Business news from Ukraine

UKRAINE HOPES FOR KAZAKH BUSINESSMEN’S PARTICIPATION IN PRIVATIZATION OF UKRAINIAN ENTERPRISES

9 October , 2015  

ASTANA. Oct 9 (Interfax-Ukraine) – Kazakh businessmen may take part in the privatization of Ukrainian enterprises, Ukrainian Deputy Prime Minister and Regional Development, Construction and Utilities Minister Hennadiy Zubko said.

“Our task today is to create a Ukrainian-Kazakh business council, which should provide specific help and handle issues relating to the business of Ukrainian companies in Kazakhstan and Kazakh enterprises,” Zubko told a Kazakh-Ukrainian business forum in Astana on Friday.

He said that “Ukrainian business clearly understands what needs to be done and how to develop in Kazakhstan.”

“In the same way, we want to see Kazakh companies in the privatization of Ukrainian enterprises. Because the reforms in the two countries are going virtually simultaneously. For this reason, we would like to move in the direction of increasing our countries’ economies while supporting each other,” Zubko said.

Zubko said the arrival of Ukrainian President Petro Poroshenko in Kazakhstan and a meeting of businessmen at an economic business forum will help restart the relations between the two countries.