As part of the targeted program, Canada to provide $ 30 million to support entrepreneurship in Ukraine

On July 19, a joint briefing of the First Vice Prime Minister/Minister of Economic Development and Trade of Ukraine Stepan Kubiv and Marie-Claude Bibeau, Minister of International Development of Canada in the framework of her visit to Ukraine took place.

In his address, Stepan Kubiv emphasized on Canada’s fundamental role as an important strategic partner of Ukraine for many years. As an example of Ukraine’s support by the Government of Canada, the First Vice Prime Minister mentioned the Program of Assistance to Ukraine, launched immediately after Ukraine had declared its Independence in 1991, aimed at the most important directions for Ukraine: development of democracy, strengthening of the rule of law, education, ecology, agribusiness, as well as economy, trade and entrepreneurship.

Stepan Kubiv also reminded that as of July 1, 2018, the Ministry of Economic Development and Trade registered 11 projects of technical assistance from the Government of Canada to the tune of 137.5 million Canadian dollars. Continue reading As part of the targeted program, Canada to provide $ 30 million to support entrepreneurship in Ukraine

The right to entrepreneurial activity in Ukraine

Volodymyr Machuskyy

The right to carry out business activities is guaranteed by the Constitution of Ukraine (hereinafter the Constitution).  So,  Art. 42 of the Constitution states that everyone shall have the right to entrepreneurial activity that is not prohibited by law.

Considering the fact that constitutional rights are guaranteed and can not be canceled (Art. 22 of the Constitution), it seems possible to assert with a high degree of confidence about the impossibility  of prohibition the constitutional right to business in any Ukrainian legal act because the constitutional norms in Ukraine have the highest legal force. Continue reading The right to entrepreneurial activity in Ukraine

Entrepreneurship of People’s Deputies, officials of state authorities and local governments in Ukraine: the prohibition or the restriction?

Volodymyr Machuskyy

images-1The results of the electronic declaration of the people’s deputies of Ukraine’s own funds generated considerable negative publicity. It became obvious The egregious cases of the inadequate wealth of citizens who have never engaged in business activities or their positions did allow them to do it.

At least two factors caused the negative reaction of the Ukrainian society: 1) the sense of injustice and lawlessness 2) the traditional Ukrainian envy.

When it comes to the Ukrainian envy, any legal analysis is powerless, and there is a boundless field for sociologists, psychologists and psychiatrists to research and investigate.

At the same time, the sense of injustice and lawlessness, as the determining factor in this case, is the need for a legal analysis of existing legislation that is aimed at regulating the entrepreneurial activity, in particular, those provisions of the law that regulate the limitations of the entrepreneurial activity and define the legal essence of business in Ukraine. Continue reading Entrepreneurship of People’s Deputies, officials of state authorities and local governments in Ukraine: the prohibition or the restriction?