10:22 15.06.2017

Ukraine, EBRD to step up cooperation in corporate governance reform, implementation of municipal projects

1 min read
Ukraine, EBRD to step up cooperation in corporate governance reform, implementation of municipal projects

Ukrainian Prime Minister Volodymyr Groysman and First Vice President of the European Bank for Reconstruction and Development (EBRD) Philip Bennett have reached an agreement to step up cooperation in the corporate governance reform sphere, in particular at national joint-stock company Naftogaz Ukrainy, and the implementation of municipal infrastructure development projects.

The press service of Ukraine's Cabinet of Ministers reported on Wednesday that the meeting of Groysman and Bennett was held before the large conference devoted to reforms in Ukraine to take place in London early July and as part of the preparations for a meeting of the Ukrainian prime minister with EBRD top managers.

At the meeting Groysman said that EBRD assistance in conducting institutional reforms and development of the real economic sector is large and important, and Kyiv is permanently holding consultations with the bank on various issues.

"In coming weeks we will make the systemic decisions in corporate governance. We are drawing up [documents] to implement five top priority changes, including the pension and land reforms," Groysman said.

He pointed out Ukraine's interest in modern tools and programs with the EBRD that would allow receiving not only consultations, but also access to loans.

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