OREANDA-NEWS. February 01, 2013. Within the Ministry of Incomes and Fees an Investment Council will be set up with an aim to strengthen partnership relations and to maintain direct dialog with national and foreign investors. This was announced by the Minister of Incomes and Fees Olexandr Klymenko during a meeting with representatives of U.S. Chamber of Commerce.

“We have always been and will remain a reliable and predictable partner for business, Ukrainian and foreign alike. Trust of investors is the social capital that we have a hope we will convert into long-term investments in the national economics. And this trust will base upon a dialog, constant communication, joint work at rules of regulating business activity in Ukraine. Entrepreneurs will obtain a unique opportunity to form such investment climate which they consider optimal for themselves,” O.Klymenko informed.

The Investment council will function as an advisory body within the Ministry of Incomes and Fees. It will comprise chiefs and leading specialists of the Ministry, representatives of business associations, top-managers of national and foreign companies. The Minister of Incomes and Fees will be the chairman of the new body.

Several panels in the new Council will tackle issues of improvement of investment climate, taxes and customs fees, elaborate legislative propositions. On the results of study of respective topics these panels will provide recommendations directed to elimination of present flaws and barriers for business.