Lovochkin has worked in administration of President Leonid Kuchma (1999-2004) where he led Group of advisors and economy reforming staff.

[6] This effort supported the pro-Russia administration of then President of Ukraine Viktor Yanukovych and his Party of Regions, especially during the parliamentary elections in the fall of 2012.

[7][8] On 1 February 2013, Lovochkin and his business associate Dmytro Vasylovych Firtash,[9] a Ukrainian natural gas magnate,[b] purchased Ukraine's Inter Media Group which owns the Ukrainian News and Inter television network, one of the most watched television channels in Ukraine.

In September 2014, Paul Manafort traveled to Ukraine and supported the creation of a new Ukrainian political party Opposition Bloc.

[11][12] In the 2014 Ukrainian parliamentary election on 26 October, Lovochkin was re-elected into parliament placed 12th on the electoral list of Opposition Bloc.

[13][14][15] Lovochkin stated in October 2014 that Crimea was annexed by Russia in March 2014 because Russian President Vladimir "Putin was betrayed by our irresponsible leaders too many times, until he stopped taking Ukraine seriously".

At this time, the institute is focusing on such areas as reforms in Ukraine, environmental and humanitarian issues, Minsk peace reestablishment process.

He defended his thesis on the topics “National Debt of the United States of America" (1997) and “Macro-financial Stabilization in the Context of Economic Growth in Ukraine" (2004).