YALTA, Sept. 17 - The adoption by Ukraine of a law allowing international financial institutions to raise funds in hryvnias will be an important step, but other hurdles need to be cleared to achieve this, according to Country Director of the European Bank for Reconstruction and Development in Ukraine Andre Kuusvek.

While speaking in an interview with Interfax-Ukraine on the sidelines of the 9th Yalta Annual Meeting in Crimea on Friday, he said that the issues of handling accounts, and limitations on directions of investment and margins are still open.