Johannes Hahn: Corruption discourages investment in Ukraine

At the opening of the Ukrainian Week in the European Parliament, the European Commissioner for European Neighborhood Policy and Enlargement Negotiations, Johannes Hahn, noted the progress made in the area of reforms in Ukraine.  However, he also recognized that Kiev lacks perseverance and that a lot still needs to be done.

Speaking on Monday in Brussels, Hahn called for the continuation of judicial reform.  He also emphasized the importance of fighting against corruption.

“The situation is developing in a positive way but there are a lot of partners who do not wish to make investment commitments because of local and regional corruption,” Hahn stated.

He noted that prospective partners would have to deal with corruption when obtaining construction permission or when starting up new enterprises.  According to Hahn, the fight against corruption is the deciding factor for Ukraine’s future.

  Ukraine, Corruption, EU

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