Business news from Ukraine

FRANCE TO HELP UKRAINE WITH PRIVATIZATION – YATSENIUK

14 May , 2015  

KYIV. May 14 (Interfax) – France will send experts to Ukraine to help the country carry through privatizations, Ukrainian Prime Minister Arseniy Yatseniuk said after meeting with French Prime Minister Manuel Valls on Wednesday.

“The Ukrainian prime minister said that France would send experts to the Ukrainian State Property Fund ‘to ensure so that privatization in Ukraine is honest and transparent [and] suits real investors,'” a statement from the Ukrainian government quoted Yatseniuk as saying after the meeting, held in Paris.

According to Yatseniuk, French investors are willing to buy Ukrainian property that is going to be denationalized. France “is an investor the Ukrainian economy needs,” the Ukrainian prime minister said.

He said the French economy minister and agriculture minister are to visit Ukraine under an agreement between the two prime ministers.

“The two basic elements of economic cooperation between Ukraine and France are investment in energy and investment in the agrarian sector,” Yatseniuk said.