masthead

©2004 RFE/RL, Inc. All Rights Reserved.

With the kind permission of Radio Free Europe/Radio Liberty, InfoUkes Inc. has been given rights to electronically re-print these articles on our web site. Visit the RFE/RL Ukrainian Service page for more information. Also visit the RFE/RL home page for news stories on other Eastern European and FSU countries.


Return to Main RFE News Page
InfoUkes Home Page


ukraine-related news stories from RFE


U.S. ENCOURAGES UKRAINE ON MARKET ECONOMY. U.S. Ambassador to Ukraine John Herbst said on 30 June that the United States will support Ukraine's efforts to become a market economy, Unian reported. Herbst said that the country should still take a number of important steps in order to become a market economy and efficiently enter world markets. Ukraine has achieved significant changes in the macroeconomic sphere, but the lack of changes on the microeconomic level is "disturbing," Herbst added. The main problem of Ukraine's economy, according to Herbst, is insufficient transparency in the privatization process and flaws in laws regulating business activity. Herbst praised Ukraine's efforts to join the World Trade Organization but said that the issue of copyright protection still concerns the United States. AM