You're reading: ForUm: American Chamber of Commerce supports economic reforms in Ukraine

Bernard Casey, President of American Chamber of Commerce in Ukraine, expressed support to Ukrainian government led by Sergiy Arbuzov. According to him, intensification of economic reforms targeted by the Cabinet of Ministers will contribute to changes in legislation in order to increase the level of confidence of foreign investors and reduce the taxation barriers, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine informs.

Bernard Casey noted that Ukraine had
thoroughly prepared for 2014. Important agreements were reached with
Russian government on support of industrial modernization and activation
of key programs of Ukrainian industry development. During the visit of
President Victor Yanukovich to China, he signed agreements important for
the Ukrainian economy for the total cost of 30 billion USD. The
government made own efforts to stabilize economy: programs on
introducing the energy efficiency and support of energy independence
were approved (Energy Strategy of Ukraine till 2030, Concept of creating
a system for state support of Ukrainian exports until 2015 aimed to
increase the capacity of local exporters and raising the standards of
their work up to European level) as well as many other programs,
provisions, concepts, and laws based on powerful impulse to development
of the economy.

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