On Thursday, June
16, Prime Minister of Ukraine Volodymyr Groysman met with U.S. Treasury Secretary Jack Lew and U.S.
Secretary of Commerce Penny Pritzker.
meeting Volodymyr Groysman discussed
possibilities of enhancing cooperation to
ensure financial stability in Ukraine and attract investment.
Minister of Ukraine thanked the United States for
the support to Ukraine. He also noted the leading role of the Secretary of
Finance and the Secretary of Commerce in support of reforms in Ukraine. The
Prime Minister reminded that the United States decided to allocate Ukraine the $
1 billion loan guarantees.
Minister reiterated the irreversibility of Ukraine's reforms. "The
Government is committed to carrying out necessary changes in order to lead Ukraine
from the current difficult situation," he stressed.
the Government's key priorities are macroeconomic stability and creation of the
conditions for economic growth, said Volodymyr Groysman. The
Government is also making efforts to reform the public sector, he said.
Minister noted that Ukraine and the United States have a significant potential for
developing economic cooperation.
The key issue of the
dialogue with U.S. Secretary of Commerce Penny Pritzker
was the question of opportunities for attracting American investment in
Volodymyr Groysman said that the Government has set a priority to
improve the business climate in Ukraine. So,
soon an investment support
office under the Prime Minister will be created. A Head of the Office will be
an advisor to the Prime Minister, indicating the importance of the involvement
of the Government in attracting investment in Ukraine. In
this context, the Prime Minister stressed the importance of the US experience
in the creation of such institutions.
The parties also
discussed obstacles on the way of Ukraine's cooperation with the US business and
agreed positions to address them.
"We are interested
in successful investment. Successful functioning of business means a successful
Ukraine, otherwise no success for Ukraine. We clearly understand this," Volodymyr Groysman emphasized.
Commerce Penny Pritzker handed over to the Head of
Ukrainian Government a roadmap, work on which was initiated by President of
Ukraine Petro Poroshenko and which was developed in
cooperation with Ukrainian specialists, aimed at improving the business
environment and business climate in Ukraine.
Secretary Jack Lew and Volodymyr Groysman
separately discussed the issue of the Ukrainian banking system and possible
measures to ensure financial stability in the country.
Minister informed his interlocutors about the steps taken by the Government over
the time of its activity. Amidst
the steps undertaken were the introduction of market gas price, pharmaceutical
market demonopolization, the beginning of public privatization
and change of the corrupt management of state enterprises, improving the system
of public procurement, start of civil service reform, Ukrainian customs reform and
further deregulation. In
particular, till July 1, it will be eliminated a range of regulatory
inspections, and from August 15 - the electronic declaration of civil servants
will be established, said Volodymyr Groysman.
Minister informed that the technical mission of the International Monetary Fund
visited Ukraine in May. The
Government continues cooperation with the IMF, the Prime Minister pointed out.
Secretary Jack Lew and U.S. Secretary of Commerce Penny Pritzker
welcomed further cooperation with the IMF. They
appreciated the Government's first actions aimed at rooting out corruption in
various areas and implementing necessary changes, as well as confirmed their
readiness to support Ukraine on its path of reform.