Rzeczpospolita: Investment to flow from Poland after Ukraine launches land market

According to the Polish ex-minister of economy, Ukrainian corruption is no longer as terrible as it used to be.

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Once Ukraine abolishes the moratorium on land sales, entrepreneurs in Poland should seriously consider investing and starting businesses in a neighboring country. After all, Kyiv is gradually moving in the direction of the European Union, creating more and more favorable conditions for economic activity, that's according to former Minister of Economy of Poland, now President of the Polish-Ukrainian Chamber of Commerce, Jacek Piechota.

In an interview with Rzeczpospolita, Piechota said the lifting of the moratorium on farmland sale in Ukraine will be a signal not only for agrarian businesses but in general for any companies.

"It is impossible to deny that Ukraine has perfect conditions: it has large reserves of fertile land and a favorable climate for crops. Ukraine has an association deal with the European Union, and formal obstacles to the Ukrainian agrarian industry are getting smaller. In the future, it will become increasingly competitive in the European market. It is necessary to take part in this success through investment in Ukraine for our part, as well as joint projects with entrepreneurs from the banks of the Dnipro River," said Piechota.

Read alsoFarmland sale moratorium must be lifted before Dec 1. Zelensky says

He added that it was not just about agriculture. In general, in his opinion, Ukrainians lack experience in the European Union market, in marketing, and in compliance with European standards.

"We have this experience. Now it is worth sharing it on sound business principles," the ex-minister said.

The launch of the Prozzoro system, Piechota says, has become Kyiv's "business card." At the same time, corruption remains an issue for Ukraine, he adds.

"It is there, and it will be there, for a long time, because it is hardest thing to change the mentality of people. But the important thing is that with such complaints there's someone to turn to now. Here the situation has changed radically!" the former Polish minister said, adding that in Ukraine, finally, one can avoid corruption-related dealings if they understand all the processes.

"After all, it's like that everywhere. Here [in Poland], not everyone is honest, either," said Piechota.

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