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

EIB gives strong support of EUR 718 million for transport, energy and the environment in Turkey

The European Investment Bank is providing a EUR 718 million strong support for rail transport, electricity distribution as well as energy efficiency and renewable energy in Turkey. more »

EIB finances expansion of Port of Barcelona

The European Investment Bank (EIB) has approved a EUR 150 million loan for expanding the Port of Barcelona. EIB Vice-President Carlos da Silva Costa and the Chairman of the Barcelona Port Authority, Jordi Valls, signed the finance contract in Catalonia’s capital. more »

Interview with Jean-Paul Gauzès MEP, rapporteur on "hedge fund" directive

The extent to which hedge funds should be regulated is one of the key issues facing MEPs on the Economic and Monetary Affairs Committee. more »

EIB provides CZK 2 billion for urban infrastructure in Plzen (Czech Rep.)

The European Investment Bank (EIB) is lending CZK 2 billion (approx. EUR 73 million) to the Municipality of Plzen (West Bohemia) to implement priority urban regeneration schemes identified in the city’s 2004 Development Plan. more »

European Investment Bank's Philippe Maystadt at Budgetary Control Committee

High-speed rails, supporting indigenous people's rights, protecting nature and wildlife, student loan facilities, construction and refurbishment of hospitals and reduction of industrial pollution are just a few projects supported by the European Investment Bank. more »

Commission endorses €14.3 million aid for Volkswagen in Bratislava, Slovakia

The European Commission has authorised, under EC Treaty state aid rules, €14.3 million of aid, which the Slovak authorities intend to grant to Volkswagen Slovakia, belonging to the Volkswagen AG, for the transformation of an existing plant in Bratislava. more »

MEPs take up new fisheries policy powers

MEPs began acting on their new Lisbon Treaty power to co-decide fisheries policy with Member States on 1 December - the day the treaty took effect - with a Fisheries Committee indicative vote on three legislative proposals. more »

DnB NORD Bankas to offer better exchange rate for pounds, Scandinavian currecies until the New Year

With seasons’ holidays approaching DnB NORD Bankas will offer better cash exchange rates for Great Britain’s pounds, Swedish, Norwegian and Danish krones until 31st December. more »

European Investment Bank funds for renewable energy and energy efficiency projects across South Africa

The European Investment Bank (EIB) today agreed to provide a EUR 40m loan to FirstRand Bank to promote energy efficiency and renewable energy projects across South Africa. more »

480 electrical equipment workers in Lithuania to get help from EU Globalisation Fund

The European Commission has today approved an application from Lithuania for assistance under the European Globalisation adjustment Fund (EGF). more »