On July 23, the Acting Minister of Finance of Ukraine Oksana Markarova starts her working visit to the United Kingdom.
During the visit Oksana Markarova is going to participate in the signing ceremony of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Convention MLI).
This Convention will allow Ukraine to make all necessary amendments to all international agreements in force concerning the avoidance of double taxation simultaneously. The MLI is also a part of the Base erosion and profit shifting action plan (BEPS action plan).
The signing of the Convention will lead to a better investment climate, boost economic growth and the development of international trade.
Also the Acting Minister of Finance of Ukraine Oksana Markarova is going to meet Robert Jenrick, Exchequer Secretary to theTreasury (deputy Minister of Finance of the UK). The parties will discuss the implementation of key reforms in Ukraine and current issues related to the cooperation between Ukraine and the UK.
Within the frames of the working visit Oksana Markarova is going to meet Sir Suma Chakrabarti, President of the European Bank for Reconstruction and Development (EBRD). The overarching theme of the meeting will be the new working strategy of EBRD in Ukraine for the period 2018-2023.
At the end of the visit the Acting Minister of Finance is going to take part in the Innovation and Opportunity Round Table. The main goal of the event is to discuss Ukraine's potential in the context of the global economy.