Ukraine's Security Service Chief (SBU) Vasyl Hrytsak and business ombudsman Algirdas Semeta signed a memorandum of partnership and cooperation between the two agencies in Kyiv.

The press center of the SBU reported on Monday that under the memo the sides decided to establish effective cooperation via the permanent and transparent contact tool and exchange of information. The sides pointed out the importance of signing the memo for analyzing possible conflicts in business environment and creating favorable investment climate in Ukraine.

"SBU is not committed to combating business, but we should stop those who work for the enemy in the interests of the state," Hrytsak said.

He said that the SBU is ready to open dialog with the Business Ombudsman Council.