Business Community Meeting with President of Ukraine

On March 12, 400 representatives of Ukraine’s business community from 3 business associations – American Chamber of Commerce in Ukraine, European Business Association, and Ukrainian Entrepreneurs Union – met with President of Ukraine Petro Poroshenko, Prime Minister of Ukraine Volodymyr Groysman and Ukrainian state authorities. The meeting was devoted to discussion of reforms progress, recent legislative initiatives on exit capital tax, and Draft Law “On Currency”.

At the beginning of the meeting, President Petro Poroshenko signed the recently adopted Law of Ukraine "On Limited Liability Companies". Also, the President of Ukraine quoted the interactive survey conducted by the American Chamber of Commerce in Ukraine during its Annual Members Appreciation Reception in February, according to which almost 64% of attendees felt growth of their business in Ukraine in 2017, and almost 83% are planning to expand their business in Ukraine in 2018.

Prime Minister Volodymyr Groysman stressed on the importance of Ukraine's economic growth and progress in Doing Business rating, highlighted the necessity of investments’ protection, de-shadowing and demonopolization of the Ukrainian economy, as well as necessity of adopting the package of Draft Laws that are of the top-priority for enhancing economic growth and development.

President of the American Chamber of Commerce in Ukraine Andy Hunder during his speech raised the issues of strategic importance to the business community - full-scale implementation of judicial reform, fight against corruption, cooperation with the IMF, implementation of healthcare reform in regions, further deregulation of the oil and gas industry, and issues that are critical for business regarding gray grain market and waste management. Also, Andy Hunder voiced the problem of corruption: 89% of business believes that combating corruption is a priority for improving Ukraine’s business climate. That is why the creation of the Anti-Corruption Court and the fight against corruption is a #1 priority for 2018.

Source: http://destinations.com.ua/events/kyiv-business-community-meeting-with-president-of-ukraine