In the previous year, Ukraine descended in the International Property Rights Index and currently is ranked 109th among 129 countries. The Ukrainian Community of Economic Freedoms (UCEF) reported this January 20.
The Property Rights Alliance calculates the respective index and publishes the rankings based on the following factors: current state of political and legal environment, corporeal property rights and intellectual property rights.
“Ukraine goes down in the Alliance’s ranking in all regards, and that’s disturbing. We need to pay special attention to develop copyright protection and independent judiciary. If we manage to improve these factors, the country’s overall rating will grow”, said Head of the UCEF Marian Zablotsky.
In 2014, Ukraine was placed 86th out of 97 countries. Leaders in the 2015 ranking are Finland, Norway, New Zealand, Luxemburg and Singapore.