KYIV, Nov 21 – The American Chamber of Commerce in Ukraine has called on the Cabinet of Ministers and law enforcement agencies of Ukraine to step up efforts to combat the shadow economy to ensure budget revenues and fair competition.

"There is still a significant level of shadow markets. The voice of business must be heard, all individuals and entities operating in Ukraine must pay their fair share of the taxes in effect today. The elimination of shadow markets will not only ensure a level playing field, but will also increase the country's investment attractiveness," the association said in a statement on its website on Thursday.