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Ukrainian government earmarks $79 million to help investors import goods for 'significant' projects

The Ukrainian government has earmarked 3 billion hryvnias ($79 million) this year to support private investors who import new equipment for use in a "significant investment," or a project valued at $12 million or more.

The funds are meant to support investments that create capacity in Ukraine to produce high-value-added items, Deputy Economy Minister Volodymyr Kuzyo said in a press release, adding that the government is also simplifying procedures for importing new equipment and accessories.

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