Ukraine acts to prepare anti-corruption agreement, says EBRD


  • World
  • Friday, 08 Nov 2013

KIEV (Reuters) - Ukraine has renewed a push for agreement with the European Bank for Reconstruction and Development to fight corruption after President Viktor Yanukovich's commitment to improving the business climate was criticised, a bank official said on Friday.

The ex-Soviet republic, which hopes to sign agreements on association and free trade with the European Union at the end of the month, backed away this week from inking the Anti-Corruption Initiative with the EBRD aimed at ending corruption and extortionate business practices which deter investment.

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