Business news from Ukraine

GROYSMAN ANNOUNCES LAUNCH OF INVESTMENT SUPPORT OFFICE IN UKRAINE NEXT WEEK

30 September , 2016  

KYIV. Sept. 30 (Interfax-Ukraine) – Ukraine’s Prime Minister Volodymyr Groysman has announced that an investment support office will start working in Ukraine from next week.

“The United States has inspired us to establish an office for support of investment, which will start working next week,” he said during a meeting with U.S. Secretary of Commerce Penny Pritzker.

The office will be engaged in business support and provision of analytical information on the state of affairs in the business environment, he said. Groysman added that Ukraine has great potential for deepening cooperation with the U.S. in terms of investment. Creating a normal business climate is one of the government’s priorities, he said.

Groysman mentioned another large-scale project for the reform of the Ukrainian customs, which was developed jointly with the U.S., saying it is also much awaited.

In turn, Pritzker said that she welcomed the arrival of a new tranche disbursed by the International Monetary Fund and the U.S. financial support worth $1 billion in loan guarantees. She expressed hope that the Ukrainian government would continue efforts to improve the business climate in the country.