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 Ukraine Is Poorest and Most Corrupt Country in Europe – New Minister of Economic Development Abromavicius

New Minister of Economic Development and Trade of Ukraine Aivaras Abromavicius plans to improve communication between the business and public authorities.

He stated this at his presentation in the Parliament, Censor.NET reports citing Ukrinform.

"We will solve the problems of the Ukrainian business. In particular, we will improve the regulatory environment, solve the problem of transfer pricing. We will establish a dialogue between business and government and government agencies to improve communication with the business," Abromavicius said.

He stressed that he has experience of cooperation with European and international investors from 40 countries and work with total assets of nearly $4 billion.

Read also: New Ukrainian Government Approved by 288 MPs

"In fact, I am a reformer, and from the first days on the post I will study the paperwork. There are a lot of developments that contain clearly defined benchmarks requirements now, this coalition agreement and the Strategy 2020, but you need to turn all these good intentions into certain actions," Abromavicius said.

The government official said that "there is every reason for operational decisions, because Ukraine is the poorest and the most corrupt, and as to ease of doing business it ranks 112th in the world."

 
 
 
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