Cai & Lenard Contributed to Doing Business
Since 2015 Doing Business has been a significant indicator for implementation of strategy for sustainable development of Ukraine. Based on data and findings of this Report, Ukraine develops priorities and adopts action plan on improvement of business climate in the country.
Ukraine demonstrates a stable progress in improving its positions: in 2012 we were ranked 152nd among 192 countries, but in 2020 Ukraine advanced to 64th position*.
Cai & Lenard’s experts have been cooperated with Doing Business since 2014 to support the reforms improving business regulation in Ukraine.
For a contribution to the Report’s preparation, the World Bank expressed its appreciation to Cai & Lenard’s Counsel Dmytro Symanov and awarded him with a certificate. We believe it is a victory of the whole Cai & Lenard’s team.
*It is to be noted that the Report for the next year is usually published in October of the current year. However, due to the reported data irregularities and data review process caused thereby, the Doing Business 2021 report wasn’t published. It the coming months it is planned to complete the arrangements for the publication of the Report for 2021, incorporating the data corrections.
“Cai & Lenard are grateful for the recognition of our efforts and will continue to cooperate with Doing Business”, Mr. Symanov commented.