After signing the Association agreement between Ukraine and the European Union, small and medium business will have access to cheap credits, CEO of the All-Ukrainian union of entrepreneurs "Fortetsya" Oksana Prodan told the III National Expert Forum "Ukraine after Vilnius", ForUm's correspondent reports.
"Hearing the word "Ukraine" all investment funds say "too much risks". And the matter does not concern only economic risks, but political as well," she said.
According to her, after signing the Association agreement the attitude towards Ukrainian companies will change for the better. "We will be able to use European technologies, standards and instruments to improve marginality of our business," Prodan noted.
In turn, Jocelyn Guitton, Trade and economic section Representative of the EU Delegation to Ukraine, believes that signing the Association will not improve immediately the conditions of crediting. "The Association will not make the life of loan-subscribers easier. We cannot force private investors to give credits. Moreover, investments of the European bank have certain rules, which must observed," he said.
According to him, the improvement of business-climate will increase inflow of investments only when all uncertainties are settled. "Obviously, the Association will help to settle issues, but Ukraine still needs to improve the supremacy of law. Companies need to be certain in observance and legality of contracts."
"Hearing the word "Ukraine" all investment funds say "too much risks". And the matter does not concern only economic risks, but political as well," she said.
According to her, after signing the Association agreement the attitude towards Ukrainian companies will change for the better. "We will be able to use European technologies, standards and instruments to improve marginality of our business," Prodan noted.
In turn, Jocelyn Guitton, Trade and economic section Representative of the EU Delegation to Ukraine, believes that signing the Association will not improve immediately the conditions of crediting. "The Association will not make the life of loan-subscribers easier. We cannot force private investors to give credits. Moreover, investments of the European bank have certain rules, which must observed," he said.
According to him, the improvement of business-climate will increase inflow of investments only when all uncertainties are settled. "Obviously, the Association will help to settle issues, but Ukraine still needs to improve the supremacy of law. Companies need to be certain in observance and legality of contracts."
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