Ukrainian President Viktor Yanukovych said that the Autonomous Republic of Crimea should raise investments more actively, chairman of the Crimean Council of Ministers Anatoliy Mohyliov told journalists following a meeting with the head of state.

The presidential press service reported on Wednesday that Mohyliov briefed the President on some initiatives of the Crimean government that are being implemented today, as well as on further measures that should be taken in order to improve Crimea’s investment attractiveness, Interfax-Ukraine informed.

"The President supported these initiatives of the Crimean government," Mohyliov said.

He added that according to Yanukovych, the autonomy’s investment attractiveness is extremely important for further economic development of the peninsula.

He added that the local authorities would continue to work hard on raising investments in various social and economic spheres in Crimea.

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