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Ukraine improved in terms of comfortable environment for foreign investors

01 Feb, 2022
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Ukraine improved in terms of comfortable environment for foreign investors

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Ukraine has made significant progress in implementing reforms that promote European and Euro-Atlantic integration paths. This was stated by Prime Minister Denys Shmyhal during a meeting with heads of foreign diplomatic missions and international organisations accredited in Kyiv.


The event took place on January 28 with the participation of President of Ukraine Volodymyr Zelensky, Verkhovna Rada Speaker Ruslan Stefanchuk, Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna, Foreign Minister Dmytro Kuleba and Defense Minister Oleksii Reznikov.

The Head of Government noted that last year Ukraine had launched an agricultural land market and unlocked large-scale privatisation. In particular, revenues from privatisation in 2021 amounted to a record of UAH 5.1 billion over the last decade.

According to the Prime Minister, one of the unconditional priority reforms for the state is to create a comfortable environment for foreign investors and businesses in Ukraine.

We are working hard to create a competitive and attractive investment policy of the country with transparent business conditions and high social standards. We are striving to increase investments in Ukraine, so the protection of property rights and protection of investors' rights is among the principal objectives of the Government.

Denys Shmyhal. Prime Minister of Ukraine

Moreover, the Prime Minister stressed on the priority of reforming Ukraine's judicial system. He noted that the Parliament of Ukraine had adopted two key laws that provide for completely new mechanisms for the formation of the High Council of Justice and the selection of candidates for the High Qualifications Commission of Judges.

To wind up, Denys Shmyhal thanked Ukraine's international partners for providing political, military and economic support in countering Russian aggression.


The Odessa Journal

The Odessa Journal

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