President: Ukraine Continues Its Deregulation Policy
OREANDA-NEWS. June 07, 2012. The government will continue improving the regulatory policy and fighting corruption to ensure favorable conditions for business and investment, President Viktor Yanukovych said at today’s meeting of the Council of Domestic and Foreign Investors.
"We have been working hard to improve the regulatory policy and will continue to," he said, reminding that Ukraine has already reduced the number of different permits and licenses by 85%.
"The component of corruption has been largely removed from this area because the officials can no longer gain profits from it that easily," Viktor Yanukovych said. At the same time, he said, there is still significant opposition to the deregulation policy.