: How political pondering deters foreign investors to Ukraine
Opinion10:53 Mar. 21, 2016

How political pondering deters foreign investors to Ukraine

Deputy Economy Minister Yulia Klymenko explains Ukraine's strategy for easing red tape

The slow pace of reforms, political uncertainty and the war in eastern Ukraine are the main reasons why international investors fear putting their money into Ukraine.

That's according to Yulia Klymenko, Ukraine's Deputy Economy Minister.

Watch also 'The agricultural sector of Ukraine is highly profitable. Now is the time to invest'

She says over-burdoning beauracy and the lack of effective work in the Rada is hampering efforts to boost the country's ranking in the World Bank's 'Ease of doing business' index.

Ms. Klymenko also reveals more about the situation in the economy ministry, over six weeks after Aivaras Abramovichus tendered his resignation and the future strategy to help develop trade and business both domestically and beyond.

Read also Ukraine's Finance Minister promises support to foreign investors in Ukraine

Watch also Sir Richard Branson: 'If business people are brave, it's a good time to invest'

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