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PROSPECTS FOR UKRAINE

After Ukraine gained its independence, the creation of an effective modern system of state administration became an important factor of Ukrainian society's recovery from economic recession.

Gradual implementation of a new system of state administration can ensure the formation of Ukraine as a highly developed, legal, civilized European state with high living standards, high level of social stability, culture and democracy, and it can help Ukraine become an influential state in economic and political life of Europe and the whole world.

The administrative reform in Ukraine is gaining strength. It consists in complex reformation of the existing system of state administration. The main aim of the reform is to make the authorities accountable to citizens, transparent and effective in addressing the existing and arising problems in accordance with today's needs of the society.

European choice for Ukraine is more than mere geographical term. In the first place, we have chosen civilized European model of development, which allows achieving progress in all spheres of social and public life.

Ukraine has enough potential to make a breakthrough towards new technologies in industrial production, towards new relations in the sphere of economy, towards new view on the quality of life and living standards, towards social and cultural integration of our population into the European community.

To make a European choice means taking a decisive step towards the development of the country's interior potential through its efficient use.

Ukraine is a country with high scientific potential. Ukrainian scientific institutions are known for unique achievements in development of new materials, investigations in low temperature physics, electric welding, information science and many other spheres.

Democratic reforms in a society are impossible without democratization in the sphere of economic relations. Economic democratization demands that the rules regulating the activity of all economic entities of Ukraine operating in both foreign and domestic market regardless of their level and the sphere of business be legislatively fixed.

Ukraine has reached such a stage of political and economic development when the formation of civilized relations and authentic topics in economic sphere, under which the entire world lives, become especially urgent.

Economic strategy of Ukraine's development should be pragmatic to the maximum, free of politicization, ideological schemes and stereotypes. This will allow Ukraine to integrate into the world's economic process as a country with competitive economy able to solve the most difficult tasks of its development.

Written with the materials of:
- President of Ukraine

COMPANY NEWS
18-11-2008
EBS Newsletter - Issue 9
New articles on financial and IT consulting, legal and HR services authored by our consultants.
23-09-2008
EBS’ 10th Anniversary – it is only the beginning!
As Helen Volska, Managing Partner and Director of EBS, stated: “10 years is the first significant milestone. We have achieved much during this period and I sincerely believe that these 10 years are only the beginning, the first steps!”
04-08-2008
Mystery guest for Canada Day Celebration
The Canadian community here in Kyiv gathered together to celebrate Canada Day, the 1st of July at their embassy
05-06-2008
The Art of Strategy in Ukraine
On June 3rd, a press-conference was held with the theme: "The Art of Strategy in Ukraine…" at the press-centre of the News agency, LigaBusinessInform (Kyiv, 23 Shamrylo Street).
27-05-2008
Ukraine’s a winner in an international investment arbitration dispute under the Energy Charter Treaty
On March 26, 2008, the arbitration tribunal rendered a unanimous decision, in which they confirmed that the case was in their jurisdiction, despite a number of the Respondent’s objections and dismissed the Respondent’s counterclaim
23-05-2008
EBS is a Professional Partner of the #1 competition in the World
On May 22nd, 2008 the official opening ceremony for the #1 competition on strategic management, the Global Management Challenge, was held in one of the Kyiv’s finest restaurants- “Soho”
22-04-2008
One more victory for Ukraine in an International Arbitration Dispute at ICSID
An international investment arbitration dispute between Tokios Tokeles and Ukraine, which has been on-going for over four years concluded with a victory for the Ukrainian side.