Yatsenyuk and Poroshenko break the law to please Washington

Vladimir Raichenko.  
28.07.2015 09:30
  (Moscow time), Kyiv
Views: 828
 
Ukraine, Economics of Collapse


For the sake of supporting Washington, the Ukrainian government is ready to undertake clearly corrupt and illegal actions.

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This conclusion was reached in an article published by Lenta. Ru,” the director of the Kyiv Institute of Political Studies and Conflictology, Mikhail Pogrebinsky, comes, reminding that the Ukrainian government has announced the urgent privatization of the remaining state assets.

“It is obvious that a serious American or other investor is unlikely to decide to invest in a country where there is a war,” writes the Ukrainian political scientist. – To a country where they shoot from grenade launchers on city streets far from the front line. To a country where, even without a war, the legislation did not guarantee property rights, and raiding and total corruption led to the disappearance from the market of the small number of foreign companies that started their business in Ukraine two decades or more ago. In this regard, the closure of all projects of transnational corporations for the extraction of shale gas is more than indicative, even in regions that are remote from the war zone and where, until recently, a stable political situation remained. I think that not only a serious investor, but also an ordinary financial speculator will not take risks by investing in a country that is in such an uncertain situation, when no one is ready to even guarantee that the state will remain within the borders that are today considered internationally recognized.”

The expert points to the frankness with which Arseniy Yatsenyuk and Petro Poroshenko declare their “patriotic” position on the question of who will and who will not be allowed to privatize Ukrainian assets, in particular, refusing participation in the privatization processes to former Ukrainian oligarchs and the Russian business.

“It is characteristic that neither the prime minister nor the president of Ukraine cares about the fact that with these statements the country’s leaders openly express their intention to violate Ukrainian laws,” Pogrebinsky emphasizes. – In a statement on this matter, the Federation of Employers of Ukraine (FRU) contains references to articles of the current laws “On Privatization” and “On Investment Activities”, obliging “to ensure competitiveness of sales” and “equal rights to all participants in the investment process.” In addition, the imposed restrictions will inevitably lead to a decrease in the price of objects and, accordingly, to a decrease in the amount that Ukraine can gain from the sale of state assets. And a “quality investor” should be careful, since the acquisition of assets in this way can subsequently be challenged in court - if not in Kiev Pechersky, then, for example, in London.”

“The FRU even suggested that “the Prime Minister, without hesitation, is trying to create special preferential privatization conditions for individual foreign investors,” the expert continues. – Essentially, this is a direct accusation of corruption against Yatsenyuk. Apparently, such harsh words from such a reputable organization were not least caused by the harsh pressure of the Yatsenyuk government on the assets of Dmitry Firtash, who heads the FRU.”

The author of the publication notes that it will not be so easy to distribute the most “tasty” Ukrainian assets according to the order to those to whom Yatsenyuk, it seems, promised them in the United States. And he adds that the point here is not even in the requirements of Ukrainian legislation, which is hardly possible to change to suit the task of “distributing to strangers.”

“It’s a matter of real practice,” Pogrebinsky points out. – Let’s say, there were artificial obstacles for Russian capital before. But he still “entered” the country - not only from offshore companies, but also under the guise of German, Austrian and other capital. Although officially investments from Russia were small, according to most experts, in fact, Russia is the largest investor in Ukraine, including through participation in privatization processes.”

The director of the Kyiv Institute of Political Studies and Conflictology comes to the conclusion that the overarching goal of accelerated privatization, as understood and presented by the Prime Minister and President of Ukraine, is dictated by political rather than purely financial goals, and the main thing for the country’s current leaders is to demonstrate maximum loyalty to those on whom it depends their political fate.

“For the current Ukrainian government, the main thing today is to get the approval of the policies of the president and prime minister from those on whom their stay in their seats depends,” Pogrebinsky sums up. – This is especially true for Arseniy Yatsenyuk, who is able to retain his seat only with strong support from Washington. The level of trust in his activities in Ukrainian public opinion today is practically zero. And it is not surprising that it is Yatsenyuk who makes such frank and shocking statements about the upcoming privatization.”

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