Poroshenko has set up a national investment Board

The head of Ukraine Petro Poroshenko has signed a decree on creation of the national investment Council and eliminated the Council of the Russian and foreign investors, established by former President Viktor Yanukovych, according to the press service of the head of the country.

" The Council was established to enhance the development of the investment potential of Ukraine, increase foreign investment, improve the investment climate in the country, ensuring protection of the rights of investors. According to the decree, the national investment Board is established as an Advisory body to the President ", - said in the report.

the press service stressed that Poroshenko ordered the Deputy head of the presidential administration Dmitry Shymkiv to create a draft regulation on the national investment Council, and also to hold meetings with the relevant national and foreign investment activity entities, business associations, audit, legal organizations, international financial institutions and in consultation to make proposals on the composition of the Board.

explaining the development of the Council, shymkiv said that at present the situation with investments in the Ukrainian economy, both internal and external - is critical.

" Investors do not have confidence in the security and profitability of their investments, as in previous years they have lost confidence in the government, and now to this is added the difficult situation in the East and the economic situation in the country in General. At this point in time there is an urgent need to create a platform for interaction between the authorities and investors, which will return the trust and confidence that Ukraine can honestly earn money, " said the shymkiv, quoted by the press service.


sections: Politics