The signing of an agreement on U.S. Cargill's investing $100 million in the construction of a grain terminal at the Yuzhny seaport confirms investors' confidence in the Ukrainian government, U.S. Ambassador to Ukraine Geoffrey Pyatt has said.
“Today’s agreement is a vote of confidence in the Ukrainian government, and in particular in those who have led the charge for reform in this cabinet,” he said at the ceremony of signing this agreement in Kyiv on Feb. 24.
“They [U.S. companies] are looking for a Ukrainian government that demonstrates a clear and unambiguous commitment to the path of reform. They are looking for a Rada who demonstrates a clear willingness to uphold Ukraine’s commitments to the IMF. And they are looking for a government and a presidency that demonstrate a clear commitment to continued progress on the rule of law, to include the critical issue of anticorruption reform,” he said.
According to the ambassador, this Ukrainian government has already demonstrated real progress on some of these critical requirements, to include clear and transparent regulatory systems, and a transparent, fair and equally applied system of VAT refunds.
“So let me just conclude by saying that I am confident that continued reform and the demonstrated commitment of people like the ministers who are here today will ensure that today’s success story is repeated, and that this goal of developing Ukraine as an agricultural superpower is more within reach today than it ever has been before,” Pyatt said.
