Business news from Ukraine

POROSHENKO INVITES U.S. COMPANIES TO JOIN NATIONAL INVESTMENT COUNCIL

30 September , 2016  

KYIV. Sept 30 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko has expressed appreciation to the United States for the decision on loan guarantees and invited U.S. companies to join the National Investment Council.

“The last decision on granting loan guarantees from the U.S. government is the recognition of our achievements, as well as the decision of the International Monetary Fund to issue the next tranche to us,” Poroshenko said at a meeting with U.S. Secretary of Commerce Penny Pritzker and U.S. business representatives in Kyiv.

He also welcomes the plans of the leading U.S. Corporations such as Cargill, Bunge, General Electric to increase their investment in Ukraine and invited the U.S. companies to join the National Investment Council.

Pritzker, in turn, speaking about the third visit to Ukraine over two years, noted the great efforts and potential of Ukraine in carrying out reforms.

“Having started key economic reforms two years ago, your country has continued the implementation of the crucial IMF program for securing financial aid not only from the IMF, but also from the United States. You have created institutions to ensure the rule of law and struggle against corruption. You have improved public procurement and ensured transparent asset declaration of civil servants,” she said.