Ukrainian President Aims for Top 100 in World Bank’s Doing Business Rating

The President of Ukraine Viktor Yanukovych stated that by 2014 Ukraine would secure a place among the first 100 countries on the World Bank’s Doing Business report. According to the President, the country has to simplify licensing procedures and decrease the number of audits of businesses by the authorities.

Importantly, in 2012 Ukraine climbed 15 spots to reach the 137th place on the easiness of doing business list. Yanukovych, however, believes that the state could have advanced even further. Ukraine needs to adopt European control system of food safety and quality, he emphasized.

Source: PR Newswire