KIEV Sept. 7 – Ukraine's Economic Development and Trade Ministry and the EU delegation to Ukraine have started implementing the FORBIZ joint project aimed at supporting business.

FORBIZ Project Manager Matthias Halder said at the presentation of the project on Tuesday that the project would focus on three directions: improvement of regulatory policy, enhancement of authorities' opportunities in implementing the effective economic development policy with focus on small and medium-sized enterprises (SME) and establishment of dialog between SME and authorities.

He said that among expected achievements is reduction of administrative pressure on SME and creation of a common information website on SME regulation.