Insurance

Every year the International Conference gathers a large number of representatives of the public sector, business and social organizations.

This year, “The Tiger Conference” gathered more than 350 participants from around the world, 24 speaker among them.

Among the key issues on which the discussions took place, stood out the issues of transparency of legislation and separation of powers of the government. During the discussion of economic topics in Ukraine, the speakers drew attention to the importance of the fight against corruption and the shadow economy. Participants talked about the problems of energy and subsidized prices for electricity and came to the conclusion that Ukraine must ensure such pricing, which would stimulate production and efficiency. In matters of leadership agreed on the fact that government leaders need to focus their efforts on the creation of unity and common vision of the future.

S&P Investment Risk Management Agency with the support of which the conference was held, emphasize the importance of such an event which helps to coordinate and integrate the efforts of the representatives of different branches of government and business at solving of current economic and legal issues in Ukraine.

«S&P Investment Risk Management Agency» owns the exclusive copyright of the information in this article. The author has the sole right to control the use of this material. It means the prohibition of using this information without our consent. The term “information” means texts, comments, photos, images, and other materials. Any use of the information or any part of this article without the written permission of the author is prohibited. The term “use” means copying, adaptation, re-writing, modifications, etc. In the case the irregularities are detected, the author has the right to copyright protection in accordance with the procedure established in Article 50-53 of the Law of Ukraine «On Copyright and Related Rights».

The project has been developed during this year by thirteen leading law firms on a pro-bono basis under the auspices of U.S.-Ukraine Business Council (USUBC).

S&P Investment Risk Management Agency is one of the project’s co-authors.

On October 30th, 2015 at the second conference of the American-Ukrainian Business Council, about 100 representatives of the legal, business and diplomatic community, civil society, academia, the Government, the National Bank and the Presidential Administration of Ukraine gathered to discuss the proposed reforms.

The conference highlights included keynote speeches from the U.S. Ambassador Pyatt.

The mission of the project: the modernization of the existing legal system – replacing it with a brand new, modern, fair, civilized and service-based legal and governance system.

A group of 16 top business executives and government leaders got together on June 12 to talk about improving Ukraine’s investment climate.

Many of the familiar obstacles resurfaced, including excessive regulation and poor enforcement of property rights. But many of the leaders stressed that Ukraine’s twin crises of Russia’s war and recession present opportunities for new investors, innovation and — once the fighting stops — rebuilding Ukraine’s old or destroyed infrastructure.

Several stressed that Ukraine, given its still-weak enforcement institutions, should not be giving targeted tax breaks or favors to particular industries or sectors. To do so often invites abuse and fraud, as in fake import reports of energy efficient equipment to take advantage of tax breaks in that area.

Some said that government should be more active in communications, particularly in explaining its strategy and in optimistically promoting success stories in the private sector to counter myths and Russian propaganda.

The leaders talked about ways to grow the share of small and medium enterprises in Ukraine’s economy. While figures vary, such businesses make up the vast majority of gross domestic product in Western nations while account for less than 10 percent of GDP in Ukraine.

Discussion also centered on how to promote two of Ukraine’s most promising sectors, agriculture and information technology.

«S&P Investment Risk Management Agency» owns the exclusive copyright of the information in this article. The author has the sole right to control the use of this material. It means the prohibition of using this information without our consent. The term “information” means texts, comments, photos, images, and other materials. Any use of the information or any part of this article without the written permission of the author is prohibited. The term “use” means copying, adaptation, re-writing, modifications, etc. In the case the irregularities are detected, the author has the right to copyright protection in accordance with the procedure established in Article 50-53 of the Law of Ukraine «On Copyright and Related Rights».