U.S. Secretary of
Commerce Penny Pritzker congratulated Prime Minister of Ukraine
Arseniy Yatsenyuk and members of the Government on the signing of the agreement
on the construction of a new grain terminal at the Port of Yuzhny and
noted the significant progress made in the implementation of a roadmap of
cooperation between Ukraine and the U.S.A. This was stated in a letter from
Penny Pritzker to the Head of the Ukrainian Government.
Penny Pritzker sent
her compliments to Arseniy Yatsenyuk as well as Minister of Infrastructure of
UkraineAndrii Pyvovarsky, Minister of Finance of Ukraine Natalie Jaresko and
Minister of Agrarian Policy and Food of Ukraine Olexii Pavlenko with
regards to the conclusion of the agreement between Cargill and M. V. Cargo on
the construction of the marine grain handling terminal at the Port of Yuzhny to
the tune of US$100 million.
"The
construction of the grain terminal is a proof of the progress demonstrated by You and
Your Government thereby starting to create conditions necessary to attract
additional investment from America to Ukraine. This is just that positive
result we expected during the American-Ukrainian business forum in July last
year", the letter from Penny Pritzker to Arseniy Yatsenyuk
reads.
The Secretary of Commerce noted the long and significant achievement shown up by the Government of
Arseniy Yatsenyuk in the framework of the implementation of the U.S.-Ukrainian
Roadmap that had been agreed during a visit of Kyiv by Penny Pritzker in
October last year.
In particular, it
is noted in the letter, over this time, the Government had reduced the royalty
rate on gas production, joined the World Trade Organization agreement (WTO) on
government procurement, implemented the WTO trade facilitation agreement,
improved a system of VAT administration, eliminated a number of
difficult post-Soviet regulatory procedures.
Stressing the
continued commitment to the program with the International Monetary Fund Penny Pritzkernoted
the need to prolong by Ukraine the fight against corruption, in particular in
the Prosecutor General's office, to adopt effective legislation to protect
intellectual property rights and to renew simplifying of regulatory procedures.
Penny Pritzker hailed
Arseniy Yatsenyuk and the Ukrainian Government on these achievements
andemphasized that she looked forward to deepening the bilateral
partnership this year.
As was reported,
on February 24 in the presence of Prime Minister of Ukraine Arseniy Yatsenyuk,
members of the Government of Ukraine and Extraordinary and Plenipotentiary
Ambassador of the USA in Ukraine GeoffreyPyatt, an agreement was inked
between Cargill and M. V. Cargo on investing US $100 million into the
construction of a grain terminal at the Sea Trade Port of Yuzhny.
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