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                        THURSDAY, MARCH 28, 2024
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Investment needed to adopt EU technical standards, prime minister says
Journal Staff Report

KIEV, Oct. 14 – The implementation of the technical standards of the European Union by Ukraine requires a lot of investment, Prime Minister Mykola Azarov said.

"No one says that the reforms, first of all economic ones, will be easy. These tasks are rather ambitious. The implementation of technical requirements and standards requires a lot of work and big investments. This should be our main task for the next few years," he said at a roundtable devoted to Ukraine's integration to the EU held in Parliament.

The premier said that the creation of the free trade area with the EU would create opportunities for the accelerated modernization of the Ukrainian economy, improvement of the country's investment attractiveness and improvement of the competitiveness of Ukrainian producers both on the EU market and on third countries' markets.




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