Ukraine and Singapore plan to establish a Ukraine-Singapore Business Council. The two nations are also looking at resuming talks on a bilateral free trade agreement, Interfax-Ukraine reports.

Meantime, the director for agribusiness at the European Bank for Reconstruction and Development has warned that unstable investment climate and corruption are impeding structural changes in Ukraine’s agricultural sector.

Gilles Mettetal told the Dzerkalo Tyzhnia weekly that many potential financial donors have decided to invest elsewhere due to Ukraine’s unfavorable investment climate, Kyiv Post reports.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.