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Bullboard - Stock Discussion Forum Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

Black Iron Inc. is a Canada-based iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project. The Shymanivske Project is located near the city of Kryvyi Rih, in the Dnepropetrovsk Region of Ukraine near two large producing iron ore mines. The Project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore... see more

TSX:BKI - Post Discussion

Black Iron Inc > Ukraine makes efforts to create a comfortable environment
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Post by DragonOilGuy on Jan 31, 2022 6:11am

Ukraine makes efforts to create a comfortable environment

The Cabinet of Ministers of Ukraine makes efforts to create a comfortable environment for foreign investors and businesses to work in Ukraine.

Prime Minister of Ukraine Denys Shmyhal made a corresponding statement at a meeting with heads of foreign diplomatic missions and international organizations accredited in Kyiv on January 28, Ukrinform reports with reference to the Government portal.

The event took place with the participation of President of Ukraine Volodymyr Zelensky, Verkhovna Rada Speaker Ruslan Stefanchuk, Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna, Foreign Minister Dmytro Kuleba, and Defense Minister Oleksii Reznikov.

The Head of Government noted that Ukraine had made significant progress in implementing reforms that promote European and Euro-Atlantic integration. Moreover, Ukraine launched an agricultural land market and unlocked large-scale privatization last year. In particular, revenues from privatization in 2021 amounted to a record of UAH 5.1 billion over the last decade.

According to the Prime Minister, one of the unconditional priority reforms for the state is to create a comfortable environment for foreign investors and businesses in Ukraine.

"We are working hard to create a competitive and attractive investment policy of the country with transparent business conditions and high social standards. We are striving to increase investments in Ukraine, so the protection of property rights and protection of investors' rights is among the principal objectives of the Government," Shmyhal stressed.

He told about the formed package of initiatives that would accelerate Ukraine's economic growth and create opportunities for systemic investment. These include large-scale digitalization, the development of public-private partnerships, support for the IT sector, continued development of long and cheap money programs for small and medium-sized businesses, and other instruments.

Moreover, the Prime Minister stressed the priority of reforming Ukraine's judicial system. He noted that the Parliament of Ukraine had adopted two key laws that provide for completely new mechanisms for the formation of the High Council of Justice and the selection of candidates for the High Qualifications Commission of Judges.

As noted, Shmyhal thanked Ukraine's international partners for providing political, military, and economic support in countering Russian aggression.
ukrinform

Comment by IvanGubinski on Jan 31, 2022 11:21am
zelenski has betrayed Ukraine. He needs to leave
Comment by IvanGubinski on Jan 31, 2022 12:24pm
bought another 25 thousand shares today
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