The Japanese automobile manufacturing company Isuzu Motors and its trading representative Sojitz Corporation accuse the Cabinet of Ministers of creating unequal competitive conditions through the adoption of the investment program of the Kremenchuk automobile assembly plant (Poltava region). This was reported to journalists yesterday by Sojitz Corporation representative Tetsuya Kubo. \nAccording to him, in connection with the cancellation in 2003 of the investment program of its partner Lutsk automobile plant, which is part of the "Bohdan" holding, and the recent adoption of a similar investment program for KrASZ, Japanese companies feel unfair treatment toward themselves, despite their large contribution to Ukraine's industry. \n"We are very concerned that such a situation may affect our business plans in Ukraine," Kubo added. \nAccording to him, the concern of Japanese companies is caused exclusively by economic factors and is not of a political nature. \n"We are businessmen and take a neutral position, the main thing for us is fair treatment, not which government is in power," Kubo emphasized. \nAs reported earlier, the Ambassador of Japan to Ukraine Kishichiro Amae hopes that the decision to restore the investment program of LuAZ, which is part of the "Bohdan" production holding, will be adopted after the Presidential election. \nThe management of LuAZ considers the Cabinet's decision to adopt the investment program of KrASZ discriminatory. \nOn October 8, the Cabinet approved the investment program of KrASZ. \nOn October 1, 2003, the investment program of LuAZ was canceled by decree of President Leonid Kuchma. \nAccording to the law "On Stimulating the Production of Automobiles in Ukraine," an enterprise with an investment production program approved by the Cabinet receives tax and customs privileges for its products. \n"Bohdan" agreed on cooperation with the Japanese companies Isuzu Motors Limited and Sojitz Corporation until 2009. \nIsuzu Motors Limited is one of the world leaders in the production, sale and servicing of motor vehicles and component products; the company is a technological partner of the "Bohdan" holding. \nSojitz Corporation is the official supplier of Isuzu Motors products in Ukraine. \n
Japanese automakers accuse our Cabinet of "unfairness"
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