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

Statement at the Conclusion of an IMF Staff Mission to Chad

The mission held constructive discussions with Prime Minister Emmanuel Nadingar, Finance Minister Gata Ngoulou, Infrastructure Minister Adoum Younousmi, and other senior officials. more »

EBRD helps improve quality of electricity supply in South Caucasus

The EBRD is helping to improve the quality of power supply and stimulate renewable sources of energy in the Caucasus with an €80 million sovereign loan to Georgia for the construction of a new high voltage transmission line - the Black Sea High Voltage line, which will interconnect Georgia and Turkey. more »

New railway bypass in Tbilisi

The EBRD is helping to improve the infrastructure of the Georgian capital, Tbilisi, with a €100 million loan for the construction of a new railway route bypassing the city. more »

"Notre Europe" chair Tommaso Padoa-Schioppa on the euro

One of the men considered to be the founding fathers of the euro currency met MEPs on the Foreign Affairs Committee Tuesday (16 March) to talk about transatlantic relations. more »

Commission consults stakeholders over trade policy towards developing countries

European Trade Commissioner Karel De Gucht today opened a conference focused on the European Union's trade policy towards developing countries. more »

Results Profile: Mexico Finance

At the beginning of the 2000s, state ownership in financial intermediation in Mexico accounted for about 20 percent of the total credit of the banking system, provided through development financial institutions and funds. more »

European Enterprise Awards 2010 – 12 nominees shortlisted

Halving the number of business failures by offering individual support, doubling the number of young people who want to start their own business or raising by 500% the number of enterprising new cooperatives are just some of the projects nominated for the European Enterprise Awards 2010. more »

Companies are invited to apply for Marco Polo funding to fight road congestion and make freight transport greener

The European Commission has published the fourth call for proposals for the creation and upgrade of freight transport services under the second Marco Polo programme. more »

15 March 2010 - ECB announces EU-funded cooperation programme with the Central Bank of Bosnia and Herzegovina

The European Central Bank (ECB) today announced a programme of technical cooperation with the Central Bank of Bosnia and Herzegovina, in collaboration with a number of euro area national central banks (NCBs). more »

Commission pays €1 billion in Balance of Payments support to Romania

The EU disbursed today €1 billion to Romania, the second instalment of a €5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »