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PM Volodymyr Groysman and German Finance Minister Wolfgang Schauble discussed German support of Ukrainian reforms in such areas as customs, energy efficiency and privatization
28.06.2016 | 15:28
Information and Communication Department of the Secretariat of the CMU

Prime Minister of Ukraine Volodymyr Groysman and German Finance Minister Wolfgang Schäuble met on Tuesday, June 28, to discuss the support from that the German Government can possibly provide to the reforms planned by the Ukrainian Government in such areas as customs, energy efficiency and privatization.

"We are committed to carry on with reforms," emphasized Volodymyr Groysman at the beginning of the meeting. He noted that the new Government launched the privatization of state enterprises, in particular, decided to privatize one of the largest Ukrainian enterprises, Odesa Portside Plant. Moreover, the Government has deregulated prices in the markets for gas, pharmaceuticals and launched the customs reform, said the Prime Minister.

Volodymyr Groysman underlined the Government's desire to attract German investment in the Ukrainian economy. He pointed out that yesterday he had a meeting with German business representatives who noted some improvements in the investment climate and willingness to intensify their activities in Ukraine.

During the meeting the sides discussed issues regarding the cooperation in the field of energy efficiency, including the issue of the German support for the creation and operation of the State Fund for Energy Efficiency, maintenance of its transparent and efficient operation.

The interlocutors also discussed the support that Germany can offer regarding the reform of the Customs Service of Ukraine and its technical re-equipment.

Finance Minister Wolfgang Schäuble expressed readiness to provide consultative support to the privatization process in Ukraine. "We are ready to assist, advise, share our experience in privatization," he said.

Volodymyr Groysman said that the Government of Ukraine would designate persons in charge of interaction with the German side in such areas of cooperation as energy efficiency, reform of the Ukrainian customs and privatization.

In turn, Wolfgang Schäuble said that Germany is ready to support Ukraine and the Government on the path toward reforms. "You are facing an enormous challenge and we will give you support," said the German Finance Minister.


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