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You're reading: Improving the investment climate for Ukraine

The World Bank’s Ease of Doing Business 2013 ranked Ukraine at 137 of 185 countries – up 15 places from 2012 – while the World Economic Forum Global Competitiveness Report ranked Ukraine 73 of 144 – up 9 places from last year. 

The challenge for Ukraine however, is to continue on this path and break into the Doing Business top 100 countries. It should also begin to close the performance gap on its neighbors, who are themselves continuing to reform and enhance their business and investment climates.

The World Bank highlighted three reforms completed in Ukraine recently that made doing business easier:

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