Ukrainian-Arab business Council initiates the creation of a Ukrainian Bank, whose founders fully would be Arab businessmen. This was announced by the Council President Sheikh Abu Emad Alrub, says Case.
“We have an idea – to create in Ukraine a Bank with 100% Arab capital. This would greatly facilitate the release of the Ukrainian market of many Arab companies,” said Sheikh, adding that during the talks, representatives of the National Bank and Cabinet of Ministers have previously supported this idea.
The main strategic goal of the Ukrainian-Arab business Council to attract to Ukraine at least $100 billion of investment, he added.
“Arab companies would like to invest in agriculture, processing industry, as well as large investment projects”, – he stressed.
Sheikh also said that to attract investment to Ukraine will take protecting foreign investment laws to eradicate corruption in the judicial system, and to facilitate the obtaining of visas for representatives of business circles.