Groysman announces signing of agreement with General Electric

Groysman announces signing of agreement with General Electric

Stable development of business is the goal of the government economic reforms and the key source of investment attraction.

Ukrainian Prime Minister Volodymyr Groysman said this at the meeting with representatives of business circles of Sumy region, the Government portal reports.

"The main thing is to hear the real sector. For me, this is the guideline to follow. The government's goal is to reach a steady 5%-plus growth. This requires investment. It is business that provides investment. And we are engaged in creating the conditions for doing business," the Head of Government said.

Groysman regards the decisions on deregulation and changes in the work of fiscal authorities and controlling bodies as significant steps forward.

There are many problems in many fields, but the work is ongoing, the Ukrainian Prime Minister stressed. In particular, with respect to export promotion, the Export Credit Agency has been set up. In addition, the Office for Export Promotion and the UkraineInvest (Ukraine Investment Promotion Office) function in Ukraine.

Groysman also mentioned the experience gained through cooperation with the world's giants.

"Tomorrow, February 23, PJSC Ukrzaliznytsia [Ukrainian railways] will sign a framework agreement with the General Electric. We agree on the stage-by-stage local content in manufacturing up to 40% and enter the global GE market," the Prime Minister said.


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