The Verkhovna Rada has improved the Prozorro public procurement mechanism, which will save up to UAH 9 bln annually On September 19, the Verkhovna Rada approved at its second reading and as a whole a draft law No. 1076, which is intended to improve the Prozorro public procurement mechanism.

The Verkhovna Rada has simplified the conditions for doing business in the area of telecommunications On September 18, the Verkhovna Rada adopted a draft law aimed at reducing an excessive administrative pressure on business in the area of telecommunications. The adopted draft law is intended, in particular, to harmonize the provisions of the Law of Ukraine on Licensing of Economic Activities and the Law on Telecommunications.

Improvement of the investment climate is one of priority tasks of the Government, - Tymofiy Mylovanov Today, on September 13, the Minister for Development of Economy, Trade and Agriculture of Ukraine Tymofiy Mylovanov met with the Minister for Development Cooperation and Foreign Trade of the Republic of Finland Ville Skinnari.

The International Trade Council analyzed the work during 2018 and approved plans for 2019 Today, on April 1 the third session of the International Trade Council chaired by First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv was held. The key task of the International Trade Council is to establish an efficient communication and interaction between the Government and business to support and promote Ukraine’s exports in the world.

The Ukrainian trade mission in the UAE On March 27-28, 2019 the Ukrainian delegation headed by State Secretary of the Ministry of Economic Development and Trade of Ukraine Oleksii Perevezentsev took part in the trade mission to the United Arab Emirates (UAE). The goal of the mission is to promote the export of Ukrainian food and processing products to the UAE and other Middle Eastern countries. The event was organized by State Institution “Export Promotion Office of Ukraine” jointly with the UN Food and Agricultural Organization (FAO).