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Profile: Petro Poroshenko, Ukraine's Presidential Candidate, ‘Chocolate King’
LONDON — Ukraine's Petro Poroshenko, a self-made confectionery magnate worth an estimated $1.3 billion, has emerged as the front-runner in opinion polls leading up to Ukraine's presidential election scheduled for May. The surveys show the one-time foreign minister who has pledged to rescue Ukraine’s economy and face down Russia, well ahead of his main rival, former Prime Minister Yulia Tymoshenko.
Petro Poroshenko is known as the ‘Chocolate King’ in Ukraine, having built a fortune on confectionery. But he is no stranger to politics.
He was a regular speaker at Kyiv’s Independence Square at the height of the recent protests, denouncing corruption2 and calling for membership in the European Union. Orysia Lutsevych is at the London-based policy institute Chatham House.
“He became so popular during the recent protests because he was giving some kind of confidence in terms of his direct action, and also because he was not affiliated3 with the existing political parties,” said Lutsevych.
Poroshenko has received the backing of opposition4 leader and former boxer5 Vitaly Klitschko. In a recent interview, Poroshenko said he would build on Ukraine’s revolution.
“It was born, the new country," he said. "It was born the new people. But unfortunately it left old politicians and I tried to do my best that the politicians, the government, the authorities and the president be adequate to the new people from the revolution.”
Poroshenko played a big role in the Orange Revolution in 2004 alongside his now rival Yulia Tymoshenko - becoming foreign minister under the then President Viktor Yushchenko. He built his fortune on the back of his giant chocolate company, Roshen, alongside media and manufacturing interests. Observers say he is cultivating an image as a safe pair of hands.
“You can come here in a very safe, in a very nice country with a very experienced labor6 with a very effective cheap cost for creation of businesses and the only obstacle for doing that is the corruption," said Poroshenko. "That's why this is the top priority for the modernization7.”
His status as a self-made billionaire sets him apart from Ukraine’s other business elites8 - who are often seen as corrupt1, says Orysia Lutsevych of Chatham House.
“He has good understanding of the way international financial markets are working, and he is on a good term basis with a lot of Western politicians," said Lutsevych. "But also, he is somebody who understands Russia because he is doing a lot of his business with the confectionery and sugars in Russia.”
But Poroshenko’s relations with the Kremlin are poor, says Russia specialist Andrew Foxall of analyst9 group the Henry Jackson Society.
“His Roshen confectionery business was subject to trade sanctions and embargoes10 by the Russian government. The business lost an awful lot of money," he said. "He lost an awful lot of money. More recently, Poroshenko’s assets in Russia have been targeted.”
Petro Poroshenko has said he will never accept Russia’s forceful annexation11 of Crimea. Russia has deployed12 tens of thousands of troops along the Ukrainian border.
Whoever wins the May 25 election, victory will mark just the beginning of the daunting challenges that face Ukraine’s next leader
1 corrupt | |
v.贿赂,收买;adj.腐败的,贪污的 | |
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2 corruption | |
n.腐败,堕落,贪污 | |
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3 affiliated | |
adj. 附属的, 有关连的 | |
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4 opposition | |
n.反对,敌对 | |
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5 boxer | |
n.制箱者,拳击手 | |
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6 labor | |
n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
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7 modernization | |
n.现代化,现代化的事物 | |
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8 elites | |
精华( elite的名词复数 ); 精锐; 上层集团; (统称)掌权人物 | |
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9 analyst | |
n.分析家,化验员;心理分析学家 | |
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10 embargoes | |
贸易禁运令,禁运( embargo的名词复数 ) | |
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11 annexation | |
n.吞并,合并 | |
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12 deployed | |
(尤指军事行动)使展开( deploy的过去式和过去分词 ); 施展; 部署; 有效地利用 | |
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