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The Ministry of Finance proposed to reform customs in Ukraine with the aim of better transparency and predictability. The model of the reform and changes in custom procedures is currently debated between the Ministry of Finance and the representatives of the Parliament and civil society. The reform will hopefully be implemented by the end of 2017.

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According to the Business Tendency Survey, a quarterly survey of industrial enterprises in Ukraine carried out by the Institute for Economic Research and Policy Consulting (Kyiv), the biggest obstacles to production growth in Ukraine in May 2015 were low demand, liquidity problems, excessive taxation, and unstable political situation.

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We have the pleasure the present you the second of the series of our policy papers that we will be publishing in the near future. The publication discusses the issue of Gold-plating – the process where an EU directive is given additional powers when being transposed into the national laws of member states. Enjoy your reading!