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 Ukraine desperately needs judicial reform to raise its investment appeal, PM says

It is imperative to complete the judicial reform in Ukraine in order to improve the country’s investment attractiveness.

Prime Minister of Ukraine Volodymyr Hroisman told journalists, Censor.NET informs citing 112 Ukraine TV channel.

"We are now focusing on deregulation and many other things that will allow us to develop our own potential. In particular, we must focus on support for exports and promote domestic production. If we take a look at the structure of export, import, and international trade, we will see that, unfortunately, raw materials are large share of Ukraine's export which is very bad. We need to develop processing in Ukraine including in its agricultural sector and we are considering the support for minor farmers. I think that we will solve a great number of issues in this field as well as in many other areas this year," Hroisman said.

Read more: "Not valid if unpublished," - Hroisman proposes to make public all contracts concluded by authorities

"The key point is deregulation. We must put an end to the pressure being put on the businesses by regulatory agencies, support domestic producers, and create suitable conditions. And we desperately need the judicial reform as well. Any investor can tell you this. The courts able to take just decisions are the fundamental basis of the functional state, including all aspects relating to investments," the prime minister said.

Volodymyr Hroisman also stressed the need to complete the tax reform in advance, "but not on the day when we enter the new fiscal year".

 
 
 
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