Statement: The American Chamber of Commerce in Ukraine supports financial liberalization in Ukraine

The American Chamber of Commerce in Ukraine supports financial liberalization in Ukraine. Currency liberalization is a key step for the continuous sustainable recovery of Ukraine. We welcome the passing of Draft Law #8152 "On Currency" by Parliament in the first reading. At the same time, we have submitted our comments and proposals to the final version of the Draft Law before the second reading, which, we hope, will provide basis for free capital mobility. The liberalization process should be based on financial stability and it is essential to ensure the authority and independence of the National Bank of Ukraine. This will allow the National Bank to fulfil its mission in maintaining the stability of the hryvnia, increase attractiveness of Ukraine for foreign investors, and boost economic growth.