"Over the past three years, 14,475 outdated international standards have been cancelled. To harmonize 80% of Ukrainian standards with the European ones, the Government of Ukraine plans to adopt 1,500 international European standards annually until 2021," First Vice Prime Minister - Economic Development and Trade Minister of Ukraine Stepan Kubiv said during a visit of the delegation of 12 U.S. companies to Ukraine, which aims to create mutually beneficial long-term business partnerships between U.S. and Ukrainian companies, an Ukrinform correspondent reports.
The government abolished more than 760 outdated regulations and standards, which complicated the life of an entrepreneur, within the framework of deregulation measures in the past year only.
“We are talking about a simplified procedure for customs clearance of goods at sea and river ports. The launch of activities of the representative offices of foreign companies and financial institutions in Ukraine has been simplified,” Kubiv noted.
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