Ukraine: Business environment at a glance

(EIU Viewswire Via Thomson Dialog NewsEdge) COUNTRY VIEW

FROM THE ECONOMIST INTELLIGENCE UNIT

Policy towards private enterprise and competition

2007-08: Regulatory system rationalised and streamlined; the number of regulations affecting business decreases further. Accession to the World Trade Organisation (WTO) ensures progress, including removal of the ban on foreign bank branches.

Click here to learn more about e911 and its impact on VoIP

Click Here to Learn How You Can Profit from IP Communications. Live, in Person at INTERNET TELEPHONY Conference & EXPO West 2006 in San Diego.

IPTV is coming fast. Educated service providers will reap profits first. Learn how at FierceMarkets' IPTV Evolution Workshop this fall.

Get Your IMS Education from The Expert Team at INTERNET TELEPHONY Magazine and TMCnet. This Fall in San Diego at IMS Expo.

2009-11: Large-scale privatisation is completed.

Policy towards foreign investment

2007-08: Licensing requirements are simplified, but other barriers to investment inflows remain a problem.

2009-11: Foreign investors are still excluded from land sales.

Foreign trade and exchange controls

2007-08: Major exchange controls lifted, but trade liberalisation incomplete. Accession to WTO expected in 2007.

2009-11: Trend towards further reduction in tariffs. Progress towards an EU free-trade deal.

Taxes

2007-08: Expenditure management improves, but progress in broadening the tax base slows. Value-added tax (VAT) and profit tax rates are reduced.

2009-11: Implementation of a new tax code. Continued fiscal rationalisation, particularly regional fiscal management.

Financing

2007-08: Despite increased lending and greater consolidation, the financial sector remains underdeveloped.

2009-11: Large-scale foreign acquisitions in the banking sector end. Continuing weakness in financial supervision.

The labour market

2007-08: Strong real wage growth. Workforce migration continues.

2009-11: Increased productivity and restructuring bring continued growth in real wages, as well as higher unemployment.

Infrastructure

2007-08: Deferral of infrastructure maintenance and development; private investment mainly in telecommunications.

2009-11: Privatisation of sea port infrastructure is likely. Despite higher government capital expenditure, deteriorating infrastructure constrains economic growth.

Copyright 2006 Economist Intelligence Unit


Related Tags: foreign, infrastructure, towards, trade, business, learn

Email Author Feedback

• TMCNet » Ukraine: Business environment at a glance

CosmosDel.icio.usSlashdotDiggBoingBoingFurlSpurl

Listed below are links to sites that reference Ukraine: Business environment at a glance:

Trackback Pings

TrackBack URL for Ukraine: Business environment at a glance:
http://blog.tmcnet.com/cgi-bin/mt3/mt-tb.fcgi/27860

Previous blog: Channel Agents Ally to Form a New Enterprise
VoIP for Enterprise Home Page
Next blog: Italy: Business environment at a glance

Comments to Ukraine: Business environment at a glance

Name:

Email Address:

URL:

Remember info? Notify me of new comments?

Comments: (you may use HTML tags for style)