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U.S. Vice President Joe Biden during his Kyiv visit has called on Ukraine to fulfill the requirements of the country's key lender, the International Monetary Fund, and press forward the reform in the energy sector, according to an UNIAN correspondent reporting from Biden’s joint briefing with Ukrainian President Petro Poroshenko.
According to Joe Biden, thanks to the vital steps Ukraine has taken, its economy "is now growing again". However, the U.S. Vice President emphasized that "there remains much work to be done to ensure Ukraine finally realizes its potential as a vibrant, modern economy".
Read alsoUkrainian political commitments under Minsk deal to only be implemented after "Russian violence stops" - Biden"Keep working with the IMF to implement the tough reforms that will make Ukraine’s economy sustainable," said Biden, adding that the country should continue cleaning up its banking system and press forward the energy reform to eliminate dependence on Russian gas.
Read alsoBiden urges int’l community to maintain unity in wake of Russian aggressionBiden urged Kyiv to continue the process of privatization of state-owned enterprises, which should be "transparent".
He also called on the authorities to create a business environment "with the legal and regulatory systems that make Ukraine a destination for investment".
He noted that none of these tasks would be easy, adding that "none of what you’ve done so far has been easy but you’ve done it".