BRUSSELS, Dec. 10 – The deep and comprehensive free trade area (DCFTA) with the European Union opens large opportunities for Ukraine, although Ukrainian business requires adapting to European rules and facilitating access to international financing to use them, First Vice President of the Ukrainian League of Industrialists and Entrepreneurs Vasyl Khmelnytsky said.
"Potentially, there is the money, but in practice the model does not work. For example, the World Bank provided $2.8 billion for development of infrastructure and other projects in Ukraine in 2015. Only $100 million was used. This is less than 4%," Khmelnytsky said, speaking in the European Parliament at the meeting devoted to the Ukraine-EU DCFTA.
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