the Western push to frame Ukraine as just your typical European country. “For the last two years, we have been discussing large European values, mostly a theoretical debate,” Slovenian Prime Minister Janez Jansa has said. “Then, suddenly, we realised that those fundamental European values actually exist. And that they are threatened. And that Europeans are defending them. With their lives. In Ukraine.” 

Despite acknowledging that Ukraine would have to enact “a number of important reforms,” EU Commission President Ursula von der Leyen said that “Ukraine has clearly shown commitment to live up to European values and standards. And embarked, before the war, on its way towards the EU.” In reality, the only thing that has actually changed is that Western officials saw an opening to exploit current public sympathy, if not ignorance, to gain acceptance for an idea that normally would be a much tougher sell to the average EU citizen. That is, the notion that Ukraine would be a net benefit to the bloc rather than an Achilles heel rife with problems that has no business being included in a zone that allows for free movement of people and goods among member states. 

…………….. the head of Interpol, Jurgen Stock, has warned EU nations in particular that “the wide availability of weapons during the current conflict will lead to the proliferation of illicit weapons in the post-conflict phase.”

Neglecting to place Ukraine’s corruption problem uncompromisingly front and center in order to better peddle the premature public narrative of the need for investment under the guise of ‘reconstruction’ represents a threat to the EU – and one that Western officials are only too happy to facilitate, apparently. One has to wonder why that is. 

It’s hardly a secret that Western nations have historically leveraged foreign aid to gain economic and political footholds within other countries, either through state-backed programs, civil society funding, or corporate opportunities. But there’s also another catch. Current Western laws such as the Foreign Corrupt Practices Act (FCPA) in the US, the UK Bribery Act, or the Loi Sapin II in France all create an obligation for any entity or individual investing in foreign countries to ensure a corruption-free transaction. If Western investment in Ukrainian reconstruction ends up in the wrong hands, then board members, employees, and managers could all end up facing criminal charges with penalties of prison.

………………………. Western entities have an economic interest in portraying Ukraine as a safe place to invest. Otherwise, they’re easy pickings for the authorities of other foreign countries who might choose to use corrupt investment dealings in Ukraine as a means of taking a competitor off the playing field.

…………………… to get the green light, and to convince the average taxpayer to accept funding the risk, everyone has to make the venture sound benevolent – hence the Marshall Plan comparisons – and reduce any references to corruption to a minor detail.


July 9, 2022 - Posted by | Uncategorized

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