Investors are expecting the new government of Volodymyr Groysman a further judicial reform, privatization, and harmonization of deregulation policy priorities with business needs, as well as maintaining cooperation with the International Monetary Fund, reads a statement by the American Chamber of Commerce in Ukraine.
“We expect the new leadership to focus on the continuation and successful implementation of judicial reform, which ultimately will ensure proper investors’ rights protection, as well as establishment of the rule of law throughout the country,” reads the report citing President of the American Chamber of Commerce Andy Hunder.
“Important is the need to cut excessive red tape by wider usage of the electronic services in permits issuing and public procurements, as well as harmonizing deregulation priorities with business needs,” he said.
He believes that “clear and transparent privatization of state-owned enterprises which, if conducted in a fair and open way, may bring in billions of dollars of new investments, stimulate creation of new jobs, as well as make loss-making state enterprises modern and profitable.”
“The American Chamber of Commerce in Ukraine considers today’s appointment of a new prime minister and government of Ukraine to be not only a challenge but also an opportunity for Ukraine to reboot the reforms process and reach a qualitatively new level of transformation,” reads a statement on the chamber’s website.
