12:12 24.02.2016

Investors expect implementation of IMF program by Kyiv, authorities' united fight against corruption

1 min read
Investors expect implementation of IMF program by Kyiv, authorities' united fight against corruption

U.S. investors are counting on the implementation by Ukraine of the program of cooperation with the International Monetary Fund (IMF), the joint fight of all branches of power against corruption, as well as the restoration of the rule of law, U.S. Ambassador to Ukraine Geoffrey Pyatt said at a ceremony of signing an agreement on the investment by Cargill company of $100 million into the grain terminal of the Yuzhny port.

The U.S. agricultural companies have expressed their hope that the Ukrainian government will strongly and consistently demonstrate their resolution to hold the reforms, the Verkhovna Rada will demonstrate the fulfillment of its obligations to the IMF, the president and the government will cooperate closely and decisively demonstrate their resolution to restore the rule of law and their readiness to fight corruption, the ambassador said.

According to him, the Ukrainian government has demonstrated progress towards the establishment of a clear and transparent regulatory system, as well as the fair value added tax (VAT) refund.

When addressing the infrastructure, finance and agricultural policy ministers, Pyatt expressed confidence that the reforms would be continued.

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