Volodymyr Bondar: Cooperation with foreign business must be principled, long-term and legally regulated

Economy · 09:01 27.02.2006

Representatives of the economic service of the Embassy of the Federal Republic of Germany, headed by the Delegate of German Industry in Ukraine, Karin Rau, were on a working visit to Volyn. The guests met with the head of the regional state administration, Volodymyr Bondar. The parties discussed the state of implementation of the investment project of the company "KROMBERG & SCHUBERT GMBH" and the commissioning of its plant. "We are approaching the final stage of creating the enterprise," said Volodymyr Bondar, "and we want to demonstrate that in Ukrainian conditions an investor will be able to work without any obstacles." This was reported to the Western Information Corporation by the press service of the RSA.

\n \n"We are very satisfied with the cooperation with the Volyn Regional State Administration; this is an example of successful partnership with a foreign investor. We are convinced that in the near future new investment projects will appear in Volyn, one of the most attractive regions of Ukraine," noted Karin Rau.

\n \nAt the meeting, the issue of organizing a customs technological scheme for processing component parts and exporting finished products from Ukraine was also raised.

\n \nVolodymyr Bondar emphasized: "We understand the need to improve our regulatory acts; it was precisely on the example of the practical implementation of the project of the enterprise 'KROMBERG & SCHUBERT GMBH' that we saw where the problems are and took measures to eliminate them. Together we went through the school of adaptation and implementation of foreign capital in the conditions of the Ukrainian economy." The head of the RSA added: "Our cooperation with business must be fundamentally honest, long-term and legislatively regulated. This is issue No. 1, both in the state and in the region in particular."

\n \nAt the end of the conversation, the head of the economic service of the Embassy of the Federal Republic of Germany in Ukraine, Ulrich Grünnenberg, assured: "We are pleased that mutually beneficial cooperation is taking place in the legal plane and are confident that this project will be an example for all subsequent ones"

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Volodymyr Bondar: Cooperation with foreign business must be principled, long-term and legally regulated

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