Business news from Ukraine

PRESIDENT OF UKRAINE INSTRUCTS TO ERADICATE CORRUPTION IN ARCHITECTURE AND CONSTRUCTION

President of Ukraine Volodymyr Zelensky has instructed to eradicate total corruption in the field of state architectural and construction control and urban planning by the end of 2019, a president’s press service reported. Zelensky set the appropriate task to Minister of Development of Communities and Territories Olena Babak during a meeting with the leadership of the Verkhovna Rada and the Cabinet of Ministers in the President’s Office.
The head of state noted the need to switch rendering of the administrative services in construction to an electronic format and introduce automatic registration in the register of approval documents.
As the President’s Office reported, Zelensky commissioned Minister of Justice of Ukraine Denys Maliuska to change the software of real estate and business registers to stop unauthorized access. Besides, by the end of June 2020, Maliuska must ensure the formation of the legislative framework for the operation of an electronic notarial system.

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UKRAINIAN PRESIDENT APPOINTS AMERICAN LAWYER AS ADVISER

Ukrainian President Volodymyr Zelensky has appointed Andrew Mac, the head of Ukrainian law firm Asters office in Washington, as his non-staff adviser (by consent). The head of state signed relevant decree on November 5, according to the president’s press service.
Andrew Mac specializes in cross-border transactions involving the U.S., Ukraine and CIS entities being an expert in mergers and acquisitions, corporate and competition law, corporate compliance, Foreign Corrupt Practices Act (FCPA) and Bribery Act, capital markets and state regulations.
He has deep hands-on experience in coordinating complex cross-border disputes, as well as in advising Ukrainian and CIS businesses in their U.S. partner interactions.
Andrew Mac is a licensed advocate both in Ukraine and the United States. He is a member of American Bar Association and Ukrainian-American Bar Association.
Asters was founded in 1995 as Shevchenko Didkovskiy and Partners and renamed to Asters during rebranded in 2008.
In 2010, Kyiv Post recognized Andrew Mac one of the most influential foreigners in Ukraine.

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PRESIDENT OF UKRAINE PROMISES TAX REFORM

Tax reform in Ukraine will start in 2021, Ukrainian President Volodymyr Zelensky has said during the RE:THINK. Invest in Ukraine investment forum in Mariupol.
“We will carry out a serious tax reform, which will begin in 2021,” he said.

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PRESIDENT OF BELARUS SUGGESTS UKRAINE TO CO-HOST OLYMPIC GAMES

President of Belarus Alexander Lukashenko believes that Ukraine and Belarus may jointly apply for hosting the Olympic Games in the future.
“The President of Ukraine offers us to think together about whether we can even apply for hosting the Olympic Games. We can do it, two countries can,” he said, speaking at the Second Forum of Regions of Ukraine and Belarus in Zhytomyr on Friday.

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PRESIDENT OF UKRAINE ISSUES DECREE ON GOALS OF SUSTAINABLE DEVELOPMENT UNTIL 2030

President of Ukraine Volodymyr Zelensky has ruled to ensure compliance with 17 goals of sustainable development of Ukraine for the period until 2030.
According to decree No. 722/2019, posted on the presidential website on Monday, this document is aimed at ensuring the national interests of Ukraine in the sustainable development of the economy, the civil society and the state in order to achieve an increase in the level and quality of life of the population, observe the constitutional rights and freedoms of man and citizen.
Thus, Zelensky, supporting the global goals of sustainable development until 2030 and the results of their adaptation, taking into account the specifics of Ukraine’s development, as set out in the national report “Sustainable Development Goals of Ukraine” proclaimed by resolution No. 70/1 of the United Nations General Assembly on September 25, 2015, ruled to ensure compliance with the goals and also listed 17 such goals.

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UKRAINIAN PRESIDENT DISCUSSES PROSPECTS OF BOOSTING INVESTMENT BY UBER WITH UBER CEO

Ukrainian President Volodymyr Zelensky met Uber Technologies Inc. CEO Dara Khosrowshahi on the sidelines of the 74th session of the UN General Assembly in New York and discussed the prospects of increasing capital investment of the company in Ukraine with him.
“During the meeting, the parties discussed a number of issues regarding Uber’s activities in Ukraine, as well as the prospects of increasing the company’s investments in our country,” the press service of the head of state reported.
Zelensky informed Khosrowshahi of the implementation of the reform policy aimed at improving the business climate in Ukraine and creating favorable conditions for attracting foreign investments.
In addition, the use of environment friendly vehicles in Ukraine by Uber was discussed during the meeting.

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