PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
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.