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You're reading: Damon Wilson: Ukraine’s economy suffers from ‘widespread, top-down corruption’

Madam Chairman, Ranking Member, Members of the Committee, I am honored to
speak before your committee on the situation in Ukraine.

Ukrainian democrats and their supporters share a vision of an independent, sovereign
Ukraine with strong democratic institutions, rule of law, and a prosperous free market,
embedded in Europe, a partner of the United States, and at peace with Russia.

Yet 20 years after independence, Ukraine’s young democracy, cultural identity, and
weak institutions face political manipulation and its fragile economy is subject to massive
distortions from widespread, top-down corruption. In short, Ukraine’s sovereignty is not
guaranteed, its democracy is not inevitable, and its market is not free.

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