Polish investors still face political risk in Ukraine

Published: 8 September 2005 y., Thursday

 Polish  investments in Ukraine  still  face  political  risks  despite the sharp improvement in bilateral  relations  since  the  December 2004 Ukrainian regime change, Poland's Deputy Economy Minister Jacek Piechota told reporters Wednesday
at the Krynica Economic Forum.
     "The  different  approaches  to  economic  reform in Ukraine are of vital interest  to  us,"  Piechota  said, speaking at the Economic Forum attended  by  heads of governments and states and leading business people in Central and Eastern Europe.
     As  an  example  of  an  internal  Ukrainian  controversy  that has affected  Poland,  Piechota pointed to the tax and investment privileges that were  enjoyed  by  Polish  investors  in Ukraine's special economic zones until they were abolished earlier this year.
     "This  is  being  mended  now,  but there was unnecessary tension," Piechota said.
     The  recent  meeting in Gdansk between the two nations' presidents, Poland's  Aleksander  Kwasniewski  and  Ukraine's Viktor Yushchenko, has "added considerable momentum" to negotiations on the issue.
     Piechota reiterated the Polish government's commitment to promoting the interests  of  the  country's  investors  in  Poland's south-western neighbor.

Šaltinis: INTERFAX-EUROPE 
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Sustainable energy for Europe

In European sustainable energy week 2010, new EU energy commissioner presents strategy to reduce Europe’s dependence on fossil fuel. more »

EBRD’s new accountability mechanism goes into effect

The EBRD is launching a Project Complaint Mechanism, which is expected to enhance the accountability and transparency of the Bank’s operations. more »

New local currency financing for micro and small businesses in Armenia

The EBRD is boosting the availability of local currency financing in Armenia with a synthetic loan in Armenian Drams (AMD) worth $4 million to FINCA UCO CJSC for on-lending to local micro and small enterprises (MSEs). more »

Sirpa Pietikäinen on CITES: "Biodiversity at stake"

This year is the UN year of biodiversity and it brings endangered species into the spotlight. more »

Haiti: US$65 Million Grant to Restore Key State Functions and Infrastructure

The World Bank Board of Directors today approved a US$65 million project to support the recovery of Haiti’s critical infrastructure as well as the reestablishment of basic State functions following the devastating 7.0 magnitude earthquake on January 12, 2010. more »

Haiti Sets Out on Path to Recovery with Broad International Support

Haiti’s arduous reconstruction and recovery process jolted forward today following fresh commitments to help the Caribbean nation rebuild in the wake of its devastating January 12 earthquake. more »

New IMF-Supported Program Will Strengthen Uganda’s Policy Design and Implementation Capacities in the Transition to Oil

A mission from the African Department of the International Monetary Fund (IMF) visited Uganda during March 4-17, 2010, to conduct the seventh and final review under Uganda’s Policy Support Instrument (PSI) and reach understandings on a policy framework for a new three-year PSI to cover the period 2010 to 2013. more »

Common Agriculture Policy after 2013: free market will not save European agriculture

The European Economic and Social Committee (EESC), as the first EU institution, rose to the challenge of providing a comprehensive vision for the future of the Common Agriculture Policy (CAP), in advance of the European Commission's papers on the matter, due to be issued later this year and in 2011. more »

Europe and Central Asia Facing Energy Crunch

The outlook for primary energy supplies, heat, and electricity is questionable for the Eastern Europe and Central Asia region, despite Russia and Central Asia’s current role as a major energy supplier to both Eastern and Western Europe. more »

IMF Executive Board Approves US$790 Million Stand-by Arrangement for El Salvador

The Executive Board of the International Monetary Fund (IMF) today approved a 36-month, SDR 513.9 million (about US$790 million) Stand-By Arrangement (SBA) for El Salvador to help the country mitigate the adverse effects of the global crisis. more »