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Passing of the Draft Law may lead to crystallisation of the “hidden employment” risk for various industries, in particular IT and TMT where it is a common practice to engage individual contractors rather than employing individuals.
As the COVID pandemic showed the vulnerability of Europe’s long supply chains to Asia, Ukraine has a great chance to reinvent itself as both a manufacturing hub and an efficient logistical provider.
During the last few months, Ukrainian state authorities have adopted a number of regulations regarding concession tenders and auctions on sale of state and municipal property.
The Cabinet of Ministers of Ukraine approved the Draft Law “On Foreign Investments in Companies Having Strategic Importance for Ukraine’s National Security”
The study contains a number of proposals to eliminate certain competition restraints for ensuring the growth of competition in the relevant market.