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Ukraine

President: We stake on the improvement of state-private partnership for additional investment in the public sector of economy

Volodymyr Zelenskyy noted that one of the last steps taken in this direction was the adoption of the Law on Concession.

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Ukraine respects every investor, and the steps taken by the current government are aimed at improving the conditions for doing business, as stated by President Volodymyr Zelenskyy.

“We respect every investor who already works in our country. This applies to everyone, regardless of their business sphere, from restaurants to the green energy sector. We will take no ill-advised steps on retrospective changes in our legislation and worsening business conditions in Ukraine,” the Head of State said in his speech at the opening of the Fifth Ukrainian-Lithuanian Economic Forum in Vilnius.

According to the President, for a large number of foreign investors, in particular Lithuanian, to come to Ukraine, we need equal rules of the game, purified judicial system, overcoming corruption, digitization of processes, as well as passing laws vital for the economy. That is why the current government is focused on deep structural reforms every day.

“We stake on the improvement of the mechanisms of state-private partnership, which is one of the instruments for attracting additional investments in the public sector of the economy,” the President emphasized.

Volodymyr Zelenskyy noted that one of the last steps taken in this direction was the adoption of the Law on Concession, which opened new opportunities for cooperation between the state and business.

He also informed that in order to improve the protection of business entities’ rights, the revised draft law on the establishment of business ombudsman would be submitted to the Verkhovna Rada in the near future.

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