Volodymyr Groysman: Government's task is to create sustainable system of attracting investment in Ukraine

The Government will make efforts to reduce regulation, overcome abuse by regulatory authorities, ensure system stability and rule of law in order to create favorable conditions for attracting investment into Ukraine. Prime Minister of Ukraine Volodymyr Groysman stated during the opening of the Sweden-Ukrainian business forum in Kyiv on Monday, 13 June.

"Our task is to generate a reasonable regulation, prevent any abuse of supervisory authorities, create such a stable system so that you could quite easily anticipate its investments in the Ukrainian economy. Business climate should be comfortable, despite the origin of investment," said Volodymyr Groysman, referring to businesses.

The Prime Minister informed that to this end the Government will soon create an investment support agency.

According to him, the Government’s home task is to create favorable simple conditions so that investors can do their business easily. Volodymyr Groysman stressed that the Ukrainian Government's priorities are deregulation and ensuring investors with free access to Ukraine.

Amidst the most promising areas in Ukraine that can "bring success to those who invest and for our country", according to him, are the energy industry, IT sector and the agricultural complex.

The Prime Minister pointed out that the rule of law and the justice system change is the key to investment protection. In this context, he recalled that the Verkhovna Rada of Ukraine had adopted constitutional amendments in the judicial sector. This will reboot the system and enable it to attract new honest professionals.