11:45 20.03.2017

Private business in Ukraine must be protected - PM

2 min read
Private business in Ukraine must be protected - PM

Ukrainian Prime Minister Volodymyr Groysman at a meeting with representatives of law enforcement agencies and businessmen discussed options for creating favorable business climate in the country and preventing abuse of office by supervision agencies.

"This meeting was held for the first time, when representatives of business, the Cabinet of Ministers and the whole law enforcement block gather at one table… I would like to call on all of you to unite, create normal conditions for business, stop 'nightmarizing' business and each of us makes efforts [to push up] economic growth," the press service of the Cabinet of Ministers reported, citing Groysman as saying.

Groysman said that he often meets many representatives of business who tell about the pressure by supervision agencies.

"When we see that obstacles are being artificially created in the real economic sector and artificial requirements are created when business cannot exist, and as a rule this impacts the internal investment potential, this is inadmissible," he said, adding that those who break the law must be punished, while honest business must be protected.

The press service said that meeting participants heard a report of Director of Ukraine Investment Promotion Office Daniel Bilak and Business Ombudsman Algirdas Semeta on the key problems hindering doing business in Ukraine.

The meeting participants discussed the necessity of continuing derelations and expanding the range of services provided to business online, as this considerably cuts corruption risks. Groysman said that the government is on this way: last year 367 ineffective regulatory acts were annulled and 100 more were annulled the previous week.

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