November 11, 2011 Ukraine’s Economy – One of The World’s Most Promising November 3, 2011 Largest Solar Plant in Central and Eastern Europe Opens in Ukraine


	2011 November October September August July June May April March February January 2010 2009 2008 2007 1996



	Featured Stories Ukraine’s Economy – One of The World’s Most Promising Largest Solar Plant in Central and Eastern Europe Opens in Ukraine EBRD continues to support the Ukrainian grain sector development



	Featured Photos Lviv Arena Chrysanthemums in Kyiv Major EURO-2012 Arena - Olympiysky



	Featured Videos Lviv Arena Chrysanthemums in Kyiv Brothers Klitschko



	Tags investment Ukraine steel industry economy Kuwait shipping Crimea vacation politics trade services real estate partnership UAE grain FDI agriculture diplomatic relations industry export EBRD lending IMF cooperation Qatar grain quotas Energy Community tourism WTO niter cargo grain export reforms taxation Jordan Libya grain harvest oil gas NAK Naftogas visa car industry transportation wheat other Saudi Arabia stock market barley weapon gas transport system education import Bahrain Euro-2012 sugar industry World Economic Forum aircraft building metallurgy oil industry Syria carbamide natural gas insurance investing climate vehicles air transport Koran conference winter crops turnover banking sector building sector precious metals jewelry rye land market grain market Communications Market infrastructure election livestock World Bank finance metal soybean coal industry sunseed sunoil mining industry alternative energy Oman cast iron Odessa money nuclear energy Swallow's Nest harvest Kamianets-Podilskiy Fitch credit ratings Kazantip Sofia Park nature Pyrohovo museum Koktebel festival coal Lviv sonflower oil grain sector renewable energy

Ukraine’s Economy – One of The World’s Most Promising

November 11, 2011

Ukraine was named one of the world’s five most promising economies by the member of the U.S. House of Representatives Michael Grimm. The congressman made this statement on November 7, 2011, while speaking at the investment conference “Ukraine: The Best Investment Opportunities” in New York. The republican politician noted that the growth of the GDP of Ukraine is steady and faster than that of the US and the EU.

According to American politician, the upcoming Free Trade Agreement with the EU is an important contributing factor to the advantages investment in Ukraine may bring. Michael Grimm reminded that the expected growth of Ukraine’s GDP in 2011 is set at the solid 5.1 percent.

The republican Michael Grimm believes that the energy industry of Ukraine, its agriculture, as well as tourism and infrastructure may offer a sound base for any future partnership. According to the U.S. Congressman, Ukraine’s gas resources provide an opportunity to alleviate the world’s dependency on oil and give Ukraine a chance to become one of the top players in, say, a decade.

Michael Grimm listed Ukraine as a country with one of the most progressive economies along with China, India, and Singapore. He considers that the US needs to pay closer attention to Ukraine as there is plenty of potential for cooperation. The partnership between the two countries would only be a natural development, said Congressman Grimm. He mentioned that “there are benefits to deepening our economic ties. With Europe poised to enact a historic Free Trade Agreement with Ukraine, we don’t want to be left behind.”

The investment conference “Ukraine: The Best Investment Opportunities”takes place in the United States on November 7-10, 2011. The State Agency for Investment and National Projects of Ukraine is holding similar events in 16 world financial centers.

source: wnu-ukraine.com

Tags: economy