On Wednesday, U.S. Secretary of Commerce Gina Raimondo met with Ukrainian First Deputy Prime Minister and Minister of Economy Oleksiy Lyubchenko in Washington, DC to sign a memorandum of understanding (MOU) outlining areas of renewed cooperation on trade.
The MOU also notes U.S. support for Ukrainian efforts to improve its business and investment climate, which could help to increase U.S.-Ukraine commercial ties. The specific measures include intensifying Ukraine’s fight against corruption, increasing the effectiveness and independence of the court system, strengthening intellectual property rights protections, and implementing corporate governance reforms.
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