Business news from Ukraine

HEAD OF EU DELEGATION TO UKRAINE SAYS RULE OF LAW, COMBATING CORRUPTION ARE MAIN PRIORITIES FOR UKRAINE

25 February , 2020  

The main priorities for the Ukrainian government are establishment of the rule of law and combating corruption, Head of the EU Delegation to Ukraine Matti Maasikas said. During a “Reform Forum: On the Way to Vilnius”, he said many challenges are ahead, but the rule of law, its establishment and combating corruption will remain priority ones.
The diplomat stressed that after lustration of the bank sector further efforts to restore confidence in the financial sector are needed.
“Many reforms are still ongoing. Land reform, labor market reform, education reform. If implemented, they will make Ukraine a much more efficient country,” he said.
Among the achievements of the reforms in Ukraine, Maasikas mentioned that the macroeconomic situation has stabilized, the banking sector has been largely purified, the Naftogaz Ukrainy has been unbundled, and the government is improving access to various services for citizens.
The EU Ambassador stated that the EU was ready to support the government and people of Ukraine, and is ready to accompany the process of implementation of the Association Agreement and the agreement on the Deep and Comprehensive Free Trade Area between Ukraine and the EU.