OREANDA-NEWS. October 17, 2012. Minister of Finance of Ukraine Yuriy Kolobov had a meeting with members of the European Business Association. The event was attended by experts and finance people, leaders of banks and investing companies, and business executives.

First, Yuriy Kolobov said that cooperation with business community is very important for the government of Ukraine because fruitful cooperation with various countries’ businesses provides for investment inflow into Ukrainian economy, new technology and idea implementation, and application of global business doing practice.

Speaking about stimulating business opportunities, Minister of Finance assured the audience that Ukrainian government’s priorities include promoting transparent business doing. "International investors must be sure that dealing in Ukraine lets them develop and extend their business, and transparent law could be its reliable basis", Minister of Finance emphasized.

Minister of Finance Yuriy Kolobov also covered issues of current Ukrainian economy stance and budget policy priorities. He specifically said that Ukrainian government will keep implementing consistent, complex and interrelated reforms. Next year’s budget policy will be pursued to form a competitive market environment, provide for the country’s energy security, create a congenial investment climate, save and accelerate strategic public companies and industries.

At the question-and-answer session, Minister of Finance told business officials about fiscal and monetary policy, banking, and local currency support efforts. Topics under discussion also included: economy de-dollarization, Ukrainian and European stock market integration, IMF cooperation, etc.

The meeting has arranged for enhancing the cooperation between the Ministry of Finance and the business by setting up task forces and permanent discussion of law initiatives and government resolutions, and sharing experience.

As a feedback, European Business Association officials appreciated the Minister’s openness and readiness to talk to businesses, and his willingness to implement joint fiscal, tax, and customs initiatives.