Poroshenko approves law on Ukraine’s participation in COSME

Source : 112 Ukraine

The country will join the EU program aiming to develop competitiveness of small and medium businesses
17:17, 9 March 2017

President of Ukraine Petro Poroshenko signed the EU-Ukraine bilateral agreement on participation in COSME. The document envisages that the cooperation is to last until 2020.

‘Ratification of this agreement will let Ukraine implement projects in various sectors, such as access of small and medium enterprises to markets, shaping better conditions for competitiveness and improving ethics of business management,’ the presidential press service says.      

The Parliament ratified the respective bill in February. 

Related: Poroshenko urges foreign investors to join privatizing business in Ukraine

Related: Ukraine was ranked 74th in Forbes list of best countries for business

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