BP Russia president vows company will keep investing in Russian oil and gas projectsBusiness & Economy March 30, 14:08
Russia’s most powerful icebreaker to cost over $1 blnMilitary & Defense March 30, 14:08
Putin urges to preserve Arctic as territory of dialogueWorld March 30, 14:06
Bulgarian official slams 2017 Eurovision Song Contest as politicizedWorld March 30, 13:35
Moscow considers Brexit UK’s internal affairRussian Politics & Diplomacy March 30, 13:28
Russia's Nobel laureate in physics Abrikosov passes awayScience & Space March 30, 13:18
Press review: Moscow wins $3 bln debt battle vs. Kiev and S.Ossetia seeks to join RussiaPress Review March 30, 13:00
First Russia-NATO Council meeting in 2017 begins in Brussels — sourceWorld March 30, 12:54
Hamburg ballet director gives heart and soul to stage Anna Karenina performanceSociety & Culture March 30, 12:44
KIEV, December 10. /TASS/. Ukraine’s new Minister of Economic Development and Trade Aivaras Abromavicius said on Wednesday the country was in fact a bankrupt.
“The state, as a matter of fact, is a bankrupt, so, it is simply unrealistic to expect us to offer real, but not declarative, programmes of motivation,” he said at a session of the Verkhovna Rada /parliament/ committee for economic policy. “Hence, the main thing now is not to impede businesses, and business will put things at rights.”
He promised that it would take about two years for Ukraine to be ranked among top 50 countries in the Doing Business rating. “The government’s position is like this: rules for businesses - small, medium-sized and big - should be the same. No business should enjoy preferences, unnecessary privileges, monopolization of entire industries. Our position is to re-regulate this sphere to stop inspections, to cancel licensing that has no sense,” he said.
He said measures should be taken to make running business maximally simple so that Ukraine could elevate from its 112nd position in the Doing Business rating. In 2014, Ukraine was ranked 96th.
Abromavicius, a former Lithuanian citizen, was approved by the Verkhovna Rada as Minister of Economic Development and Trade on December 2. Prior to that, he had to get Ukraine’s citizenship.