UNIAN
Ukraine’s cabinet has proposed to ban Russian companies and structures associated with the financing of terrorism and separatism in eastern Ukraine from participating in the privatization of Ukrainian state-owned facilities, Ukrainian Prime Minister Arseniy Yatseniuk said during the International Conference in Support of Ukraine in Kyiv on Tuesday.
"The largest volume of investments will come when the law on privatization of state property is adopted," Yatseniuk said.
"But there are two key questions that need to be in this law: firstly, it [has to be] a transparent privatization, without any fictitious restrictions, such as there have always been when the assets were prepared for a specific buyer,” Yatseniuk said.
“And secondly, the cabinet proposed to ban the Russian Federation and any persons connected with the Russian Federation from taking part in the privatization of state property," Yatseniuk said.
As reported earlier, U.S. Vice President Joe Biden also said that the sanctions imposed by the majority of developed countries against Russia in response to its aggression in Ukraine should be maintained.