Thursday, March 25, 2010

President Yanukovych meets Vice Prime Minister Tihipko

President Yanukovych instructed Vice Prime Minister Tihipko to elaborate a program of simplifying the procedure of obtaining permits for entrepreneurs.

The President said it is necessary to introduce the principle of "tacit agreement" for small and medium entrepreneurs to realize their business projects.

The principle of "tacit agreement", said Viktor Yanukovych, means that unless given written denial from the state, entrepreneurs are allowed to begin their business in twelve days after they have contacted relevant authorities and filled out all the papers.