WASHINGTON, D.C. - On the 6th of December, 2010 the Embassy of Ukraine hosted the meeting on the occasion of 15th anniversary of U.S.-Ukraine Business Council (USUBC). On this prominent event Ambassador of Ukraine to the U.S. Olexander Motsyk met with representatives of American business. The meeting was attended by several dozen USUBC member companies, including Boeing, Cargill, Bunge, CNH, Microsoft, DHL, Chevron, Citigroup, ExxonMobil and others.

The Ambassador informed the representatives of business about the pace of economic reforms in Ukraine, focusing particularly on reforms in the energy and agricultural sectors, he also informed the audience about new legislation. Talking on new laws the Ambassador mentioned the adoption of the Law on Public Procurement, new Tax Code, as well as the ongoing discussion on a draft Air Code and amendments to Labour Code.

Ambassador O. Motsyk highlighted improvements in the business environment, as well as positive impact of political stability on reforms, stressed that progress was possible thanks to political will of President of Ukraine Viktor Yanukovych and the Government of Ukraine to bring business conditions in Ukraine to the best international standards.

In their comments representatives of U.S. companies admitted that despite the problems that still exist, the business situation in Ukraine improves steadily. The businessmen noted the effectiveness of meetings with the Ambassador of Ukraine as a mechanism of communication with the Government of Ukraine. Ambassador of Ukraine Olexander Motsyk and the President of the U.S.-Ukraine Business Council (USUBC) Morgan Williams have agreed on establishing the practice of monthly meetings of the American business community with the Ambassador.

In addition, the USUBC management has agreed to providing assistance in arranging visits of the Ambassador of Ukraine to the U.S. regions to meet local businessmen. Future visits to Minneapolis/St. Paul, Chicago, Los Angeles, New York, Denver and Seattle were discussed.

LINK:  http://www.mfa.gov.ua/usa/en/news/detail/49944.htm