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Ukraine sees its business environment improve

KIEV
2017-09-27 10:14

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Ukraine has improved its business environment by implementing reforms, Ukrainian Prime Minister Volodymyr Groysman said here on Tuesday.

"We have created institutional frameworks and have been taking practical steps to create real deregulation in the country. Over the past year, we have abolished thousands of pages of regulatory acts that prevented businesses from developing," Groysman told reporters at the Kiev Investment Forum which kicked off on Tuesday in the Ukrainian capital.

He expressed hope that the improved business environment and expectation of strong economic growth in the next three years will help Ukraine attract investment, particularly in the agriculture, infrastructure and tourism sectors.

Ukraine has abolished more than 400 regulatory legal acts that created obstacles for doing business in the country in the past year.

In the World Bank's 2017 Doing Business ranking, Ukraine was ranked 80th among 190 economies.
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