Creating a favorable investment climate in Ukraine requires the joint efforts of all stakeholders


Creating a favorable investment climate in Ukraine requires the joint efforts of all stakeholders

Executive Director of UkraineInvest Sergiy Tsivkach and Secretary of the National Investment Council of Ukraine Levan Varshalomidze met with the International Council of Business Associations and Chambers in Ukraine (ICBAC) to discuss the business climate in Ukraine, processes of both positive and negative nature influencing it, and steps that need to be taken by the Ukrainian authorities.


The matters in public procurement, renewable energy, tax, and deep processing market were among the topics discussed. The participants of the meeting also touched upon the high importance of the rule of law and defined the issue of building trust as one of the key tasks for Ukraine to be perceived by the world as a reliable partner to make business with.
Mr. Varshalomidze stressed that the government is committed to maintaining effective communication with the business community, while ICBAC expressed its willingness to provide experts from among its members to work on the essential matters aimed at improving Ukraine’s business climate.


The participants agreed to have a hands-on business-oriented approach in further cooperation.


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