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Cabinet of Ministers Intends to Establish a Beneficial Investing Climate in Ukraine

February 14, 2008

The Cabinet of Ministers of Ukraine prioritized the establishment of a beneficial investing climate in Ukraine. It was announced by the first Vice Prime Minister of Ukraine Aleksandr Turchinov at a meeting with UniCredit Banking Group representatives.

According to the press service of the first Vice Prime Minister of Ukraine, Mr. Turchinov noted that “in the framework of this task, corruption and detention of economy will be combated.” He also stressed that transparent privatization of state property aimed at keeping with nationwide interests is one of the most important tools to provide efficiency of the economy.

In their turn, the Italians noted that Ukraine has become a lot closer to high European standards in the development of economy. At that, UniCredit representatives stated that they were hoping for continuous cooperation with Ukraine in the investment field.

Tags: investing climate