V. Khomutynnik stressed the importance of cooperation with the World Bank, particularly in the context of economic reforms, one of the key issues of which is the development of business climate in Ukraine by means of reduction of tax pressure.  

Chimyao Fan informed about the new programs of cooperation with Ukraine. In particular, the program of strategic partnership between the World Bank and Ukraine for 2012-2016, which aims at improving business climate and strengthening competitiveness on the international arena. The program provides a set of actions for consultative and technical support.  

The Parties agreed to further cooperate in this direction.

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