Friendly business environment in Ukraine to be created on business, government partnership, - Poroshenko

Source : 112 Ukraine

Earlier Poroshenko claimed that Ukraine needs more extended cooperation with the investors
20:36, 31 October 2018

It is possible to create a friendly business environment only on the basis of the partnership of the business and government. Petro Poroshenko, the President of Ukraine made such statement at the meeting with the representatives of the Ukrainian business as 112 Ukraine reported.

'Our benchmark is the creation of the business environment in Ukraine, which will be really friendly to the business. The one that will motivate to reveal the business capacity, investments, strategically oriented development. And we can do it only on the basis of the partnership of the business and government,' Poroshenko said.

Related: Ukrainian businesses call on Cabinet to halt transit of Russian freight

Earlier, we reported that Poroshenko intends to sign a Code on bankruptcy proceedings within a fortnight.

Besides, Ukraine has gone up 5 positions up in the Doing Business rating and took the 71st place.

Related: Ukraine promised IMF to legalize the gambling business. Would it happen in 2018?

Moreover, Ukraine occupied the 134th place out of 152 in the rating of countries by the economic freedom index. The index is calculated on the basis of 42 indicators joined in five key categories: size of the government (top marginal tax rate, government enterprises, and investment), legal system and property rights, sound money, freedom to trade internationally, and the regulation.

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