Vice PM Kubiv states about increase in investments in Ukraine

In January-July 2016, the amount of capital investments in Ukraine has grown almost by 10%, Ukrainian First Vice Prime Minister, Economic Development and Trade Minister Stepan Kubiv has said.

“In the first six months of 2016, capital investments grew by 10%, actually by 9.6%. The net increase in foreign direct investments was recorded at $2.3 billion in January-July 2016, compared to $1.5 billion in January-July 2015,¨ Kubiv said at a meeting of the Cabinet of Ministers of Ukraine, an Ukrinform correspondent reports.

In addition, he stressed that the reorientation of Ukrainian goods to foreign markets gradually takes place.

"Thus, the share of exports to the European Union countries in total volume of exports increased from 32.8% in the first six months of 2015 to 39.2% in the first six month of 2016," he said, noting about the ongoing reduction in trade with Russia.

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