: :inin Kyiv (EET)

EU launches project aimed at business support in Ukraine

The Delegation of the European Union to Ukraine, with the support of the Economic Development and Trade Ministry of Ukraine, has launched the FORBIZ project, which is aimed at supporting small and medium-sized businesses in Ukraine and improving the country`s business climate.

”This project has several components comprising both strategic goals, such as the elaboration of a strategy to develop small and medium-sized businesses, and more practical tasks, namely, deregulation and the ongoing revision of outdated regulations,” Deputy Minister of Economic Development and Trade Maksym Nefyodov told reporters during the presentation of the project.

 Nefyodov added that a number of consulting centers will be set up with the view of facilitating business in Ukraine.

Two pilot centers were already launched in Kyiv and Lviv, according to Nefyodov.

Similar offices have been planned in Kharkiv and many other Ukrainian cities, and will be opened in the near future.

The first results of carrying out the project will be seen in two to three months after its launch.

Matthias Acuner, the FORBIZ project manager, who attended the presentation, said that the project seeks to create favorable business conditions in Ukraine, support domestic small and medium-sized businesses, as well as maintain an effective dialogue with Ukrainian entrepreneurs.

In addition, it is necessary to establish clear rules and a level playing field for all entrepreneurs in the country, according to Acuner.

He also proposed to abolish outdated regulatory standards, which hamper the facilitation of business in the country, and called for reducing administrative pressure on businesses.

As reported earlier by UNIAN , First Vice Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv stated that the creation of favorable conditions for development of small and medium-sized businesses in the country was one of the government priorities in 2016.

Kubiv said the implementation of a consistent state policy in the sphere of business support would help improve the business climate in the country while strengthening Ukraine`s position in the World Bank Doing Business ranking.

According to Kubiv, Ukraine expects to move up 15 to 17 positions in the Doing Business ranking this year, since the country has fulfilled more than half of the requirements on deregulation and improving the investment climate.


Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Share This

Share this post with your friends!