Zelensky meets with representatives of Ukraine's leading business associations.

The president suggested holding such meetings on a monthly basis.

Photo from the president's press service

Photo from the president's press service

Ukrainian President Volodymyr Zelensky has met with representatives of the country's leading business associations.

The head of state urged them to join government programs for large investors and said that the state is ready to stand up for them, the president's press service said on February 13.

Read alsoUkraine needs foreign, domestic investment to reach success – economy minister

Zelensky also mentioned the government program for large investors, "Investment Nanny," and a five-year exemption from tax on profit for those who will participate in the privatization of facilities worth US$10 million or more.

The president added that he and his team were open to cooperation with businesses and were ready to listen to all proposals, in particular, on legislative changes that would improve the business climate and would be aimed at the growth of the economy and welfare of citizens.

He also suggested holding such meetings on a monthly basis.

President of the American Chamber of Commerce in Ukraine Andy Hunder noted that the meeting had been attended by the largest investors who had already raised tens of billions of dollars for the Ukrainian economy and were ready to invest further.

"Some 88% of U.S. companies already operating in Ukraine report an increase in their revenue, while 65% are ready to continue investing," he said.

Executive Director of the European Business Association Anna Derevyanko commended the recent steps taken to improve the investment climate, including the launch of the reformed State Customs Service.

She also noted the de-monopolization of Ukraine's state-owned distillery, Ukrspyrt, the promotion of land reform, the preservation of the National Bank's independence, the launch of a loan program for micro-sized enterprises, etc.

At the same time, Derevyanko stressed the need for judicial reform, "so that everyone has a level-playing field."

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