OREANDA-NEWS. On May 28, 2008 The Cabinet of Ministers, during a meeting on Wednesday, has listened to a report on actions and decisions aimed at creating a favorable investment climate in Ukraine, Premier Yulia Tymoshenko said at a press conference following a Government meeting.

"We have a project jointly developed with the European Business Association and we have outlined urgent directions for its implementation," she said.

Tymoshenko said that around 290 proposals had been made during the consideration of a business climate with domestic and foreign investors. "We will make all of the 290 proposals realized by means of Government resolutions and bills," she said.