Arseniy Yatsenyuk appealed to the Parliament to adopt government bills to facilitate doing business and improve the investment climate in Ukraine

Prime Minister of Ukraine Arseniy Yatsenyuk appealed to the coalition of Parliamentary factions to approve the drafted by the Government of Ukraine bills that will enable Ukraine to improve the doing business rankings and improve the investment climate. He said this at a meeting of the Cabinet of Ministers on Wednesday, March 18.

The adoption of these bills will also provide an opportunity to obtain from the World Bank and our Japanese partners an overall sum of USD 800 million. "The 800 million dollars will be applied exceptionally for the economic development, infrastructure projects, new jobs and launch of the economic engine of the country," stressed the Head of Government.

According to him, five of the relevant draft laws have already been approved in the first reading by the Verkhovna Rada. The Prime Minister appealed to the Parliamentary committees today to consider these bills the following day to approve them in the second reading and as a whole.

Arseniy Yatsenyuk expressed gratitude to the Parliament for they had included in today’s agenda the Governmental bills intended to facilitate doing business, "By May we have to adopt all these bills, and it will enable us to significantly improve the doing business performance in Ukraine".

In particular, according to the PM, due to the implementation of these laws in the starting a business ranking Ukraine can improve by rising from the 76th to the 12th position, registering property - from 59th to 35th, resolving of insolvency - from the 142 and 108, enforcing contracts - from 43 to 27.

Arseniy Yatsenyuk noted the importance of the activities of the Ministry of Economic Development and Trade of Ukraine and the Ministry of Justice of Ukraine with regard to this issue.