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Ukrainian parliament creates commission on investors’ rights protection

Source : 112 Ukraine

312 MPs voted for the resolution
20:03, 29 June 2021

Verkhovna Rada
Open source

The Verkhovna Rada adopted Resolution #5659 which includes the establishment of the Temporary Special Commission of the Verkhovna Rada on the Protection of Investors' Rights. 312 MPs voted for the resolution.

The online broadcast of the plenary session can be viewed HERE.

According to the resolution, the main tasks of the Temporary Special Commission are:

  • preparation of the legislative initiatives and their submission to the Verkhovna Rada aimed at protection of the rights of investors, ensuring equal protection of the rights, interests and property of investment entities regardless of ownership, as well as effective investment in Ukraine's economy, international economic development cooperation and integration;
  • defining the priorities of legislation improvement to create proper conditions for investment;
  • ensuring the protection of the rights of investors (business);
  • implementation of parliamentary cooperation with business associations and relevant structures to promote the creation of unimpeded conditions for attracting investment;
  • collection and analysis of information for parliamentary hearings considering cases of business rights’ violations by the judiciary, local governments and executive authorities of Ukraine, including law enforcement agencies.

Related: European Union to continue a ban on investment in Crimea, - media

The MP Yanchenko Halyna (Servant of the People) was elected the Chairman of the Temporary Special Commission, and Bilozir Larysa (Trust parliamentary group) was elected Deputy Chair.

The following Ukrainian MPs were elected to the commission:

Abramovych Ihor (Opposition Platform – For Life Party);

Ionushas Serhiy (Servant of the People);

Krasov Oleksiy (Servant of the People);

Kostin Andriy (Servant of the People);

Kultenko Artem (Servant of the People);

Labazyuk Serhiy (Party for the Future);

Makarov Oleg (Party Voice/Holos);

Maslov Denys (Servant of the People);

Natalukha Dmytro (Servant of the People);

Neklyudov Vladlen (Servant of the People);

Nikolayenko Andriy (Fatherland/Batkivshchyna Party).

As it was reported earlier, in Ukraine, the equipment intended for large investment projects is free from entry tax until January 1, 2035. This step was taken to allow Ukraine to attract foreign investments. 

Related: Ukraine does not use over $7 billion of investment resources, - official

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