Ukraine and Privatization

privatization: We want to start the privatization process… We want to see American owners on the territory of Ukraine, they will bring not only investment, but also new standards, new ways of managing the companies, and a new investment culture, Yatsenyuk was cited as saying during his meeting with the representatives of Ukraine diaspora in Washington, UNIAN reported on Tuesday, according to Russia Today. Yatsenyuk and Ukraine Finance Minister Natalia Jaresko are in the US capital on a working visit which will last until June 10. The statement comes ahead of a Ukrainian-American investment conference in Washington on July 13. The massive privatization process of Ukraine state-run assets is planned for the second quarter of 2015. The Prime Minister then said they expect to see American and European entrepreneurs in agriculture, energy, especially in the modernization of the Ukrainian gas transportation system and the mining industry, as well as in other vital sectors of the economy. In April, the Ukrainian government decided to hold a number of investment conferences in Berlin, Paris and Washington to attract investors and to spread the privatization idea. (news.financializer.com). As reported in the news.