KIEV, Ukraine, June 12, 2013 /CNW/ - Three Ukraine cabinet ministers
will present details of "The State Activation Program for the economic
development of Ukraine for 2013 - 2014" to delegates of "ABC: Ukraine &
Partners" on Thursday.
The presentation will be made by Serhiy Arbuzov (First Vice Prime
Minister of Ukraine), Igor Prasolov (Minister of Economic Development
and Trade of Ukraine) and Mikhail Korolenko (Minister of Industrial
Policy of Ukraine).
Serhiy Arbuzov said that discussing the program at such a prestigious
forum demonstrates a, "strong, pragmatic and open government policy
aimed at the modernization of the national economy."
Arbuzov explained that the program will fulfill three main objectives:
Boost economic growth;
Begin modernizing the real sector of the national economy, increasing
share production with high added value;
Infrastructure development and modernization of communal utilities.
The program is designed to increase Ukraine's economic competitiveness
and improve the investment climate. It will also support key branches
which form the largest contributions to GDP, including steel
production, agriculture, machinery and chemical production. In
addition, the program will provide economic assurances for small and
medium-size business, in particular textiles, the woodworking industry
and the IT sector.
According to Arbuzov, during the first phase of the Program a number of
financial instruments are to be created in order to provide the real
sector of the economy with long-term and low-cost loans, without which
the key assets of enterprise cannot be modernized.
Furthermore, Arbuzov emphasized that the Program will be balanced
against the real budget capability.
"Only those tasks and activities which can be backed with financial
resources remain in the final version of the Program. This is a
guarantee that the adopted program will be implemented," commented
According to Igor Prasolov, Minister of Economic Development and Trade,
the business forum will open up broad opportunities for further
dialogue between authorities and the business sector.
"The conference will contribute to closer partnerships between business
circles of various countries and will help to create a favourable
investment environment in Ukraine. It will also improve Ukraine's
global standing as a reliable business partner. This will help our
country to boost its national economy and ensure public well-being."
Mykhailo Korolenko, Minister of Industrial Policy, expressed his
agreement on this point.
SOURCE: ABC: Ukraine & Partners
For further information:
"ABC: Ukraine&Partners" organizing committee, tel/fax +38(044)501-32-93/44, email: email@example.com